1933 Industries Inc. (TGIFF)

[3-Stooges-Nyuk-Nyuk-Nyuk]

January 16th, 2018

Friday Night Inc. Announces LOI To Acquire Harvest Foundation

Friday Night Inc. is pleased to announce that it has entered into a letter of intent to acquire 100% of Harvest Foundation LLC, a cannabis cultivation facility located adjacent to Friday Night’s Alternative Medicine Association (“AMA”).
This transaction is subject to closing conditions customary to a transaction of this type, including due diligence and regulatory approval.

Harvest Foundation is a Nevada cultivation licensee for medical and recreational cannabis. Their facility is approximately 10,000 sq. ft. and is conveniently located adjacent to the current AMA facility in Las Vegas, Nevada. AMA currently manages the Harvest Foundation cultivation facility under contract.

The Company has agreed to a purchase price for $1 million USD plus 10 million common shares in Friday Night and 1/5 of a stock purchase warrant, with each whole warrant priced at 120% of the market price at closing. The shares will be escrowed over 36 months.

Brayden Sutton, President and CEO commented,

“Integrating the Harvest Foundation license and facility into our business is a huge milestone and this new license effectively doubles our current cultivation capacity.”