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1933 Industries Announces Board Resignation

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1933 Industries (CSE:TGIF, OTCQB:TGIFF), a Nevada-focused cannabis cultivator and producer, has announced the resignation of Mr. Rick Skeith from its Board of Directors, effective immediately. Mr. Skeith had been serving as a director of the company since 2015. The company expressed gratitude for his valuable contributions during his tenure and extended best wishes for his future endeavors. This change in the board composition marks a significant development for 1933 Industries, potentially impacting its governance structure and strategic direction.

1933 Industries (CSE:TGIF, OTCQB:TGIFF), un coltivatore e produttore di cannabis con sede in Nevada, ha annunciato la dimissione del sig. Rick Skeith dal suo Consiglio di Amministrazione, con effetto immediato. Il sig. Skeith aveva ricoperto il ruolo di direttore dell'azienda dal 2015. L'azienda ha espresso gratitudine per i suoi preziosi contributi durante il suo mandato e ha augurato il meglio per i suoi futuri progetti. Questo cambiamento nella composizione del consiglio rappresenta uno sviluppo significativo per 1933 Industries, che potrebbe influenzare la sua struttura di governance e la direzione strategica.

1933 Industries (CSE:TGIF, OTCQB:TGIFF), un cultivador y productor de cannabis centrado en Nevada, ha anunciado la renuncia del Sr. Rick Skeith de su Junta Directiva, con efecto inmediato. El Sr. Skeith había sido director de la empresa desde 2015. La compañía expresó su gratitud por sus valiosas contribuciones durante su mandato y le deseó lo mejor en sus futuros proyectos. Este cambio en la composición de la junta representa un desarrollo significativo para 1933 Industries, que podría impactar su estructura de gobernanza y dirección estratégica.

1933 인더스트리 (CSE:TGIF, OTCQB:TGIFF)는 네바다에 중점을 둔 대마초 재배자이자 생산업체로서 릭 스키스 사장의 이사회 사임을 즉각 발효한다고 발표했습니다. 스키스 사장은 2015년부터 회사의 이사로 재직해왔습니다. 회사는 그의 재임 기간 동안의 귀중한 기여에 감사의 뜻을 전하며 그의 향후 endeavours에 최선을 기원했습니다. 이사회 구성의 변화는 1933 인더스트리에 중요한 발전을 의미하며, 이는 거버넌스 구조와 전략적 방향에 영향을 미칠 수 있습니다.

1933 Industries (CSE:TGIF, OTCQB:TGIFF), un cultivateur et producteur de cannabis axé sur le Nevada, a annoncé la démission de M. Rick Skeith de son Conseil d'Administration, avec effet immédiat. M. Skeith était membre du conseil d'administration de l'entreprise depuis 2015. L'entreprise a exprimé sa gratitude pour ses contributions précieuses durant son mandat et lui a adressé ses meilleurs vœux pour ses projets futurs. Ce changement dans la composition du conseil représente un développement significatif pour 1933 Industries, pouvant potentiellement influencer sa structure de gouvernance et sa direction stratégique.

1933 Industries (CSE:TGIF, OTCQB:TGIFF), ein auf Nevada fokussierter Cannabiszüchter und -produzent, hat den Rücktritt von Herrn Rick Skeith aus seinem Vorstand mit sofortiger Wirkung bekannt gegeben. Herr Skeith war seit 2015 als Direktor des Unternehmens tätig. Das Unternehmen drückte seine Dankbarkeit für seine wertvollen Beiträge während seiner Amtszeit aus und wünschte ihm das Beste für seine zukünftigen Bestrebungen. Diese Veränderung in der Zusammensetzung des Vorstands stellt eine bedeutende Entwicklung für 1933 Industries dar, die möglicherweise die Governance-Struktur und strategische Ausrichtung beeinflussen könnte.

Positive
  • Long-serving board member indicates stability in past governance
Negative
  • Loss of experienced board member may impact strategic decision-making
  • Sudden resignation could signal internal conflicts or disagreements

VANCOUVER, BC / ACCESSWIRE / September 5, 2024 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCQB:TGIFF), a Nevada-focused cannabis cultivator and producer, announces that Mr. Rick Skeith has tendered his resignation from the Board of Directors effective immediately. The Company wishes to thank Mr. Skeith for his valuable contributions over his tenure as director of the Company since 2015 and wishes him success in his future endeavours.

About 1933 Industries Inc.

1933 Industries is a Nevada-based licensed producer, focused on the cultivation and extraction of a large portfolio of cannabis consumer products in a variety of formats under its flagship brands, Alternative Medicine Association (AMA) and Level X. Its product offerings are cultivated at the Company's 68,000 sq. ft. indoor facility and marketed directly to retail dispensaries. AMA branded flower, infused pre-rolls, and in-house boutique concentrates consistently rank as the top products sold in Nevada. For more information, please visit www.1933industries.com

For further information please contact:
Alexia Helgason, VP, Investor Relations
604-728-4407
alexia@1933industries.com

Paul Rosen, CEO
paul@1933industries.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. 1933 Industries undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: 1933 Industries Inc.



View the original press release on accesswire.com

FAQ

Who resigned from 1933 Industries' Board of Directors?

Mr. Rick Skeith resigned from 1933 Industries' Board of Directors, effective immediately as of September 5, 2024.

How long did Rick Skeith serve on 1933 Industries' board?

Rick Skeith served on 1933 Industries' board since 2015, a tenure of approximately 9 years.

What is the stock symbol for 1933 Industries?

1933 Industries trades under the stock symbols CSE:TGIF and OTCQB:TGIFF.

What is 1933 Industries' main business focus?

1933 Industries is a Nevada-focused cannabis cultivator and producer.

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