1933 Industries (TSE:TGIF) has released an update.
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1933 Industries, a Nevada-based cannabis cultivator and producer, reports a net profit of $0.1 million in Q3 2024, showing a significant financial turnaround from the previous year’s $3.3 million net loss. The company credits its success to strategic measures boosting revenue to $4.9 million for the quarter and operational efficiencies. Their AMA branded products lead the market in Nevada, with top rankings in flower and concentrate sales and third in pre-rolls.
For further insights into TSE:TGIF stock, check out TipRanks’ Stock Analysis page.
