1933 Industries Inc. (TGIFF)

[Goodbuddy4863]

How Friday Night Inc. Is Growing in Nevada:

http://www.cannabisbusinesstimes.com/article/how-friday-night-inc-is-growing/

"With a new and booming adult-use market in Las Vegas, cultivators like Friday Night Inc. have been kicking production into high gear to keep up with consistently strong sales.

Along with its recently acquired subsidiary, Las Vegas’ Alternative Medicine Association (AMA), the Canadian company—which produces its own line of cannabis-based extracts—achieved such high sales records that it is evaluating real estate options in Las Vegas in hopes of creating a larger footprint for the AMA facility.

“One thing that I’ve been repeating now for about six months is that a medical program—and they had quite a healthy medical regime there in the state leading up to July 1—is very sleepy compared to recreational,” said Friday Night’s CEO Brayden Sutton in an interview with Cannabis Business Times. “I continued to warn the folks down there, the growers, the operators and the retailers, to expect at least a tenfold increase [in demand], and a lot of people thought that might be a little much. It turned out that was exactly what happened in most cases.”

Sutton said that high per capita use in Las Vegas, coupled with its abundant tourism market, has people anticipating that it will become one of, if not the largest, markets in the world.

Friday Night has been able to keep up with the increased demand, which had initially proved problematic due to a dispute between state regulators and alcohol distributors, by signing a distribution agreement with Blackbird, a logistics and delivery company for medical marijuana and one of the two available licensees to distribute adult-use marijuana."