Welcome to our dedicated page for 1933 Inds news (Ticker: TGIFF), a resource for investors and traders seeking the latest updates and insights on 1933 Inds stock.
News and updates for 1933 Industries Inc. (CSE:TGIF, OTC:TGIFF) focus on its role as a Nevada-based licensed wholesale producer of cannabis consumer products. The company’s releases highlight its cultivation and extraction activities at a 68,000 sq. ft. indoor facility and the performance of its flagship brands, particularly Alternative Medicine Association (AMA) and Level X, in the Nevada market.
Readers can expect news about financial results, where 1933 Industries reports on revenue, gross profit, margins and net income, along with commentary on operational efficiencies and cost-saving initiatives. The company has emphasized periods of positive income, consecutive profitable quarters and improvements in earnings, positioning these updates within the context of the Nevada cannabis market and broader industry conditions.
Another key news theme is the company’s capital structure and convertible debentures. Releases describe the issuance, repurchase and cancellation of unsecured convertible debentures, as well as reminders and guidance to debenture holders regarding conversion deadlines and terms. The company explains how debenture conversions and repurchases affect its outstanding liabilities, liquidity and ability to continue operating, and why conversion is viewed by the board as a constructive outcome for stakeholders.
News items also address regulatory and industry developments, including references to U.S. federal actions related to cannabis scheduling and amendments to the Farm Bill affecting hemp-derived products. 1933 Industries discusses how these changes may influence competition from hemp-derived THC products and create potential opportunities for licensed operators in legal states such as Nevada. For ongoing insight into the company’s operations, financial performance, balance sheet actions and regulatory commentary, this news feed provides a consolidated view of 1933 Industries’ public communications.
1933 Industries (CSE:TGIF / OTCID:TGIFF) provided an update on its 2024 unsecured convertible debentures. As of December 22, 2025, $1,035,000 of debentures were converted into units and $1,563,000 remain outstanding.
The company said the completed conversions reduced outstanding debt and helped preserve liquidity for ongoing operations. Management stated available cash is needed for day-to-day expenses and that the company does not have sufficient liquidity to repay the remaining debentures in cash without materially impairing operations. The company reported recent positive operating results and net income and will continue to monitor and disclose changes to its capital structure as required.
1933 Industries (OTC:TGIFF) issued a final reminder that December 22, 2025 is the last day for holders of its 2024 unsecured convertible debentures to submit conversion instructions ahead of the December 31, 2025 maturity. The board said it cannot satisfy repayment in cash and views conversion as the most constructive outcome to preserve value and strengthen the balance sheet.
Conversion terms: principal convertible at $0.05 per unit; each unit = one common share plus one warrant exercisable at $0.05 until December 31, 2028; accrued interest to be paid in common shares.
1933 Industries (OTC:TGIFF) reported Q1 2026 results for the three months ended October 31, 2025, delivering $3.97M revenue, $978,303 gross profit and $139,219 net income, marking its third consecutive profitable quarter. The company recorded a 25% gross margin and reduced operating expenses to $839,084 from $1,885,268 year‑over‑year. Management highlighted cost‑saving initiatives, top‑5 Nevada brand ranking, and readiness to benefit from a U.S. regulatory reclassification of cannabis to Schedule III. The company repurchased and cancelled $475,000 principal value of convertible debentures for $47,500, and subsequent expirations removed 10,550,000 stock options and 3,700,000 warrants from potential dilution.
1933 Industries (OTC:TGIFF) reminded holders of its unsecured 2024 convertible debentures that conversion requests must be submitted on or before December 22, 2025 to comply with the debenture terms ahead of the December 31, 2025 maturity. The Board said the company cannot repay the debentures in cash and views conversion as the preferred, value-preserving outcome.
Under the terms, holders may convert principal at $0.05 per unit (one common share plus a warrant exercisable at $0.05 until Dec 31, 2028); accrued interest will be settled in shares. The company also highlighted a Dec 18, 2025 U.S. executive order reclassifying cannabis to Schedule III as a positive industry development.
1933 Industries (CSE:TGIF / OTCID:TGIFF) said its unsecured convertible debentures issued in 2024 totaling approximately $2,598,000 mature on Dec 31, 2025 but the company does not have sufficient cash to repay principal without materially impairing operations. Management encourages holders to convert by Dec 22, 2025 under existing terms: conversion at $0.05 per unit (one common share plus one warrant exercisable at $0.05 until Dec 31, 2028, subject to acceleration).
For fiscal year ended Jul 31, 2025 the company reported $17.4M revenue, record $5.4M gross profit (26% margin), and net income before taxes of $0.03M versus a $2.25M loss in fiscal 2024. Accrued interest will be settled by issuing common shares.
1933 Industries (OTC:TGIFF) reported audited results for the years ended July 31, 2025 and 2024, announcing a positive operating result for Fiscal 2025. The company delivered $17.45 million revenue and a record gross profit of $5.16 million, with gross margin rising to 30% (26% excluding fair value adjustments).
Net income before taxes was $33,548 and comprehensive income was $197,621, a turnaround from a $2.25 million net loss in Fiscal 2024. Management cited cultivation improvements, higher THC levels, and inventory optimization. AMA branded products ranked among the top five-selling cannabis brands in Nevada.
Subsequent events included repurchase and cancellation of $475,000 principal of convertible debentures for $47,500, and expiries of stock options and warrants. The release also noted Farm Bill hemp THC limits that could reduce hemp-derived competition in some markets.
1933 Industries (OTCID:TGIFF), a Nevada-focused cannabis company, has successfully completed a debt reduction initiative through the repurchase and cancellation of convertible debentures. The company acquired $475,000 in principal value of debentures for a significantly discounted cash payment of $47,500 CAD, representing a 90% discount to the principal amount.
The transaction, previously announced on September 2, 2025, was executed with two arm's length parties and complies with the trust indenture dated December 31, 2023, as well as applicable securities laws and CSE policies. Following the completion, these debentures have been removed from the company's outstanding liabilities.
1933 Industries (OTCID:TGIFF), a Nevada-based cannabis company, has announced a strategic debenture repurchase agreement with two arm's length parties. The company will repurchase $475,000 in principal value of convertible debentures for $47,500 CAD, representing a significant discount.
Following the transaction's completion, expected around September 5, 2025, the outstanding debenture principal will be reduced to $2,598,000. The repurchased debentures will be cancelled and removed from the company's liabilities, demonstrating management's commitment to strengthening the balance sheet.
1933 Industries (OTC PINK:TGIFF), a Nevada-focused cannabis cultivator and producer, has announced its upcoming Annual General Meeting (AGM) scheduled for July 25, 2025, at 10:30 a.m. PST in Vancouver. Shareholders will vote on several key matters including financial statements review, director elections, auditor appointment, and stock option plan amendments.
The voting deadline is set for July 23, 2025, at 10:30 a.m. PST. Only shareholders of record as of June 10, 2025, are eligible to vote. The company has provided multiple voting methods including internet voting through vote.odysseytrust.com and mail-in options through Odyssey Trust Company.