Friday Night Inc. (CNSX:TGIF) entered into a letter of intent to acquire The Harvest Foundation LLC for $8.9 million on January 16, 2018. Under the terms, Friday Night will pay $1 million, issue 10 million common shares 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. The transaction is subject to closing conditions customary to a transaction of this type, including due diligence and regulatory approval.