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COMPANY BUSINESSFriday Night Inc. is a Canadian public company, which owns 91% of cannabis and hemp-based assets in Las Vegas, Nevada as well as a wholly-owned international cannabis and mining security logistics consulting firm. Friday Night Inc. serves as the umbrella company over horticultural arm Alternative Medicine Association (AMA) and hemp and CBD producer Infused MFG.AMA is a licensed medical and adult-use cannabis cultivator and producer with its own line of unique cannabis-based products and third-party brands.
Infused MFG produces hemp-based, CBD products, thoughtfully crafted of high quality organic botanical ingredients. Spire Secure Logistics is a leading provider of customized security programs, compliance, information technology, buildout design, and due diligence services for the legal cannabis, mining and investment sectors. Friday Night Inc. is focused on strengthening and expanding its current operations and is positioning itself to thrive in the rapidly evolving new cannabis industry in the US and internationally.
Friday Night Inc., 105, 45655 Tamihi Way, Chilliwack, B.C., Canada V2R 2M3 [email protected]
TICKER: CSE: TGIF OTCQB: TGIFF FWB: 1QF
AT A GLANCE Early-entry player and first
mover in Las Vegas focused on servicing both the medical and recreational cannabis markets.
Aggressive growth strategy to expand and acquire portfolio of cannabis products through organic expansion and acquisitions both within and outside Nevada.
Strategically located in favourable jurisdictions with supportive regulatory frameworks in place.
Producer of our own line of cannabis-based products and broad array of popular third party brands that improve presence and shelf space in dispensaries.
MARKET OPPORTUNITY
Las Vegas, Nevada
• The cannabis market in Nevada is robust and has grown dramatically since recreational use was approved on July 1, 2017.
• Sales are averaging $1 million a day, driven by the more than 40 million tourists who visit Las Vegas every year.
• Nevada retailers have sold more than $195 million worth of cannabis in the first six months of legalization.
• Nevada is on pace to exceed $400 million sales. (Source: Patch Las Vegas).
• The cannabidiol (CBD) market is estimated to grow by 700% by 2020. (Forbes).
• CBD market will grow to $21 billion by 2020. (Hemp Business Journal).
California’s Hemp Industry
• The hemp-based CBD market is projected to become a billion-dollar market in just three years. (Brightfield Group).
• After crossing the $170 million mark in 2016, analyst projections estimate 55% compound annual growth rate over the next few years.
Legalization Across Canada
• Assuming adult use of recreational cannabis is legalized in Canada in mid-2018, cannabis sales are expected to reach $4.6B by 2019 and $7.4B by 2024. (Source: PI Financial)
• Spire Secure Logistics is poised to become a leading security company proving a comprehensive and integrated approach to security in order to best serve the rising number of Licensed Producers, LP Applicants, and Ancillary Businesses.
$1 MILLION (sales per day)
$195 MILLION (1st 6 months)
$400 MILLION (sales: on pace
to exceed)
$21 BILLION (CBD market
by 2020)
$1.1 MILLIONCombined
Sales in 2016
$2.4 MILLION
Q1 Revenue
$2.9 MILLION
Q2 Revenue
KEY INVESTMENT HIGHLIGHTS
Skilled Management Team
6 50 years’ experience as growers and extractors.
6 First licensed cultivator approved in Southern Nevada, Las Vegas.
6 Highly experienced and nationally regarded management team.
6 Longest growing history of any Medical Marijuana Establishment (MME) in Nevada.
AMA Cultivation and Production Facility
6 Licensed in the State of Nevada and local jurisdictions as a cultivation and production facility for edible, and cannabis-infused products.
6 AMA among limited number of MME licensees that can apply for recreational licenses.
6 Current 12,000 sq. ft. facility designed for cannabis cultivation and production.
6 Land purchased to expand the AMA facilities with proposed 67,000 sq. ft. state of the art cultivation facility.
6 Custom-designed extraction equipment. 6 Technology improvements for maximum
recovery percentages and only MME in the State approved to use this equipment.
Infused MFG
6 5,000 sq. ft. separate CBD Infused product company that provides medicinal and topical product mix with significant sales.
• High demand strains with high THC percentages (several over 30%).
• Buds are exceptional, potent, and consistent in quality.
• Established branding – “Vegas J’s” – Famous pre-rolls brand – the #LasVegasOriginal.
• Exclusive license agreements with “Krypted”, a vaping brand from California.
• Exclusive rights to grow, process and distribute “The Real Kurupt’s MoonRock” in Nevada, AMA’s fastest selling 3rd party brand in the state.
• Exclusive licensing agreement with MariMed Advisors, to produce and distribute MariMed products using their proprietary processes and distribute these products to all dispensaries in Nevada.
• Exclusive agreements with popular brands outside of Nevada such as Vader Extracts, Kalmfusion, as well as White label extraction to multiple cultivation companies in the State.
• Products available in most dispensaries throughout the Nevada.
$2.9 MILLION
Q2 Revenue
HEMP-CBD• Infused MFG is focused on developing,
acquiring and designing hemp and CBD-infused products and brands for retail sale and use in jurisdictions where permitted.
• Canna Hemp branded products provide medicinal and topical product mix.
• Recent launch of Canna Hemp Paws with new products for the pet CBD market.
• Products successfully introduced in California dispensaries and retail outlets with strong sales growth in both existing and new markets.
• Recent entry into the action sports market with the launch of CBD-infused Recovery Cream for the treatment and prevention of sports related injuries and chronic pain.
HIGHEST QUALITY PRODUCTS AND STRAINS
STRATEGIC ACQUISITION• Spire Secure Logistics is a Canadian-based
consulting company specializing in security, intelligence, and compliance with international clients and expertise in both the regulated cannabis industry and other sectors.
• Business with significant cash flow potential and pipeline of contracts.
• Well-positioned in a market niche with unique offerings designed to satisfy growing demand in the legal cannabis sector.
EXPERIENCED MANAGEMENT TEAM AND BOARD OF DIRECTORS
Brayden Sutton President & CEO, Director
Joe Bleackley Executive Vice President
Cameron Watt VP Business Development, Director
Richard Skeith Senior Partner, Norton Rose Fulbright Canada LLP, Director
Mark Zobrist Managing Partner, FN Pharmaceuticals
John Goss President, FN Pharmaceuticals
Andy Richards CEO, Spire Secure Logistics, Director
CONTACT INFO:
Friday Night Inc., 105, 45655 Tamihi Way, Chilliwack, B.C., Canada V2R 2M3
[email protected] #lasvegasoriginal
TICKER: CSE: TGIF OTCQB: TGIFF FWB: 1QF
Compliance
Assist prospective LP’s navigate the application process and ensure
Health Canada compliance.
Security Program Design
Develop security platforms for existing LP’s including innovative IT improvements for financial savings.
Transportation Security
Assist in helping secure transport for cannabis and assessing future LP transportation security systems.
Insurance & Risk Management
Assessing risk exposure and developing special risk insurance
products for cannabis sector.