VANCOUVER, Aug. 16, 2019 /PRNewswire/ – 1933 Industries Inc. (the “Company” or “1933 Industries”) (CSE: TGIF) (OTCQX: TGIFF), a vertically integrated cannabis customer packaged goods corporation, announces the grant of six,800,000 incentive stock solutions to its directors, officers, consultants and workers pursuant to the Company’s stock solution strategy. The solutions are exercisable for a period of 3 years at a cost of $.35 per share and will vest more than a 3-year period.
Additional to the Company’s announcement that it would hold a meeting of debenture holders holding 10% unsecured convertible debentures with an expiry date of September 14, 2021(“Debentures”), the Enterprise has determined not to pursue the amendment to the Debentures and is for that reason cancelling the meeting scheduled for August 28, 2019. The payment of interest will be produced in money.
The Enterprise reminds holders of warrants expiring on August 16, 2019 of the deadline these days.
About 1933 Industries Inc.
1933 Industries Inc. is a vertically integrated, brand-focused cannabis corporation with operations in the United States and Canada. Operating by way of two subsidiary corporations, the Enterprise owns top cannabis brands as effectively as licensed cannabis cultivation, extraction, processing and manufacturing assets. With the objective of delivering all-natural wellness, our award-winning proprietary portfolio of brands consist of: AMA flower and AMA concentrates, CBD-infused Canna Hemp™, Canna Hemp X™, and Canna Fused™. Partners below licensing agreements include Denver Dab Co., Birdhouse Skateboards™, Gotti’s Gold and Kurupt Moonrocks. The Enterprise owns 91% of Option Medicine Association, LC (AMA), and 100% of Infused MFG.
About Canna Hemp™
Canna Hemp™ CBD Relief Cream was named “Best Topical” by Leafy’s Greatest in State: The Leading State Particular Solutions and Experiences of 2018.
About Canna HempX™
Canna Hemp X™ was named “Best Topicals for Pain” by Herb’s Guide to the Greatest Cannabis Solutions on the Planet. Canna Hemp X™ is a CBD sports recovery cream for athletes, bridging the gap in between recovery and top rated efficiency.
Neither the Canadian Securities Exchange nor its Regulation Solutions Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts duty for the adequacy or accuracy of this release.
Notice relating to Forward Searching Statements: This news release consists of forward-seeking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and comparable expressions are intended to determine forward-seeking statements. Despite the fact that the Enterprise believes that the expectations and assumptions on which the forward-seeking statements are primarily based are affordable, undue reliance must not be placed on the forward-seeking statements since the Enterprise can give no assurance that they will prove to be right. Since forward-seeking statements address future events and situations, by their extremely nature they involve inherent dangers and uncertainties. These statements speak only as of the date of this news release. Actual outcomes could differ materially from these at present anticipated due to a quantity of things and dangers such as several danger things discussed in the Company’s disclosure documents, which can be located below the Company’s profile on www.sedar.com. 1933 Industries undertakes no obligation to update publicly or revise any forward-seeking info, no matter if as a outcome of new info, future events or otherwise, except as expected by law.
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