Organic Hemp Farm Provides Detailed Update on Certified Organic CBD Results as Canadian Market Prepares to Expand
VANCOUVER, BC / ACCESSWIRE / May 9, 2019 / Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE: POT – FSE: 0OS1 – OTCQB: WKULF) is pleased to provide an update on the advancement toward full scale production on its 600-acre Northern Lights Organics hemp farm in Northern BC.
“Northern Lights Organics, Canada’s northernmost organic high CBD hemp grower, has advanced substantially as it builds out operations to meet demand from the upcoming product expansion in the Canadian cannabis industry, with the focus on Certified Organic CBD,” said Mr. Art Halleran, President of Northern Lights Organics.
Nursery Greenhouse Highlights:
- 3500 plants, consisting of three high CBD hemp varieties, were planted in compliance with the Canadian Organic Regime regulations on 10 January 2019
- These varieties were obtained from a third-party hemp breeding company and have CBD content of 5.0% to 5.86% dry weight and THC content substantially
- In the future Northern Lights Organic will be producing its own supply of high CBD hemp seeds in order to ensure supply and scalability
“We were very pleased with the results as the hemp grew well even under colder than normal winter conditions. We are in the final seed maturing stage and harvesting will occur within the next few weeks,” said Mr. Halleran. “Based on results we have applied what we have learned to maximize seed production in our larger greenhouses. We will dedicate a portion of the harvested seeds to plant an outdoor test plot in May 2019 – all aspects of that test will be analyzed, from production through to economic standpoints.”
For further information, please contact:
Mr. Chris Backus, Interim President & CEO, Director
Telephone: 1(236) 317-2812 – Toll free 1(888) 556-9656
About Weekend Unlimited Inc.
Weekend Unlimited is a lifestyle-based recreational cannabis company. The company is developing premium products designed to deliver life’s highs, anytime, anywhere. With U.S. operations based in, or being negotiated in Arizona, California, Oklahoma, and Washington, international presence in Canada and Jamaica, and a unique entertainment and education division (Weekend Live!), Weekend Unlimited is well-positioned to launch and scale the brands that will define recreational cannabis. Learn more at www.weekendunlimited.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
SOURCE: Weekend Unlimited Inc.
View source version on accesswire.com: