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1933 Industries Inc
Symbol C : TGIF
Shares Issued 278,313,588
Close 2019-06-17 C$ 0.45
Recent Sedar Documents

1933 Industries talks up Canna Hemp retail expansion

2019-06-17 09:19 ET - News Release

Ms. Ester Vigil reports

1933 INDUSTRIES DELIVERS ON STRONG CBD BRAND DISTRIBUTION STRATEGY BY SURPASSING 800 RETAIL OUTLETS IN THE US

1933 Industries Inc. is continuing to deliver on its expansion strategy, reaching over 800 retail outlets with its premium Canna Hemp brand of wellness products, with coast-to-coast distribution in the United States.

The company remains focused on the expansion of its brands with a growing and diverse distribution footprint, now encompassing licensed cannabis dispensaries, cannabidiol-only dispensaries, health and wellness, and smoke and vape stores throughout 46 U.S. states. Over 200 mainstream outlets carry the Canna Hemp brand, which appeals to wellness-conscious consumers looking for alternative products. The custom-formulated Canna Hemp portfolio offers over 70 high-quality, agricultural hemp-based, CBD-infused products with a range of specific effects. Top cannabis researchers BDS Analytics and Arcview Market Research estimate CBD sales will beat $20-billion in the United States by 2024.

Ester Vigil, president of the company, commented: "We have been extremely successful at building our own distribution channels across the country, which is now one of the largest networks of CBD and a key differentiator of our company. Our integrated approach to the market is attractive to potential third party partners as we control cultivation, extraction, manufacturing, marketing, sales, branding and wide distribution, and, later this year, CBD processing. As cannabis products become integrated into mainstream society, our strategy will continue to focus on increasing market share and national penetration of our consumer-focused, premium products designed to appeal to every household." She added: "We attribute the growth of our sales to the fact that our products are powerful, potent and effective. Our quality is unrivalled and our customers attest to the efficacy of our products."

Leafly, the world's largest cannabis information resource, named Canna Hemp CBD Relief Cream as best topical in its list of Best in State: The Top State Specific Products and Experiences of 2018. Canna Hemp CBD Relief Cream is the company's bestselling topical -- a transdermal pain relief cream for fast-acting targeted relief to areas of discomfort, combating inflammation, arthritis joint pain, backaches, muscles spasms, strains, bruises, cramps and headaches.

The company's Canna Hemp X CBD sports recovery cream for athletes also won accolades. Herb, a cannabis media and commerce company, named Canna Hemp X to best topicals for pain in its Guide to the Best Cannabis Products on the Planet. From soothing pain, aiding with muscle spasms, healing assistance for bruises, injuries or arthritis relief, Canna Hemp X bridges the gap between recovery and top performance.

From seed to sale, the company offers a unique approach to compliance and transparency. All Canna Hemp products undergo rigorous testing to ensure the purity and safety of its CBD. The CBD is lab tested with independent certified laboratories to ensure that it is free of tetrahydrocannabinol and contains no harmful chemicals or pesticides. In addition, all finished CBD products are lab tested with independent certified laboratories and every product is labelled with a QR (quick response) code linking to the lab results, thereby ensuring that the CBD content listed on the label is accurate.

About 1933 Industries Inc.

1933 Industries is a vertically integrated cannabis company with operations in the United States and Canada. 1933 Industries owns licensed medical and adult-use cannabis cultivation and production assets, proprietary hemp-based, CBD-infused branded products, CBD extraction services, and a specialized cannabis advisory firm.

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