PriceSensitive

1933 Industries (CSE:TGIF) reports Q2 2022 financial results

Cannabis, Sponsored, The Watchlist
CSE:TGIF
01 April 2022 12:45 (EDT)

This browser does not support the video element.

1933 Industries (TGIF) has announced financial results for the three and six months ended January 31, 2022. 

CEO Paul Rosan sat down with Shoran Devi to highlight the results.

Revenues in Q2 improved by 23 per cent over Q1 2022, operating expenses were reduced by 65 per cent, and net loss decreased by 87 per cent compared to fiscal 2021.

Improved financial performance, as well as revenue growth, continue to be key priorities for 1933 Industries, and the improvements that the company has set in motion are now reflected in increased flower capacity, consistency, and quality. 

1933 Industries is a Nevada-based, growth-orientated company, focusing on the cultivation and manufacturing of a large portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets.

1933 Industries Inc. (TGIF) opened trading at C$0.05 per share.

Related News