Mr. Paul Rosen reports

1933 INDUSTRIES ANNOUNCES APPOINTMENT OF CURTIS FLOYD AS DIRECTOR

1933 Industries Inc. has appointed Curtis Floyd to its board of directors. Mr. Floyd is a seasoned businessman and attorney, with public company board expertise in the cannabis industry. Ranson Shepherd has departed as director and the company thanks him for his valuable contributions.

Mr. Floyd served on the board of directors of California-based cannabis producer Next Green Wave, which was acquired in March, 2022, by Planet 13, a multistate cannabis company headquartered in Las Vegas, Nev. In addition, Mr. Floyd has extensive experience in business, entrepreneurship, governance, banking, risk management and leadership, having founded or invested in privately held businesses in the solar, digital marketing, funeral, educational and food services, farming, and construction industries. As a practising attorney, Mr. Floyd has counselled numerous business owners on business formation, structuring, expansion, financing, compliance and litigation. He earned an economics degree from UCLA and a law degree from Stanford University.

Mr. Floyd is a founding member of the board of directors of Mission Bank, a publicly traded community bank. In his capacity, Mr. Floyd served as the chair of the audit committee and currently serves as chair of the corporate governance committee and as a member of the mergers and acquisitions committee. Since its formation in 1999, Mission Bank has grown from a single branch location with approximately $5-million (U.S.) in assets to a regional bank with over $1.5-billion (U.S.) in assets. From 2019 to 2022, Mr. Floyd served as chairman of the board of directors of the Community Action Partnership of Kern, a community service organization with an annual budget in excess of $45-million (U.S.) and over 900 employees.

Paul Rosen, chairman and chief executive officer of 1933 Industries, said: "I have had the privilege of knowing Curtis for the last three years during which he has been an avid and effective supporter of 1933. He brings an incredible skill set developed over his amazing career and I am delighted and excited to have him join our board. I wish as well to thank Ranson for his time on our board and the many positive contributions he made to 1933 Industries during that time."

Mr. Floyd is a long-term investor of 1933 Industries and currently owns over 12 million common shares, placing him in alignment with the shareholders of the company.

About 1933 Industries Inc.

1933 Industries is a Nevada-based 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. Its product offerings through its in-house brands include: wholesale flower, prerolls and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp, a national cannabidiol (CBD) brand of wellness products that includes tinctures, gummies, topicals and sports recovery products. The company owns 91 per cent of Alternative Medicine Association LC (AMA) and 100 per cent of Infused MFG LLC.

We seek Safe Harbor.