1933 Industries

Friday Night shares up as subsidiary Spire to provide its expertise to Canadian provincial government

Friday Night Inc shares shot up over 11% on the news...

The new subsidiary is to provide strategic advice and expertise to a Canadian provincial government

Cannabis- focused Friday Night Inc (CSE:TGIF, OTCQB:TGIFF) saw shares shoot up 11% Thursday on the back of an announcement about its new acquisition Spire Secure Logistics and Canada.

In late February, the group said it had acquired Spire, which specializes in security and has expertise in the cannabis industry. It closed the deal in March.

Spire is led by experts with international backgrounds in covert and undercover operations to infiltrate and disrupt organized crime, including cartels and other violent gangs.

The new subsidiary is to provide strategic advice and expertise to a Canadian provincial government on security programs and infrastructure for the legal distribution and sale of cannabis, Friday Night said.

"We are pleased to be developing secure and compliant strategies and programs as Canadian provinces and cities begin to implement legal cannabis distribution and sales," said Friday Night director and Spire CEO Andrew Richards.

Friday Night also announced today the appointment of  Kevin Mead as chief administration officer and director of International programs at Spire.

Mead is a 23-year career veteran of the Canadian Army and has served in numerous command, training and senior staff positions at tactical, operational and strategic levels.

Friday Night is a rapidly growing firm in the legal cannabis space.

It owns the first licensed cultivation facility in the Las Vegas area, Alternative Medicine Association (AMA), as well as the developer of hemp and cannabidiol (CBD) infused product maker called Infused Mfg.

Shares in Toronto added 11.34% to stand at C$0.54.

Quick facts: 1933 Industries

Price: $0.36

Market: CSE
Market Cap: $99.99 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of 1933 Industries named herein, including the promotion by the Company of 1933 Industries in any Content on the Site, the Company receives from...



Full interview: 1933 Industries expecting big bump to revenue in 4th quarter...

1933 Industries (CSE:TGIF-OTCQX: TGIFF) CEO Chris Rebentisch joined Steve Darling from Proactive Vancouver on Skype to share details about the company’s Q-4 numbers. The Company expects revenue of $5.2M.  Rebentisch talked about what led that revenue growth and how the recent move to...

5 days, 6 hours ago

2 min read