on 1933 Industries Inc. (NASDAQ:TGIFF)
1933 Industries Releases Q2 2025 Financial Results
1933 Industries Inc., a Nevada-focused cannabis company, announced its financial results for Q2 2025, ending January 31. Revenue reached $4.4 million, an 11% increase from Q1, showcasing a recovery in Nevada's cannabis market. Despite the revenue growth, the company reported a net loss of $0.3 million, an improvement from the $0.6 million loss in Q2 2024.
The company’s subsidiary, Alternative Medicine Association (AMA), which holds a strong position in the Nevada market, contributed significantly to these results. AMA products ranked second in Nevada's cannabis flower category by volume.
Gross profit for the quarter was $1.5 million with a 35% margin, increasing from 30% in the previous year due to operational efficiencies. Expenses decreased to $1.8 million, driven by reduced wages and benefits, improving the overall financial stance compared to Fiscal 2024.
R. H.
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