Cannabis consumer packaged goods company 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) expanded its portfolio by adding flower and pre-rolls to its product offerings.
The Chilliwack, Canada-based company — which operates within Nevada, Colorado, and California — opted for this move since dispensaries in Nevada posed a month-over-month increase of 52% in cannabis sales, following the resumption of in-store sales in May.
BDS Analytics’ data suggest that Silver State dispensaries generated $58.2 million in sales during May. That’s a decline of about 6%, year-over-year.
Moreover, flower sales in the state amounted to over $30 million in the same …