StockPicker1234 wrote: This is a one-time message to bring your attention to the best Canadian MJ company with US exposure play around, and that is TGIF.CN or Friday Night Inc. This stock is trading at only 46.5 cents and bound for dollars in the near term based on their financials, deals they have in their sales pipeline and future outlook. Company is the best kept secret being only 5.5 months old. First financials released a couple of weeks ago revealed company made over $1 million in first 5.5 weeks and gross profit of $236,000. Already an annual revenue run rate of $10 million and these numbers did not incorporate many of the deals they have in place. First full quarter financials coming out before Christmas where CEO has already said will significantly surpass projections! For those who are inclined to add another complementary MJ play into your portfolio, you have to at least review my top reasons below as to why this stock is the best kept secret on MJ stocks and will lead the pack in the next 3 years over Canadian-only focussed MJ companies. You should print this message and compare this analysis with your other MJ stock plays and you should see a compelling reason to add TGIF.CN into your portfolio.
TGIF is a Canadian company based in BC but they are currently only focused on the Nevada MJ market with lots of potential to expand to other States and Canada shortly. TGIF owns 3 lines of business – 1) AMA (medical and recreational marijuana cultivator) 2) Infused MFG for humans and pets and 3) Celebrity wines from Bellissima Prosecco. These are the top 55 reasons why you should invest in TGIF.CN
AMA is doing phenomally well - TGIF owns 91% of AMA
· AMA has amazing brand recognition being the first and original recreational MJ company in Nevada
· AMA is already profitable and killing it
· AMA has exclusive distribution rights to sell the "Moon Rock" product and marketing alongside Kurupt, the former executive at Death Row Records, close friend of Snoop Dog
· AMA products are sold in almost all of the dispensaries in Vegas maximizing distribution
Infused MFG is doing very well - TGIF owns 91% of Infused
· Infused MFG has expanded to selling CBD to pet market across the US - (CBD industry sales $580 million now & expected to grow $150 million over each of next 4 years)
· The CBD market for humans to grow to $21b by 2020
· CEO said in November podcast Infused MGF is doing amazing, well above their monthly sales targets, this is a huge growth area
Bellissima Prosecco is exceeding targets - TGIF owns 8% with a right to increase to 15%
· TGIF owns 8% in Bellissima Prosecoo wines with exclusive right to increase to 15%, these are celebrity wines
· Struck deal for wines to sell in Publix across America and CEO said sales significantly exceeding forecast and will be huge over this holiday season
· Beauty behind this deal is TGIF only gets a commission per sale, it requires no work effort or resources on their end, just a silent investor
Impressive recent deals management has secured to increase revenues (check out all NR's on company site)
· TGIF signed exclusive Marimed deal to produce and distribute their products in Nevada
· TGIF signed exclusive Harvest Foundation deal to manage and use their 10,000 square foot facility to grow and sell Harvest's products
· Under the Harvest deal, TGIF is also allowed to use a portion of the space to produce oils for their own AMA products, actual production started in December
· TGIF signed exclusive agreement with major Nevada dispensary chain to sell minimum quantity of oils, which will generate material increase in sales revenue
TGIF cultivation expansion
· City permit approval granted, TGIF is building additional plant size of 66k square feet by summer 2018; 73% more than the 48k square feet in their projected numbers
Expansion is key as TGIF has up to January 1st, 2019 until competitors can even come into recreational use market in Nevada, this is key
· Spoke with Joe Bleackley (TGIF Investor Relations) in November, he said management is looking into expansion in California, other legalized States and Canada (before July 1 legalization)
· Bruce Campbell said on recent media appearance that management will likely move into the MJ beverage market in the near future
· LOI signed with "Suicide Girls" to setup a vape lounge in Vegas and future selling in BC - still in discussions
Exceptional management team with proven track record
· TGIF is founded by Supreme Pharmaceuticals team led by David Stadnyk - Trying to replicate same thing he did for FIRE.CN stock so proven track record - see corporate video
· Brayden Sutton, CEO has strong marijuana experience and track record, was Canada's leading MJ expert and analyst for 15 years- also first test user in Canada for medical MJ 15 years ago
· Important to know that David Stadyniak is a high profile Canadian businessman, honored by Canada and well known, former owner of Vancouver White Caps and radio personality
· David’s reputation was a big reason for my investing, you don’t want to invest into a company where the founder isn’t established and reputable, and risk the company being a scam
Excellent sign of management confidence - "Follow the Smart Money!"
· Strong management support structure with 60% of all 160 million shares held by insiders or management
· Not 1 share has been sold but many insider buys with recent purchases two weeks ago by CEO at 49 cents (see Canadianinsiders for yourself)
· $5.5 million Private Placement smart raised with lots of institutional investors and reputable investors
· Additional $1 million Private Placement raised because Bruce Campbell, Founder of Stonecastle Asset Management begged to take his personal money after missing initial PP
· Check up Bruce Campbell, popular media figure who regularly appears on BNN to recommend stocks so trusted and reputable
· Management invested $200k of the $1 million private placement ($800k from Bruce) showing continued confidence in future share price growth
· Bruce Campbell beginning to promote TGIF on media and recently highlighted company's strong cash flow and a gem because the market has not yet noticed them being so new
· Bruce Campbell will undoubtedly increase his promotion of TGIF going forward which will reap institutional investors
· Company continues to hire more staff as noted in their monthly reports which supports that they are growing rapidly
Some key financial highlights
· TGIF earned over $1 million in first 5.5 weeks of company formation and gross profit of $236k; annual run rate of $10 million per year, indicating share price should be well > $1
· Cash flows are positive
· The first financials showing annual run rate $10 million don't even include the additional 66,000 cultivation space they will have nor the new deals under items #11 - 14 mentioned above
· CEO said in November podcast that they expect to be profitable in the summer of 2018 making this valuation HUGELY UNDERVALUED compared to any other Canadian MJ company
· CEO said in August radio interview that their sales projections over the first 3 years (on their website) were conservative
· Company only formed June 16th (5.5 months) so best-kept secret, street won't fully appreciate until first full quarter results come out before Christmas which CEO said will be great
· TGIF is the ideal target for a potential future buy-out to a larger Canadian company like WEED etc., which will lead to a major premium for shareholders
Nevada is the place to be for recreational MJ. Why?
· Las Vegas has 45 - 50 million tourists a year, more than all of Canada and will only increase
· Most buyers of recreational MJ are tourists in Vegas wanting to party and willing to splurge and spend more unlike Canada's residential market so can't even compare margins
· Vegas' July sales of $27 million, August of $33 million, September of $28 million! CEO said in podcast they can't make enough to sell and that’s why they are adding more space
· Vegas' first month of sales more than doubled Colorado's first month and killed the other legalized states, just showing you can't beat sin city for MJ
Other trends in the US that make this investment the most ideal time to buy now
· 91% of Americans vote in favour of MJ legalization or that MJ should not lead to arrests, highest public support in history, very powerful and will force Politicians to support
· First time ever we have bi-partisan support for MJ legalization amongst both Democrats and Republicans, which will lead to future re-categorization from Schedule 1 drug
· Per Forbes, global MJ market to grow to $31.4 million with US having 90% of the sales
· 5 other US States already in line (and many others to come) and near to approving sales of recreational marijuana so the demand is increasing and can't be stopped
· First US ETF to launch in late December providing a huge opportunity to get institutional monies, TGIF should get some of that money
· Increasing number of MJ lobby groups including Veterans pushing for MJ to be legalized which will happen for sure, just a matter of time
· This is a movement and generational opportunity to invest in a rapid new market opportunity at the onset, like buying into Apple, Amazon or Bitcoin from the beginning
· Sessions concerns are overblown, see my many previous posts to understand more, he can't stop legalization or reverse it, he can only try to better monitor to increase likelihood of catching and shutting more hard criminals/terrorists posing under MJ shops which is good; he won’t be able to impact responsibly run companies like TGIF (see my previous post on what happened to LDS recently as a good indication)
· Using a PE of 30 which is quite standard, sales price estimates for year 1 - $0.80, year 2 - $2.09 and year 3 - $4.21
· The upcoming spend if passed by the GOP, will reduce State taxes which will lead to more States legalizing MJ to absorb the revenue loss without increasing vote taxes
Please ensure you see TGIFs corporate video and 2 important interviews with CEO Brayden Sutton recently:
https://m.youtube.com/watch?v=muyf_Mrkdd0 https://www.blogtalkradio.com/stockradioonweed/2017/08/08/friday-night-inc-tgif-ceo-brayden-sutton-pot-networks-potn-bruce-barren
https://www.stockpools.com/commentary/friday-night-incs-ceo-brayden-sutton-is-featured-in-a-stockhouse-podcast