Mr. Brayden Sutton reports

FRIDAY NIGHT INC. ANNOUNCES $1 MILLION NON-BROKERED PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURE UNITS

Friday Night Inc. is conducting a non-brokered private placement of $1-million aggregate principal amount of convertible debenture units at a price of $1,000 per convertible debenture unit. Each convertible debenture unit will consist of $1,000 principal amount of 10 per cent unsecured convertible debentures and 4,000 common share purchase warrants of the company. Each warrant will be exercisable to acquire one common share of the company at an exercise price of 25 cents per warrant share for a period of two years following the closing date (as hereinafter defined) of the offering, subject to the company's right to accelerate expiry in certain circumstances.

The convertible debentures will bear interest from the date of closing at 10.0 per cent per annum, semi-annually on June 30 and Dec. 31 of each year, and will expire on Aug. 16, 2019. The debentures are convertible into common shares at the option of the holder at any time prior to the close of business on the earlier of: (i) the last business day immediately preceding the maturity date; and (ii) the date fixed for redemption, at a conversion price of 25 cents per common share, subject to adjustment in certain events. Additionally, beginning on Dec. 17, 2017, the company may force the conversion of all of the principal amount of the then outstanding convertible debentures at the conversion price on 30-day prior written notice should the daily volume-weighted average trading price of the common shares be greater than 45 cents for any 10 consecutive trading days. The convertible debentures will be subject to redemption, in whole or in part, by the company at any time after Aug. 16, 2018, upon giving holders not less than 30 and not more than 60-day prior written notice, at a price equal to the then outstanding principal amount of the convertible debentures plus all accrued and unpaid interest up to and including the redemption date.

The company intends to use the net proceeds of the offering for expanding its growing operations in Las Vegas, Nev., and for general corporate purposes. Closing of the offering is expected to occur on or about Oct. 5, 2017. The offering is subject to certain conditions including approval of the Canadian Securities Exchange.

Brayden Sutton, chief executive officer of the company, commented, "Adding an additional $1-million to our cash position, while bringing on a very strategic investor, gives us that much more confidence in our trajectory as we aggressively pursue our ambitions in Las Vegas, Nev."

Bruce Campbell, portfolio manager, StoneCastle Investment Management Inc., stated: "We are excited to be investing in Friday Night Inc. The teams in Las Vegas and Vancouver have strong experience in the medical market and are now capitalizing in the fast-growing adult-use market with strong relationships in all verticals. We are impressed with their initiatives and partnerships in place already and are confident they will continue to innovate and expand their partnerships in the future."

About Friday Night Inc. and its subsidiary Alternative Medicine Association LC

Friday Night is a Canadian public company, which owns and controls cannabis and hemp based assets in Las Vegas, Nev. The company owns 91 per cent of Alternative Medicine Association LC (AMA), a licensed medical and adult-use cannabis cultivation and production facility that produces its own line of unique cannabis-based products and manufactures other third party brands. Infused MFG, also a 91-per-cent-owned subsidiary, produces hemp based, CBD products, thoughtfully crafted of high-quality organic botanical ingredients.

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