April 1, 2021 8:26 AM EDT
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The Company reports strong results from its previous year:
Positive gross margin 57% Decrease in expenses78% Decrease in net loss98% Improvement in Adjusted EBITDA
VANCOUVER, BC / ACCESSWIRE / April 1, 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 its second quarter (“Q2 2021”) financial results for the period ended January 31, 2021. All amounts expressed are in Canadian dollars.
Financial statements are prepared in accordance with International Financial Reporting Standards (IFRS). Detailed information regarding the Company’s financial results as well as management’s discussion and analysis can be found at https://sedar.com/ and https://1933industries.com/.
Mr. Paul Rosen, Chairman and CEO, Management Commentary
The Company has set as key priorities the