Sutton has led the cannabis cultivator since October
The president and CEO of Inc () (OTCMKTS:TGIFF) has another hat to wear, the company announced Friday.
Brayden Sutton, who has led the cannabis cultivator since October, was named chairman of the board.
Sutton will receive 200,000 bonus shares at C$0.50 per share instead of a cash bonus, the company said.
READ: 1933 Industries increases capacity at Las Vegas hemp extraction facility
Meanwhile, the Vancouver company is looking for European investors. 1933 announced a consulting deal with Westmount Capital, which will provide investor relations services in Europe.
The firm will receive 100,000 stock options exercisable at C$0.55 per share in exchange for introducing the company to institutional investors, fund managers and family offices, among other promotion.
Shares of 1933 held at C$0.45 on the CSE and slipped 3.6% to US$0.33 on OTC markets.
Contact Andrew Kessel at [email protected]
Follow him on @andrew_kessel
CSE:TGIF
Market: CSE
Market Cap: $52.81 m
Follow
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 HEREMost read
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
Prev article
2 min read
