logo-loader
view1933 Industries Inc

1933 Industries sees flowering cycle begin at Las Vegas cultivation facility

The first harvest is expected in early December, with subsequent harvests every two weeks

1933 Industries Inc's Las Vegas cultivation facility
This week, three rooms of plants will begin the flowering cycle, which lasts about eight weeks

1933 Industries Inc (CSE:TGIF) (OTCMKTS:TGIFF) has commenced the flowering cycle of its cannabis plants at its new indoor cultivation facility in Las Vegas.

The plants were transferred to the facility in August, where they completed a vegetative stage for four weeks. This week, three rooms of plants will begin the flowering cycle, which lasts about eight weeks.

"We are pleased with the progress we are making as we build out capacity over the next few months in Las Vegas to reach steady-state production,” CEO Chris Rebentisch said in a statement. "We are proven operators in the cannabis space and we are positioning ourselves to achieve the full potential of this sector.”

The first harvest from the three rooms is expected in early December, with subsequent harvests every two weeks. Meanwhile additional grow rooms will be added to the facility, bringing the total to 15.

READ: 1933 Industries starts sales to retailer Zumiez featuring CBD recovery cream Canna Hemp X

"Our plants are performing very well in our state-of-the-art indoor facility and we are continuously learning and improving our processes,” Director of Cultivation Tim Spencer said in a statement. “The facility is specifically built with integrated technology with high controls and automation to cultivate high-quality craft cannabis at scale with assured consistency and efficiency."

There are 26 strain varieties currently at the facility, and the company plans to augment that with an additional 12 Cannabis Cup award-winning strains in order to sustain production to flower and concentrate products.

"The increased output will provide sufficient supply for the production of our AMA branded products as well as for our licensing partners such as Blonde Cannabis, OG DNA Genetics, Jack Herer, and PLUGplay,” Spencer said.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Quick facts: 1933 Industries Inc

Price: 0.225 CAD

CSE:TGIF
Market: CSE
Market Cap: $62.49 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of 1933 Industries Inc named herein, including the promotion by the Company of 1933 Industries Inc in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Buds & Duds: Cannabis shares start week mixed; 1933 Industries gains on new...

Cannabis stocks were mixed on Monday to open the trading week in North America. The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, stayed relatively flat, inching 0.2% higher to 170 points. Elsewhere, the Horizons Marijuana Life Sciences Index ETF...

on 09/23/2019

2 min read