2019-01-02 18:26 ET - News Release

An anonymous director reports

1933 INDUSTRIES ISSUES INTEREST PAYMENT TO DEBENTURE HOLDERS

1933 Industries Inc. has issued cash and shares in payment of interest to debentureholders.

The company issued a total of 238,600 common shares to holders of its debentures issued on Aug. 16, 2017. These shares were issued in payment of accrued interest to all holders of record on Dec. 31, 2018. Interest is paid in cash to any debentureholders converting between interest payment dates. The company made cash payments totalling $425,378 to holders of its debentures issued on Sept. 14, 2018.

About 1933 Industries Inc.

1933 Industries is a vertically integrated cannabis company with operations in the United States and Canada. Operating through three subsidiary companies, 1933 Industries owns licensed medical and adult-use cannabis cultivation and production assets, proprietary hemp-based, CBD-(cannabidiol)-infused products, CBD extraction services, and a specialized cannabis advisory firm supporting clients in security, intelligence and due diligence. The company owns 91 per cent of both Alternative Medicine Association and Infused MFG and 100 per cent of Spire Global Strategy.