Investorideas.com newswire, breaking news for marijuana, cannabis and hemp stocks

Friday, 18 October 2019

Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $AVCN.TO) (TSX: $TGOD.TO) (TSX: $WEED.TO) (NYSE: $CGC) (CSE: $HITI.C) (TSXV: $META.V) (CSE: $ISH.C)



Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move: (TSX: $AVCN.TO) (TSX: $TGOD.TO) (TSX: $WEED.TO) (NYSE: $CGC) (CSE: $HITI.C) (TSXV: $META.V) (CSE: $ISH.C)



Delta, Kelowna, BC –October 18, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.

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Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts

In today’s podcast we look at a few of today’s early announcements as well as the Canadian retail market one year after federal legalization.

Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) announced that Santa Marta Golden Hemp S.A.S. ("SMGH"), a majority owned subsidiary of the Company, has obtained a United States Department of Agriculture National Organic Program certification from Control Union Certifications, for its hemp cultivar, and has obtained registration for an additional 15 genetic strains of cannabis.

Receipt of a NOP certification from the USDA for the cultivation of hemp (non-psychoactive cannabis) makes SMGH the first producer to receive this certification in Colombia. As a result, SMGH's organic cultivation practices are now validated by the USDA, which positions the Company to provide certified organic hemp derivatives for use in supplements and food products produced or shipped to the United States. The USDA protects consumers by allowing certified growers to use the USDA organic logo on products that are grown without the use of synthetic fertilizers, pesticides or herbicides. Any products intended for medical purposes coming from this organic cultivated hemp are outside of the scope of this certificate and cannot be commercialized as "organic".

Aras Azadian, the Company's Chief Executive Officer, stated, "Receiving the USDA NOP certification marks a significant milestone in our commitment to help set the highest quality standards in organic and sustainable cannabis cultivation, as we take another step forward towards becoming a global leader in the CBD industry. We expect this achievement to facilitate our growth strategy, which includes the expansion of both our plant-derived active pharmaceutical ingredients and bulk CBD formulations, as well as our branded lines of finished derma-cosmetics and phyto-therapeutic products into the U.S. and European markets where the USDA certification is a premium differentiator for those product categories that allow hemp to be certified as organic."


The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF) unveiled a new strategic plan, including a series of actions to reduce the Company's financing requirements while maintaining its path to profitability.  These actions will result in increased agility, lower capital requirements and an optimal production capacity to serve the organic segment.

"These actions are logical next steps in TGOD's road to profitability.  While we are committed to – and our strategy continues to leverage – our unparalleled scale as an organic producer as well as our international assets, we have identified areas where our scale would not provide for meaningful returns in the near term given the slower pace of legal market conversion.  We will optimize our operating efficiency by deferring excess capacity and expenses, whether they center on production facilities, international expansion projects or technology," commented Brian Athaide, CEO of TGOD.

Given current market conditions, the Company is adopting a new construction and operating plan to reduce its cash needs, with a prudent production ramp leading to expected positive operating cash flow in Q2 2020.  The Ancaster greenhouse is complete, and the Ancaster processing facility is approximately five weeks from material completion. TGOD's large scale project in Valleyfield, Quebec will be demarcated into smaller phases, with more to be completed once the market further develops. The combined facilities will enable TGOD to produce 20,000 kg to 22,000 kg in 2020.  

The Company estimates that it will need approximately $70M to $80M between now and the end of Q2 2020 to undertake the plan and reach positive operational cash flow by Q2 2020; it has engaged with an advisor and is currently evaluating a variety of options to secure the required funding.  This plan maintains the optionality to recommence completion of Valleyfield Phase 1a to full 65,000 kg capacity and Phase 1b for a further 65,000 kg once there is a clear path to Canadian retail store expansions and legal revenue growth. Funding is expected to come from operating cash flow or with lower cost financing given proven production and revenue from Ancaster and the smaller first phase of Valleyfield.

"With the current Canadian legal market being smaller than initially anticipated, mainly due to a slow rollout of retail locations in key provinces, we believe that our revised plan will allow TGOD to right size its production to capture the organic segment, while maintaining optionality to quickly accelerate and expand as more retail locations begin to open," added Athaide.

Right now there are roughly 500 licensed cannabis providers authorized to sell cannabis, though few are up and running, compared with the approximately 100 shops that opened on legalization day last year.

Alberta has been leading the way with more than 300 licensed private cannabis providers for just 4.37 million people.

Ontario, with 14.57 million people or 40 per cent of the nation’s population, has just 24 stores, but the government is in the process of increasing that number to 75.

According to one article, “In July, the latest numbers available, pot retail sales were $104.4 million, surpassing the $100 million mark for the first time, with Ontario as the largest contributor with $29.6 million with just two dozen bricks-and-mortar outlets. British Columbians have bought just $25 million worth of legal pot since legalization, less than the far smaller provinces of New Brunswick and Saskatchewan, at $29.3 million and $44.5 million, respectively.”

The article continued, “For retailers lucky enough to open a store in Ontario, the slow rollout has been a boon. Alcanna signed a licence agreement with a lottery winner who opened a store in downtown Toronto. The Queen Street store is averaging $450,000 in sales a week, more than double its busiest stores in Edmonton and more than six or seven times the average store, Alcanna’s Burns said.”

Below is a look at some of the Canadian retail providers and the number of stores opened so far.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) launched its 27th retail location and introduce customers in Brandon, Manitoba to its second location, conveniently located in Brandon's Corral Centre.  

"Retail presence is a key driver of brand recognition in a competitive market," said Rade Kovacevic, President, Canopy Growth. "With twenty-seven locations already open and many more in the works we are confident we're establishing a national presence that can pay dividends for years to come."
                             
The province of Manitoba has effectively rolled out their retail strategy and has ensured that the brands Canadians know and trust are easily accessible within each community. As we have seen, having physical retail locations has proven to be the most effective way to build brand loyalty by creating reliable educational hubs, supplied with high-quality, regulated products.
                             
Tokyo Smoke, Canada's award-winning and design-focused cannabis retailer is now present across two provinces, while Canopy's second retail banner, Tweed, is located across four provinces. With 27 retail stores either owned or licensed, Canopy's retail banners represent the 4th largest cannabis retail network in Canada.

The Tokyo Smoke store team looks forward to meeting its neighbours and creating a hub for adult recreational cannabis education and culture. The company is committed to building on its retail presence to drive brand awareness and continue to offer consumers convenient access to quality cannabis products, while combatting the black market through an effective retail structure.

Fire & Flower Holdings Corp. (TSX: FAF) announced that its wholly-owned subsidiary, Fire & Flower Inc. has closed the transaction previously announced on July 22, 2019 to acquire all of the shares of a licensed retail cannabis operator in Regina, Saskatchewan from Mera Cannabis Corp.

Fire & Flower's Regina store will re-open today, on Friday, October 18 at 10:00 am local time, and is located at 680 E Victoria Avenue. Fire & Flower welcomes members of the community and local media to attend the grand opening of the location on Friday morning.

"We are very pleased to be opening a Fire & Flower location in the key urban market or Regina and this store continues to strengthen our position within the Saskatchewan market," shared Trevor Fencott, Fire & Flower's Chief Executive Officer. "Saskatchewan continues to be a key market for Fire & Flower because of our ability to buy directly and efficiently from licensed producers through our wholesale business, Open Fields Distribution. This province provides a test market for cannabis products through the HifyreTM digital cannabis retail and analytics platform."

High Tide Inc.  (CSE:HITI) (OTCQB:HITIF) recently announced that the KushBar retail store located in Unit #7 at 8807 100th Street in Morinville received its first delivery of cannabis products from Alberta Gaming, Liquor and Cannabis and will begin selling recreational cannabis products and accessories. To celebrate the grand opening of this location, festivities will take place at the KushBar Store on Saturday, October 19th.

High Tide currently has 26 branded locations selling recreational cannabis products across Canada, inclusive of the KushBar Store. "Based on the early success of the first KushBar store opened in Camrose last month, we are excited to continue opening more locations across Alberta and bringing this modern retail experience to new customers," said Raj Grover, President and Chief Executive Officer of High Tide. "Located just north of Edmonton, Morinville is a growing community and holds a unique place in the province. We look forward to being part of the community for the long term," added Mr. Grover. The Company will soon have 30 branded retail cannabis locations across Canada, barring any changes to the current rate of licensing by AGLC.

The development permits for the remaining Canna Cabana and KushBar stores needed to achieve the AGLC's maximum of 42 are secured and in-hand, with each location currently under various stages of development and construction. Outside of Alberta, High Tide currently has a Canna Cabana retail cannabis store in Swift Current, Saskatchewan, along with 3 branded locations in Hamilton, Sudbury and Toronto, Ontario.

Inner Spirit Holdings Ltd. (CSE:ISH), recently announced an October 10, 2019 opening for its newest franchise retail cannabis store in Southeast Calgary's Penbrooke community and also that it has received cannabis retail store licences from Alberta Gaming, Liquor and Cannabis for a franchise location in Sexsmith, Alberta and from the British Columbia Liquor and Cannabis Regulation Branch for a franchise location in West Kelowna, British Columbia.

Please visit www.spiritleaf.ca for more information including opening dates and operating hours.

The Company also announced that its subsidiary, Spirit Leaf Inc., has terminated two Exclusivity Agreements in Ontario previously announced on August 28, 2019 as the lottery-winning individuals are no longer pursuing licences to operate retail recreational cannabis stores in the province.
"We are very pleased to be opening our 35th Spiritleaf operating location in Calgary's Penbrooke community and adding to our presence in northern Alberta with Sexsmith and in British Columbia's Okanagan region with West Kelowna. We remain very interested in making further investments in the Ontario market and will be relying on AGCO and the Ontario government to continue on their path to providing certainty for the cannabis industry and specifically for retailers. Our retail cannabis store in Kingston was one of Ontario's first outlets to open this year and has enjoyed significant operating success to this point," said Darren Bondar, President and CEO of Inner Spirit.

The Spiritleaf retail cannabis store network includes locations in Alberta, British Columbia, Saskatchewan and Ontario. Spiritleaf is poised to have 35 retail cannabis stores open and operating this week with more than 40 projected to be open by the end of 2019.
Bondar noted that the Spiritleaf brand has more than 20 franchise partners in Ontario currently waiting for opportunities to open their retail cannabis stores in the province to serve customers in their local communities.


National Access Cannabis Corp. (TSXV: META), Canada's largest publicly traded cannabis retailerii, recently provided investors with a corporate and retail sales update. The Company is successfully executing on its growth strategy and has achieved over $60 million in retail sales since legalization, with cumulative gross margin of 32%. The Company is targeting to have 40 operating stores by the end of calendar 2019.
"NAC is already one of the highest revenue generators in the Canadian cannabis space and by revenue, is the largest publicly traded recreational cannabis retailer in the countryii. In a highly regulated market like Canada , we view owning retail shelf space and the data gleaned from millions of customer interactions as a pipeline to accessing customers and developing long-term brands and loyalty," said Mark Goliger , CEO of NAC. "With one of the largest and most visible networks of retail storefronts across Canada and a proven track record of repeat customers, NAC is well-positioned to continue playing a pivotal role in the growing industry. I am proud of our team for bringing us to over $60 million since federal legalization and for generating positive and growing Adjusted EBITDA on a retail basis, all while significantly expanding our store network."
Mr. Goliger added, "As the cannabis industry continues to evolve, and the introduction of new products is on the horizon, NAC has a well-defined growth roadmap focused on building shareholder value. We are focused on building value for shareholders as our team continues to drive performance from existing stores, introduces enhanced store concepts and executes on a robust pipeline of new store locations. We believe that retail is the most strategic segment of the cannabis value chain, as it is the retailers who are able to interact directly with clients and influence their purchasing decisions, it is the retailers who have access to data associated with millions of customer transactions, and it is the retailers who make the decision as to what products to sell."
The Company's current portfolio of 35 licensed locations is split as follows:
      25 NewLeaf Cannabis™ stores in Alberta
      9 Meta Cannabis Supply Co.™ stores in Manitoba
      1 Meta Cannabis Supply Co.™ store in Saskatchewan



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Get more Cannabis Stock Investor Ideas – news, articles, podcasts and stock directory




Investor Ideas adds New #Stocks in Cannabis (CSE: $IPOT.C), Biotech (Nasdaq: $HEPA), eSport (Nasdaq: $AESE), Defense (CSE: $PRT.C) (OTCQB: $PLRTF) and Mining (CSE: $FLO.C)

Investor Ideas adds New #Stocks in Cannabis (CSE: $IPOT.C), Biotech (Nasdaq: $HEPA), eSport (Nasdaq: $AESE), Defense (CSE: $PRT.C) (OTCQB: $PLRTF) and Mining (CSE: $FLO.C)




Point Roberts WA, Delta BC, October 18, 2019 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces its weekly roundup of stocks added to its global stock directories in cannabis, biotech, eSport, defense and mining.


The newest cannabis, defense and mining companies are all listed on the Canadian Stock Exchange (CSE) with defense company, Plymouth Rock Technologies Inc. dual-listed on the US OTC Board (OTCQB: PLRTF).

The latest biotech and eSport companies are both Nasdaq listed on the Capital Markets board.

New Cannabis Companies:
Isracann Biosciences Inc. (CSE:IPOT) is an Israeli-based company focused on becoming a premier cannabis producer offering low-cost production targeting undersupplied major European marketplaces. Based in Israel's agricultural sector, Isracann will leverage its development within the most experienced country in the world with respect to cannabis research.

New Biotech Companies:
Hepion Pharmaceuticals (NASDAQCM: HEPA) is a clinical stage biopharmaceutical company focused on the development of targeted therapies for liver disease arising from non-alcoholic steatohepatitis (NASH) and chronic hepatitis virus infection (HBV, HCV, HDV). The Company's lead drug candidate, CRV431, reduces liver fibrosis and hepatocellular carcinoma tumor burden in experimental models of NASH. Preclinical studies also have demonstrated antiviral activities towards HBV, HCV, and HDV through several mechanisms. These diverse therapeutic activities result from CRV431's potent inhibition of cyclophilins, which are involved in many disease processes. Currently in clinical phase development, CRV431 shows potential to play an important role in the overall treatment of liver disease - from triggering events through to end-stage disease.

New eSport Companies:
Allied Esports Entertainment (NASDAQCM: AESE) is a leading esports entertainment company with a global network of dedicated esports properties and content production facilities. Its mission is to connect players, streamers and fans via integrated arenas and mobile esports trucks around the world that serve as both competition battlegrounds and everyday content generation hubs. Allied Esports is a subsidiary of Allied Esports Entertainment.

New Defense Companies:
Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTFis developing the next generation of threat detection solutions, with state-of-the-art technological advancements. Our advanced threat detection methods fuse artificial intelligence with augmented reality interfaces to eliminate human operating error. Plymouth Rock products, both airborne and land-based, will scan for threat items at greater "stand-off" distances than current existing technologies. Our unique radar imaging and signal processing technology creates new opportunities for remotely operated, none intrusive screening of crowds in real time.Plymouth Rock's core technologies include: (1) A Millimeter Remote Imaging from Airborne Drone ("MIRIAD"); (2) A compact microwave radar system for scanning shoe's ("Shoe-Scanner"); and (3) Wi-Fi radar techniques for threat detection screening in Wi-Fi enabled zones in buildings and places, such as airports, shopping malls, schools and sports venues ("Wi-Ti").

New Mining Companies:
Fiorentina Minerals Inc. (CSE:FLO) is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada.  Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Consortium Project.  The Consortium Project is comprised of three mineral claims covering an area of 1161.10 hectares, located on Vancouver Island, British Columbia, approximately 35 kilometres south of the town of Sayward in the Nanaimo Mining Division.

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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Vertically Integrated #Cannabis Consumer Packaged goods Company 1933 Industries (CSE: $TGIF.C) (OTCQX: $TGIFF) Corporate Update; @1933Industries



VANCOUVER, B.C., CANADA- October 18, 2019 - (Investorideas.com Newswire) I933 Industries Inc. (the “Company” or “1933 Industries”) (CSE: TGIF) (OTCQX: TGIFF), a vertically integrated cannabis consumer packaged goods company, is pleased to provide an update regarding its operations.


Highlights:
  • ·        1933 Industries continues to focus its operations in the licensed US cannabis industry as a multi-state operator in Nevada, Colorado and California.
  • ·        1933 Industries is a two-year old company built with sustainability and profitability as its primary goals and continues to execute on its growth plan. 
  • ·        The Company has instituted capital efficient practices to operate a lean and sustainable business with scalable profitability as its main objective.
  • ·        The Company maintains a strong balance sheet with cash on hand to fund capital projects, the ability to service its debenture payments and currently holds no other debt.
  • ·        Experienced in the cannabis industry, the operationally focused management team raised approximately $36M over the last two years and has added $60M in assets to the Company.
  • ·        Three major capital projects were undertaken by management in order to build expanded infrastructure capacity for cannabis flower cultivation, production of concentrates, and hemp-derived CBD extraction in Nevada.
  • ·        Cultivation facility in Las Vegas was completed and the first harvest is now expected in December, bringing a 5-fold increase in flower production and raw materials for cannabis concentrates.
  • ·        New manufacturing facility in California is coming online in November as well as expanded cultivation capacity for the Company’s AMA premium flower brand.
  • ·        The Company’s proprietary Canna Hemp™ wellness line continues to establish itself as a premier CBD brand across the US and is now available in over 800 retail outlets.
  • ·        World-renowned brands such as OG DNA Genetics, and The Original Jack Herer® selected the Company’s subsidiary, Alternative Medicine Association, as their exclusive partner in Nevada, as well as luxury brand Blonde™ Cannabis, leading concentrate producer Denver Dab Co., premium cannabis brand Gotti’s Gold and custom hardware manufacturer PLUGplay.
  • ·        Leading specialty retailer Zumiez is now carrying the Company’s CBD Canna Hemp X™ sports cream, which was launched in collaboration with top skateboarding company Grizzly Griptape.
  • ·        The exclusive Birdhouse Skateboards™/Canna Hemp X™ co-branded sports cream is set to launch in November and will be available at US Zumiez stores.


Fiscal Responsibility, Strong Balance Sheet and Cash Position
The Company recently provided guidance on its Q4 financial results (see news release dated September 12, 2019) and will be announcing its Annual Financial Report by the regulatory deadline of November 30th.

1933 Industries is a two-year old company built with sustainability and profitability as its primary goals and continues to execute on its growth plan.  The Company sold its purpose-built cultivation facility and negotiated a 10-year lease-back agreement to operate one of Nevada’s largest indoor cultivation facilities for premium craft cannabis (see news release dated May 15, 2019). Gross proceeds of $10.45M are being utilized to fund infrastructure projects in Nevada and California, to open new markets in Arizona and Colorado, and to continue the expansion of its Canna Hemp™ consumer branded goods across the US. Management has built significant sequential growth, quarter after quarter, year over year, building a continued path towards profitability once all projects become fully operational. Additionally, the Company has streamlined its business units to significantly improve operational efficiencies across and reduce corporate overhead.

Expanding Cultivation Capacity in Nevada and California
The Company recently reported that it expects the first harvest of high premium flower from its new cultivation facility in Las Vegas in December, with subsequent harvests every two-weeks thereafter (news release dated September 30, 2019). The completion of the 67,750 sq. ft. purpose-built, indoor facility was a major milestone for the Company as it positions itself as the largest wholesale supplier of premium craft flower to licensed dispensaries and ensures the consistent supply of raw materials for the Company’s AMA product line and licensing partners. The expected output of 700 lbs. of cannabis flower is a 5-fold increase in production and the Company expects that all flower rooms will be filled and harvesting on a continuing basis by January, 2020.

The cultivation and manufacturing buildout in California is on schedule to be completed by the end of October and will be in production by November. The California operation is managed by the Company, but owned by a third party (news release dated August 15, 2019). Both the Nevada and California facilities bring almost 80,000 sq. ft. of total cultivation space to the Company while positioning the Company to maximize cultivation and extraction capabilities in both states.

New Extraction Facilities in Progress
The Company reports that the renovation to increase the footprint of its current extraction facility is on track to receive construction permits from Clark County this week. The construction will take three months to complete, which will double the Company’s extraction and production capabilities (news release dated July 12, 2019).

The Company’s hemp-derived cannabidiol (CBD) extraction facility (Hemp Lab) under development is being designed with the capacity to isolate cannabinoids such as CBD, CBN and CBG, at commercial scale volumes in order to utilize all isolates in the manufacturing of the Company’s own proprietary branded products, with the aim of increasing product margins and bringing online a new, recurring revenue stream. The Company will be providing a full update on its Hemp Lab once it finalizes the timing of equipment delivery, county approvals and engineering plans.

Positioning Canna Hemp as the Premier CBD product line in the US
As a brand-focused company, building a strong portfolio of high margin, industry-leading brands that have wide appeal to consumers is a key priority for the Company. With wholesale partnerships, nationwide reach of its products, and a new partnership with Zumiez retailer in the US, the Company has added an e-Commerce channel with a revamped website portal and upcoming marketing campaigns targeting mainstream media.

The Company’s sports cream, Canna Hemp X™, a collaboration with Grizzly Griptape, targets a growing consumer following from the skateboarding, BMX, snowboarding, motocross and MMA fields of sport. Working through brand ambassadors in all the above sports, the Company is building a brand that resonates with athletes of all levels. The Company has executed licensing agreements with best of breed names including Grizzly Griptape and Birdhouse Skateboards™, with the latter soon to launch a co-branded Birdhouse/Canna Hemp X™ CBD Balm in November. Marketing campaigns will include skateboarding legend Mr. Tony Hawk, Mr. Clive Dixon, Mr. David Loy as well as other Birdhouse team riders to promote the collaboration.  The Company continues to build on its ambassador and influencer programs, with the aim to build teams across the main focus sports noted above.

Management Commentary
Mr. Chris Rebentisch, CEO of the Company remarked, “We are pleased to report that we have never been in a stronger position as a company. We are fully capitalized to execute on our strategy, without having to raise capital and with no debt in our books. With multiple projects coming online over the next months that will increase revenues, we will continue to build our strongest brand portfolio to date while we work towards profitability. We confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. The current share price is not representative of the performance of our operations.”

Mr. Brayden Sutton, Chairman of the Board added, “We have a solid balance sheet that demonstrates the strength of the management team and its expertise as operators in the cannabis space with a long history of execution in the consumer packaged goods sector. We continue to build one of the most impressive ‘House of Brands’ in the market with increasing revenues and distribution. We are in the enviable position to weather market pressures until the sector recovers, and we believe that in the changing landscape of the cannabis industry, companies such as ours with strong fundamentals will become the next phase of the cannabis industry, one that will be distinguished by quality products, safety of ingredients and brand affinity.”

About 1933 Industries Inc. 
1933 Industries Inc. is a vertically integrated, brand-focused cannabis company with operations in the United States and Canada. Operating through two subsidiary companies, the Company owns leading cannabis brands as well as licensed cannabis cultivation, extraction, processing and manufacturing assets.

Our award-winning proprietary portfolio of brands include: AMA flower and AMA concentrates, CBD-infused Canna Hemp™, Canna Hemp X™, and Canna Fused™. Partners under licensing agreements include Birdhouse Skateboards™, Blonde™ Cannabis, Denver Dab Co., Gotti’s Gold, Grizzly Griptape, OG DNA Genetics, PLUGplay, and The Original Jack Herer®.

The Company owns 91% of Alternative Medicine Association, LLC (AMA), and 100% of Infused MFG LLC.

About Canna Hemp™
Canna Hemp™ CBD Relief Cream was named “Best Topical” by Leafy’s Best in State: The Top State Specific Products and Experiences of 2018.

About Canna HempX™
Canna Hemp X™ was named “Best Topicals for Pain” by Herb’s Guide to the Best Cannabis Products on the Planet. Canna Hemp X™ is a CBD sports recovery cream for athletes, bridging the gap between recovery and top performance.

For further information please contact:
Alexia Helgason, IR and Corporate Communications Director
604-674-4756 (ext. 1)
alexia@1933industries.com
Chris Rebentisch, CEO & Director
604-674-4756 (ext. 1)

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct.  Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com.   1933 Industries undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
                                                                       
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