1933 Industries Begins Cannabis Cultivation and CBD Manufacturing Operations in California
1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE: TGIF) (OTCQX: TGIFF), a vertically-integrated and growth-orientated cannabis consumer packaged goods company, is pleased to announce that it has readied its California operations to begin manufacturing its line of proprietary CBD wellness products with full-spectrum CBD for the ever-growing California dispensary market, as well as debuting its Alternative Medicine Association (AMA)-branded THC products for the first time in that state.
Following the execution of a management agreement with California-based, licensed cultivator Green Spectrum (refer to news release dated August 15, 2019), the Company has established both cultivation and extraction capabilities for its AMA-branded products outside of Nevada, as well as for luxury brand Blonde™ Cannabis, a licensed partner. Local manufacturing of the Canna Hemp™ line allows the Company to produce full-spectrum CBD infused products for direct distribution to local dispensaries and grants the Company greater flexibility to react to California’s changing regulatory environment.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2020/07/c5879.html
Alexia Helgason, IR and Corporate Communications Director, 604-674-4756 (ext. 1), alexia@1933industries.com; Chris Rebentisch, CEO & Director, 604-674-4756 (ext. 1)Copyright CNW Group 2020
Published at Tue, 07 Jan 2020 13:32:18 +0000
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