1933 Industries Generates $4.6 Million Revenue and Reports Third Quarter Fiscal Year 2019 Financial Results – Yahoo Finance

VANCOUVER, July 2, 2019 /PRNewswire/ – 1933 Industries Inc. (the “Company” or “1933 Industries”) (TGIF.CN) (TGIFF), a vertically integrated cannabis consumer packaged goods company that owns licensed cultivation and manufacturing assets to support its brands, is pleased to announce its Third Quarter Financial Results for the three and nine months ended April 30, 2019 (“Q3”).

CSE: TGIF, OTCQX: TGIFF (CNW Group/1933 Industries Inc.)More

Q3 2019 Selected Financial Information
All amounts expressed are in Canadian dollars.

Consolidated Results

Q3 2019

Q2 2019




Gross margin



Cash balance



Net loss






Total assets



Results of Operations

Nine Months

April 30, 2019

Nine Months

April 30, 2018

Total revenue



Gross margin



Net loss



Comprehensive loss



Basic and diluted loss per share



Balance Sheet Summary

April 30, 2019

April 30, 2018

Current assets



Total assets



Current liabilities



Total liabilities



Total equity




Management Commentary

Mr. Chris Rebentisch, Chief Executive Officer remarked, “Overall, we are pleased to report strong growth comparatively to our last quarter, driven by rising consumer demand for our AMA cannabis products in Nevada and the impressive growth of our Canna Hemp™ line throughout the United States, which is one of the largest growing cannabis markets globally. Since becoming a publicly-listed issuer two years ago, we have focused on building one

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