1933 Industries Closes Repurchase and Cancellation of Convertible Debentures

1933 Industries Inc., based in Vancouver, has completed its agreement to repurchase and cancel a portion of its outstanding unsecured convertible debentures. The company, which focuses on cannabis cultivation in Nevada, had announced this agreement on September 2, 2025. Under the terms, 1933 Industries repurchased debentures with a principal value of $475,000 for $47,500 CAD in cash. Subsequently, these debentures were cancelled, reducing the company’s liabilities.

The repurchase aligned with the trust indenture stipulated on December 31, 2023, observing all relevant securities laws and the Canadian Securities Exchange guidelines. Through this strategic move, 1933 Industries strengthens its financial foundation while maintaining compliance with regulatory frameworks. The company's ongoing initiatives suggest a continued focus on strategic financial management and sustained growth in the competitive cannabis market.