What 1933 Industries does

1933 Industries Inc. is a publicly traded consumer packaged goods company (CSE: TGIF; OTC: TGIFF) incorporated in British Columbia, Canada, with corporate headquarters in Vancouver and operating assets concentrated in Las Vegas and North Las Vegas, Nevada. The company operates through wholly-owned subsidiaries, principally Alternative Medicine Association (AMA), which runs a 68,000 sq. ft. indoor cannabis cultivation and production facility on 4.17 acres of owned land in North Las Vegas. AMA produces and wholesales branded cannabis flower, pre-rolls and boutique concentrates to retail dispensaries across Nevada, with products consistently ranked as top sellers in the state per Headset market intelligence (#1 in Nevada's flower category and #2 in concentrates as of February 2026). The portfolio spans over 100 SKUs under the AMA, AMA Extracts, Canna Hemp, Canna Hemp X, and Viva La Dabs brands.

The company generates revenue through three primary streams: (1) B2B wholesale of AMA branded cannabis products to Nevada dispensaries, (2) Canna Hemp branded CBD wellness products (relief creams, elixirs, body lotions, lip balms) distributed through California retail outlets and online, and (3) third-party manufacturing/licensing agreements (e.g., MariMed THC products, Viva La Dabs concentrates). The customer base spans both medical and adult-use cannabis consumers in Nevada with exposure to Las Vegas tourism-driven demand, as well as CBD wellness consumers nationally. In recent quarters, revenue has declined year-over-year (Q2 FY2026 of $7.9M CAD vs. $8.4M prior year) and gross margin compressed to 24% from 34%, reflecting Nevada market contraction, falling flower pricing, and illicit hemp competition. Despite top-line pressure, the company achieved its third consecutive profitable quarter in Q1 FY2026. Capital structure remains constrained, with approximately $1.56M in unsecured convertible debentures maturing December 31, 2025 and an active debenture-to-equity conversion initiative citing insufficient cash liquidity to repay principal.

Name

1933 Industries

Legal name

1933 Industries Inc.

Website

https://1933industries.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

1933 Industries is a publicly traded cannabis cultivator and CPG company operating a 68,000 sq. ft. indoor facility in Nevada, wholesaling branded flower, pre-rolls and concentrates under its AMA brand to retail dispensaries, alongside Canna Hemp CBD wellness products.

Ownership category

akta.pro rank

Product category

Cannabis Cultivation and Consumer Packaged Goods

NAICS

Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991), Beer, Wine, and Liquor Retailers (445320)

SIC

Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Cannabis Dispensary + Ancillary Retail (Accessories, CBD/Hemp, Merchandise) (CRANAFAH)

akta.pro secondary industry

CBD/Hemp Wellness & Supplements Retail (CRANAHAC)

Keywords

• Cannabis cultivation
• Cannabis concentrates
• CBD wellness products
• Wholesale cannabis distribution
• Contract cannabis manufacturing

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Cannabis Wholesale: Wholesale of cannabis flower, pre-rolls and boutique concentrate products under proprietary AMA brand to retail dispensaries across Nevada
2. CBD/Hemp Products: Canna Hemp branded CBD products including relief creams, elixirs, body lotions, and lip balms sold through retail outlets
3. Third-Party Manufacturing: Production of other brands' products including concentrates and THC products under licensing agreements (e.g., MariMed products)

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

1933 Industries cultivates, manufactures, and wholesales cannabis consumer packaged goods including flower, pre-rolls, and boutique concentrates under its proprietary AMA brand to retail dispensaries across Nevada. It also produces and distributes a line of hemp-based CBD topical and wellness products under the Canna Hemp brand through California retail outlets and e-commerce channels.

Product overview

1933 Industries is a consumer-packaged goods company operating as a single-segment cannabis cultivator and producer with a portfolio of premium brands. The core business centers on Alternative Medicine Association (AMA), a wholly-owned subsidiary operating a 68,000 sq. ft. indoor cultivation facility in Nevada. AMA produces and wholesales cannabis flower, pre-rolls, and boutique concentrates under the proprietary AMA brand to retail dispensaries across Nevada. The company also operates Canna Hemp, a hemp-based CBD wellness sub-brand offering topical creams, elixirs, body lotions, and dabs targeted at sports recovery and general wellness markets. The product portfolio spans well over 100 SKUs across cannabis cultivation products and CBD consumer goods, with AMA consistently ranking as a top-5 and top-selling brand in Nevada.

Differentiator

Problem solved

Functional benefit

Brands

• Alternative Medicine Association (AMA): Flagship cannabis brand producing premium cannabis flower, pre-rolls, and boutique concentrate products in Nevada. AMA branded products consistently rank as top sellers based on volume in Nevada.
• Canna Hemp
• Canna Hemp X

Products and services

• Alternative Medicine Association (AMA) Cannabis Brand Primary cannabis cultivation and production brand offering wholesale cannabis flower, pre-rolls, and boutique concentrate products to retail dispensaries across Nevada; consistently ranks as a top-selling brand in the state.
• AMA Flower Cannabis flower products sold under the AMA brand, ranked #1 in Nevada's flower category by February 2026 according to Headset market intelligence.
• AMA Extracts Boutique cannabis concentrate products manufactured in-house under the AMA Extracts sub-brand, maintaining strong market positioning in Nevada's concentrates category.
• Canna Hemp CBD Wellness Line Hemp-based CBD product line including relief creams, elixirs, body lotions, lip balms, and CBD dabs sold through California dispensaries, retail outlets, and online, targeted at sports recovery and general wellness markets.
• Canna Hemp X Sports Recovery Line CBD-infused sports recovery product line targeting action sports and athletic recovery markets, developed under licensing partnership with Grizzly Griptape.
• Viva La Dabs Concentrates Premium cannabis concentrate brand manufactured by AMA under agreement with Viva La Buds, featuring an artisanal approach to quality and consistency for the Nevada market.
• MariMed-Branded THC Products (Licensed Manufacturing) Licensed production of MariMed's THC product portfolio (Melts, mints, Kalm Corn, Betty Eddies, Berry Bombs) using AMA's proprietary processes for Nevada dispensary distribution.

Quantifiable outcome

• AMA ranked first in Nevada's flower category by February 2026
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Grizzly Griptape / Torey PudwillminorGTM or Marketing Partner · 3 April 2018One-year licensing agreement for Canna Hemp X CBD-infused recovery cream targeting action sports market. Partnership with professional skateboarder and Grizzly Griptape founder Torey Pudwill for sports recovery product line.
• Spire Secure LogisticscoreStrategic or Co-development Partner · 1 February 2018Acquisition of Spire Secure Logistics Inc. as wholly-owned subsidiary. Canadian company specializing in security, intelligence, and compliance services for regulated cannabis industry and other sectors with international operations.
• Harvest FoundationcoreStrategic or Co-development Partner · 1 January 2018Cultivation facility acquisition target located adjacent to AMA's Las Vegas facility. Approximately 10,000 sq. ft. Nevada cultivation licensee for medical and recreational cannabis. AMA already managed facility under contract before full acquisition.
• MariMed AdvisorscoreOEM/ Whitelabel/ Licensing Partner · 3 November 2017Exclusive licensing agreement for AMA to produce MariMed THC products including sublingual Melts, THC/CBD Mints, Kalm Corn, Betty Eddies and Berry Bombs product lines using proprietary processes for distribution to all Nevada dispensaries.
• Viva La BudsminorOEM/ Whitelabel/ Licensing PartnerManufacturing agreement for Viva La Dabs brand concentrates in Nevada. AMA expanded production capacity by manufacturing this artisanal concentrates brand.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Cresco Labs: Multi-state cannabis operator with a strong wholesale and cultivation focus. Highly comparable to 1933 Industries given its emphasis on branded flower and concentrate production for dispensary distribution.
• Planet 13 Holdings: Nevada-anchored cannabis operator headquartered in Las Vegas. Most directly comparable geographic peer, sharing 1933 Industries' exposure to Las Vegas tourism and Nevada's regulated adult-use market.
• Charlotte's Web Holdings: CBD/hemp wellness brand selling topicals, tinctures, and recovery products through retail and DTC channels. Most directly comparable to 1933 Industries' Canna Hemp line in the federally legal hemp-CBD space.
• CV Sciences: CBD-focused consumer products company (PlusCBD Oil) selling topicals, capsules, and sprays through retail. Directly comparable to the Canna Hemp brand's CBD wellness positioning and distribution channels.
• Ascend Wellness Holdings: Multi-state cannabis cultivator and wholesaler with branded flower and vapes. Comparable wholesale-led model to 1933 Industries' AMA brand serving dispensaries across limited-state footprints.

Broad incumbents

• Curaleaf Holdings: Large multi-state cannabis operator with cultivation, processing, and retail across 17+ states. Broad incumbent overlap with 1933 Industries' wholesale/flower model at significantly greater scale.
• Green Thumb Industries: Multi-state cannabis cultivator and retailer with a national brand portfolio. Comparable wholesale flower/concentrate model but operating at meaningfully larger scale across more geographies.
• Trulieve Cannabis: Cannabis cultivator and vertically integrated operator with strong wholesale and retail capabilities. Comparable branded-flower and concentrates strategy though at much greater scale and footprint.
• Tilray Brands: Global cannabis and CPG operator with cultivation, branded products, and distribution. Overlaps with both 1933 Industries' cannabis wholesale and Canna Hemp-style consumer wellness categories at much greater scale.
• Canopy Growth Corporation: Large Canadian cannabis operator with multi-state US exposure and a CBD consumer products line. Overlaps with 1933 Industries across cannabis cultivation and CBD wellness categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/1933Industries

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 1933 Industries