Proactive Investors - Run By Investors For Investors

1933 Industries names CEO Brayden Sutton chairman of the board

Sutton has led the cannabis cultivator since October
Brayden Sutton
1933 also announced a consulting deal with Westmount Capital, which will provide investor relations services in Europe.

The president and CEO of 1933 Industries Inc (CSE:TGIF) (OTCMKTS:TGIFF) has another hat to wear, the company announced Friday.

Brayden Sutton, who has led the cannabis cultivator since October, was named chairman of the board.

Sutton will receive 200,000 bonus shares at C$0.50 per share instead of a cash bonus, the company said.

READ: 1933 Industries increases capacity at Las Vegas hemp extraction facility

Meanwhile, the Vancouver company is looking for European investors. 1933 announced a consulting deal with Westmount Capital, which will provide investor relations services in Europe.

The firm will receive 100,000 stock options exercisable at C$0.55 per share in exchange for introducing the company to institutional investors, fund managers and family offices, among other promotion.

Shares of 1933 held at C$0.45 on the CSE and slipped 3.6% to US$0.33 on OTC markets.

Contact Andrew Kessel at [email protected]

Follow him on Twitter @andrew_kessel

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full TGIF profile View Profile

1933 Industries Timeline

Related Articles

windmill
May 07 2019
TGOD has been busy building out its facilities in Ontario, Quebec, and Jamaica and expects to reach combined production of 219,000 kilograms of cannabis around 2021
Empower clinic locations
March 26 2019
Empower Clinics is one of the largest operators of medical-cannabis-focused healthcare in the US
A visual representation of a drug candidate working in a dog
January 28 2019
The company has reaffirmed its upcoming milestones as it confirmed December quarter achievements.
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use