Business
1933 Industries Closes Repurchase and Cancellation of Convertible Debentures
VANCOUVER, BC / ACCESS Newswire / September 9, 2025 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCID:TGIFF), a Nevada-focused cannabis cultivator and producer, is pleased to announce that it has closed the previously announced ...
About this update from 1933 Industries, Inc.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / September 9, 2025 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCID:TGIFF), a Nevada-focused cannabis cultivator and producer, is pleased to announce that it has closed the previously announced (see news release dated September 2, 2025) Debenture Repurchase Agreement (the "Agreements") with two arm's length parties (together the "Vendors"), for the repurchase and cancellation of a portion of Company's outstanding unsecured convertible debentures.","length":559,"tagName":"p"},{"type":"text","content":"Pursuant to the Agreements, the Company repurchased $475,000 in principal value of debentures for a total cash consideration of $47,500 CAD. Following the closing, the debentures were transferred, cancelled and removed from the Company's outstanding liabilities.","length":266,"tagName":"p"},{"type":"text","content":"The Agreement was conducted in accordance with the provisions of the trust indenture dated December 31, 2023, applicable securities laws, and the policies of the Canadian Securities Exchange (the "CSE").","length":213,"tagName":"p"},{"type":"text","content":"About 1933 Industries Inc.","length":26,"tagName":"p"},{"type":"text","content":"1933 Industries is a Nevada-based licensed producer, focused on the cultivation and extraction of a large portfolio of cannabis consumer products in a variety of formats under its flagship brands, Alternative Medicine Association (AMA) and Level X. Its product offerings are cultivated at the Company's 68,000 sq. ft. indoor facility and marketed directly to retail dispensaries. AMA branded flower, infused pre-rolls, and in-house boutique concentrates consistently rank as the top products sold in Nevada. For more information, please visit www.1933industries.com","length":569,"tagName":"p"},{"type":"text","content":"For further information please contact:","length":39,"tagName":"p"},{"type":"text","content":"Alexia Helgason, VP, Investor Relations [email protected]","length":79,"tagName":"p"},{"type":"text","content":"Brian Farrell, Chairman and [email protected]","length":56,"tagName":"p"},{"type":"text","content":"Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of ...