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The power of pot and everything stoner were thought to be keys behind behind the eventual success of legalized cannabis, but as the market has matured, health and wellness has increasingly become the focus for many. People want more than just getting high, they want to get better.

The executive team at 1933 Industries (TGIF.C) saw the writing on the wall, switched gears from a ‘let’s get high on the Vegas strip’ deal, and have expanded their roster with hemp to service the USD$4.2 trillion global health and wellness market.

Importantly, with around $50 million in annual revenues and a $110 million market cap, the company trades at a crazy (in this market) market cap of 2.4x revenue, which puts it on every balance sheet nerd’s list of companies to watch, considering how many of their competitors have caps at 20x revs or more.

Equity.Guru’s own Chris Parry sat with 1933 president, Chris Rebentisch, to get a better look at the company, its holdings, the sector and what investors can expect over the next 12 months.

Listen in!

Full disclosure: 1933 Industries is an Equity.Guru marketing client.

Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

Chris Parry

Chris Parry is a two-time Webster Award winning journalist who has been featured in the pages of The Vancouver Sun, The Province, National Post, Spin, Hollywood Reporter, FHM, Stuff, and Stockhouse. He was the first business journalist to identify and focus on the move to marijuana as an investment opportunity, and started Equity.Guru as a venue for honest, no punches pulled coverage of the North American public markets.

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2 Comments on "Equity.Guru podcast: 1933 Industries (TGIF.C) under-valued story has a crazy market cap-to-revenue ratio"

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Umm I think you mean 1933 Industries not 1993 Industries. But you are right revenue is about to explode!

Gaalen Engen

Good eye, typo corrected. Very true, the price is ridiculous for what might be around the corner.