1933 Industries Inc. (CNSX:TGIF) (the "Company") signed a membership interest purchase definitive agreement to acquire remaining 9% stake in Alternative Medicine Association LC for CAD 0.28 million on November 4, 2020. Upon-closing, 1933 Industries will own 100% of the Alternative Medicine Association. Subject to the terms of the agreement, in consideration of the acquisition of the remaining 9%, the Company will issue, in the aggregate, 3.7 million non-transferable share purchase warrants, exercisable at a price of CAD 0.075 per share expiring on June 13, 2024. As part of the transaction, a total of 1.65 million outstanding warrants and 2.05 million options will be cancelled, and the operating agreement for Alternative Medicine Association will be amended to concede complete managerial control of AMA to the Company. The agreement is subject to the regulatory approvals, including the approval of the Canadian Securities Exchange, as applicable. The closing date is expected to take place on or around November 6, 2020. 1933 Industries Inc. (CNSX:TGIF) completed the acquisition of the remaining 9% stake in Alternative Medicine Association LC on November 4, 2020.