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Last but not least has a name somewhat fitting for the Las Vegas nightscape, Friday Night Inc (CSE: TGIF; FRA: 1QF; OTC: TGIFF). This might seem like the lazy way, but it is definitely the right way to present what impact TGIF is making in Las Vegas. Have a look at this snippet from their website. Can’t really describe that any better.
The company paid US$2.25 million for the 12,000 square foot facility noted in the snippet, will house Alternative Medicine Association’s new cultivation facility. What is also interesting about this is that just a few days ago, it announced that its new production facility will include a separate hemp processing facility operated by its subsidiary, Infused Mfg, and will be capable of producing 200 kilograms of cannabidiol or CBD extracts at an expected market price of about US$5,000-$7,000 per kilogram. Alternative Medicine Association, a 91% owned subsidiary of the Company is licensed in the State of Nevada as a (i) cultivation facility; and (ii) a production facility for edible, or marijuana-infused products. Infused Mfg (“Infused”), also a 91% -owned subsidiary of the Company, is focused on developing, acquiring and designing hemp and CBD-infused products and brands for retail sale and use in jurisdictions where permitted.