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Wednesday, 06/20/2018 8:02:32 AM

Wednesday, June 20, 2018 8:02:32 AM

Post# of 2035
“The acquisition of our CBD lab enables the company to generate significant cash flow,”

On June 6, 2018 Friday Night closed a purchase agreement on a production building for there CBD lab in Las Vegas, Nevada.

The existing 12,160 square foot building is located Alternative Medicine Association’s cannabis cultivation facility, currently under construction.

The new building will be used for production, processing and extraction and was purchased for USD $2,250,000.

The new CBD Lab will also house a hemp-processing facility to be operated by Infused MFG.

With a monthly processing target of 6,000 lbs. /2721 kg. of hemp biomass, the CBD Lab is expected to produce 440 lbs. /200 kg of cannabidiol or CBD extracts, which will be utilized to produce full spectrum oils, distillates and isolates.

With a current market range of approximately USD $5,000 – $7,000 per kg, the CBD Lab will become a significant revenue generating division for the Company in wholesale hemp derived CBD extracts.

TGIF anticipates that the CBD Lab will be in production in the fall of 2018, in order to process what is expected to be Nevada’s largest fall harvest of industrial hemp crops.

The CBD Lab is expected to cut production costs of Canna Hemp products by 30%, allowing TGIF to increase the concentration of CBD without jacking prices.”

“As production of CBD in the United States increases and prices fall, having our own processing facility will better position our price points in any market conditions”, stated Chris Rebentisch, CEO of Infused MFG.

Thats right can you believe it , i cant even think of one publicly traded company that is profitable , not one . Please dont attack me if there is one just point it out to educate us .

Handcrafted cannabis investments