1933 Industries - neue Chance??? (Seite 715)

[wbkruflori]

Friday Night Builds Cultivation Presence, Narrows Focus -- CFN Media

Friday Night Builds Cultivation Presence, Narrows Focus -- CFN Media

SEATTLE, Jan. 31, 2018 (GLOBE NEWSWIRE) -- CFN Media Group ("CannabisFN"), the leading creative agency and media network dedicated to legal cannabis, announces publication of an article covering Friday Night Inc.’s (CSE:TGIF) (CNSX:TGIF) (TGIF.CN) (OTCQB:TGIFF) recent moves to double down on its cultivation footprint in Nevada through two possible acquisitions in its pipeline while divesting its CBD assets.

The U.S. cannabis industry is projected to reach $50 billion by 2026, according to Cowen & Co., driven by the legalization of adult-use marijuana. While California may be the most widely known opportunity, investors shouldn’t ignore states like Nevada that have a large tourism industry and may be further along the path towards commercialization. These states may also be less competitive, which creates an opportunity for investors to profit.

Expanding Cultivation

Friday Night announced that it would acquire Body & Mind Inc. in an all-stock acquisition last December. With approximately 130,000 sq. ft. of facility projects under development, the acquisition will make the combined company one of the largest cultivation and production companies in Nevada. The per-unit costs will also be among the lowest with diverse product lines designed to serve a wide range of clientele.

The company also announced a letter of intent to acquire Harvest Foundation LLC, a 10,000 sq. ft. cannabis cultivation facility located adjacent to its Alternative Medicine Association (AMA) property, for $1 million in cash, ten million shares, and warrants. The company’s AMA already manages the Harvest Foundation’s cultivation facility under a contract, but the outright acquisition will provide direct access to cannabis product and effectively double its current cultivation capacity.

Taken together, the two moves show Friday Night’s focus on expanding an already impressive cultivation footprint. AMA was the very first cannabis cultivator licensed in Las Vegas and has developed a leading brand in the city and throughout Nevada. Increased production capacity could allow the company to expand sales of its established brands. The company’s products include Vegas J’s pre-rolls and strains with the highest THC percentages in the state. It also is the official Nevada producer of products like Vader Extracts, Spectrum Concentrates, and The Real Kurupt’s Moonrocks.

Narrowing Its Focus

Friday Night plans to divest its Infused MFG business to focus on its cultivation efforts. On January 15, the company announced that it plans to spin out its Infused MFG into a separate publicly-traded company prior to the close of the BAM transaction. Management believes that Infused MFG and its Canna Hemp brand would benefit from a dedicated management team to focus on its success.

Under the terms of the spin out, Friday Night shareholders will receive one share of Infused MFG for every four shares of the company. The transaction also contemplates the exchange of the minority interest in AMA, currently owned by third-parties, for an interest in Infused MFG. Friday Night would also backstop an initial private placement to provide the new company with cash reserves to make acquisitions and expand organically.

Infused MFG will also be able to focus on the cannabidiol - or CBD - business, which is less affected by the volatility associated with cannabis-based businesses in the United States. Investors may find it much easier to assign a premium value to the business given this reduced volatility, compared to the implied valuation that it has as a part of Friday Night. In other words, there is a lot of potential value that could be unlocked.

Looking Ahead

Friday Night Inc. (CSE:TGIF) (OTCQB:TGIFF) represents a unique opportunity within the burgeoning cannabis industry. After acquiring new cultivation space in Nevada, the company is positioned to more than double its existing production capacity in the near-term. Management’s plans to spin out the Infused MFG business could also help unlock value by enabling new management to focus squarely on CBD and investors to better value each component.

Please follow the link to read the full article: http://www.cannabisfn.com/friday-night-builds-cultivation-presence-narrows-focus/" target="_blank" rel="nofollow ugc noopener">http://www.cannabisfn.com/friday-night-builds-cultivation-presence-narrows-focus/

For more information, visit the company’s website at www.fridaynightinc.com.

About CFN Media

CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and brands in the US and Canada rely on CFN Media to grow and succeed.

Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany" target="_blank" rel="nofollow ugc noopener">http://www.cannabisfn.com/featuredcompany

Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&…

Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your iPhone: http://www.cannabisfn.com

Disclaimer

CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the ‘Site’) is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

Frank Lane
206-369-7050
[e-mail]


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

[HirnInYilos]

Antwort auf Beitrag Nr.: 56.894.582 von grassfalter am 01.02.18 08:15:30

In Frankfurt konnte man sogar für 0,52 zugreifen, optisch sieht das zwar scheiße für den EK aus aber am Ende interressiert ja der Eurogewinn und nicht die Porozentzahl

Mal hoffen das es nicht wieder abverkauft wird.

[grassfalter]

Ob sich da wohl heute der eine oder andere Ärgern wird , der gestern geschmissen hat ?

[grassfalter]

Antwort auf Beitrag Nr.: 56.892.638 von HirnInYilos am 31.01.18 21:54:03

Ich denke der kommt wie geplant Mitte- Ende März

[HirnInYilos]

Antwort auf Beitrag Nr.: 56.892.257 von grassfalter am 31.01.18 21:20:55

Und wir brauchen einen Abschluss des BAMM Deals.

[grassfalter]

Antwort auf Beitrag Nr.: 56.892.188 von HirnInYilos am 31.01.18 21:13:50

Charttechnik naja,
Wir brauchen die passende nachricht vom justice akt
Dann wäre die konsi mit sicherheit beendet
😜

[HirnInYilos]

Hier hat sich jemand mit dem Chart beschäftigt. Weiß zwar nicht wie seriös die Analyse ist aber aber wenn ich mir das Chartbild und den MACD anschaue wird es hier bald sehr spannend. Wenn die kreuzen könnte die aktuelle Konso beendet sein.

https://www.profitconfidential.com/stock/friday-night-stock/…

[grassfalter]

Antwort auf Beitrag Nr.: 56.891.708 von rabenkind am 31.01.18 20:35:15

Also deine feierabendfantasien
Möchte ich auch nicht haben.
Ich habe das letzte mal vor 19 jahren genascht.
Ich vermisse da nichts.
Ich habe mir vorgenommen das ich ,wenn nicht vorher schon medizienisch indiziert , erst wieder zu naschen wenn es in Deutschland freigegeben wurde.
Den sieg der vernunft feiern sozusagen.
;-)

[rabenkind]

Antwort auf Beitrag Nr.: 56.891.354 von grassfalter am 31.01.18 20:04:42

mit nen paar Moonrocks geht das noch viel besser als mit alk.

Cola, Lieblings-Burger & Moonrocks, schön vorm 3D-TV und dann CL gucken

Das ist die Vision. Das das ganz alltäglich ist und Moorocks dazu gehören so wie jetzt die Coca-Cola
oder an was habt Ihr bei Cola gedacht.

[grassfalter]

Antwort auf Beitrag Nr.: 56.890.958 von kwhistler am 31.01.18 19:30:31

Dabräuchte ich aber viel viel alkohol um mir deine mucke reinzuziehen, das hört sich fur mich nach Körperverletzung an ohgott oh graus