1933 Industries Inc. (CSE:TGIF) (OTCQB:TGIFF) touted a sales milestone for the first month of 2021.
The cannabis consumer packaged goods company disclosed that total sales and open orders amounted to CA$1.4 million ($1.09 million).
January was also fruitful for 1933 s cultivation subsidiary, Alternative Medicine Association, which saw its strongest monthly sales to date. This came on the heels of the company s launching branded cannabis flower and pre-rolls in late August.
Over the year, AMA s sales increased by 113%.
The Vancouver-based company also said it remained dedicated to scaling up production at its Las Vegas cultivation facility.
AMA is also poised to expand its 161 branded SKUs portfolio by introducing three new pre-roll multipacks and one gram flower jars.
1933 Industries Inc.: 1933 Industries Reaches Milestone Sales for the Month of January
VANCOUVER, BC / ACCESSWIRE / February 3, 2021 / 1933 Industries Inc. (the Company or 1933 Industries ) (CSE:TGIF) (OTCQB:TGIFF), a vertically integrated cannabis consumer packaged goods company, is pleased to announce that Company-wide total sales and open orders reached CAD$1.4 million in January 2021. The Company reports that its cultivation subsidiary, Alternative Medicine Association (AMA), recorded its strongest monthly sales to date since launching its AMA branded cannabis flower and pre-rolls in late August 2020, representing a 113% increase year over year.
The latest sales figure is a significant milestone for the Company as it continues to scale up production from its state-of-the-art Las Vegas cultivation facility. The Company expects to generate increased revenues and improved margins with higher volume, quality and consistency of saleable flower and biomass produced. AMA now boasts
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