1933 Industries Inc. (OTCMKTS:TGIFF) has reported
that they have received the Nevada Department of Taxation and Clark County
approvals permitting the company totransfer its cultivation licenses to the new
cultivation facility. This means the company has achieved the requisite steps to
commence the transfer of cannabis plants.

Approvals enable transfer of cultivation licenses

Legal Counsel and
Executive Vice President Caleb Zobrist stated that the company has been working
closely with the State of Nevada and Clark County authorities for a smooth
transfer of its cultivation licenses from the old facility to the current new
one.He added that since the company now has licenses in place it will start
cultivation operations on its new facility immediately.

So far all the
work in the site has been completed and the company will commence the transfer
of cannabis plants to the new facility. This included around 200 moms and 5,000
clones that are supposed to populate the facility with the goal of completing
six rooms or two full zones in the first phase within a week. It is expected
that the clones will vegetate for around four weeks prior to the flowering
cycle.

New facility to produce 700-800 lbs. of flower per
month

The Cultivation
Director Tim Spencer stated that the company is currently acclimatizing the
plants to be transferred in new rooms to make sure that life support systems
such as irrigation, humidity, lighting, and temperature controls are optimally
performing as designed. After the new facility starts to function fully and all
systems are optimized, 1933 Industries will be in position to produce between
700 and 800 lbs. of dried flower each month. This will be utilized in the
company’s AMA branded Concentrate and flower products that are currently being
sold in various licensed dispensaries in Nevada.

Spencer added
that the plant varieties were correctly chosen relative to their terpene
profiles and quality. The company aims at cultivating premium cannabis that
will enable the company to produce quality concentrates for the Nevada market.
He added that the company was delighted to begin working with OG DNA Genetics
once they start operations in the new facility.