1933 Industries (CSE: TGIF) (OTCQX: TGIFF) has signed a management services agreement with Green Spectrum Trading, a medicinal and recreational cannabis business licensee in California, to help the company expand into California.
Under the agreement, 1933 Industries will provide operational and accounting services, general management and oversight to Green Spectrum for a two-year term. The agreement serves to establish a local presence for 1933 Industries’ Alternative Medicine Association branded products outside of Nevada and expands the footprint of its CBD wellness line.
Green Spectrum operates as a licensed cannabis cultivator, manufacturer and distributor, and holds a pending home delivery business license.
Under the terms of the agreement, 1933 Industries will provide the services