Mon, 16 Sep 2019

Test Plot Results Indicate Scalable Model to Supply 2,000,000 Seeds

VANCOUVER, BC / ACCESSWIRE / June 12, 2019 / Weekend Unlimited Inc. ('Weekend' or the 'Company') (CSE: POT - FSE: 0OS1 - OTCQB: WKULF) is pleased to announce the Company's Northern Lights Organics 70% owned farm in Northern BC has successfully completed its test plot for high CBD hemp seeds resulting in over 50,000 high quality, hand sorted seeds in its nursery greenhouse.

'As we advance the Northern Lights Organics Farm's business plan, a critical element is to establish a reliable, high quality supply of high CBD hemp seeds to plant up to 600 acres at full capacity,' said Mr. Chris Backus, Weekend Unlimited President and CEO.

Northern Lights Organics High CBD Hemp Test Plot Highlights:

  • Nursery greenhouse harvest between January and May 2019 yielded 50,000 high quality hand sorted seeds
  • With 40 times capacity, the farm's larger greenhouse should be able to harvest approximately 2,000,000 seeds, given normal growing conditions and success - enough to plant over 600 acres
  • Northern Lights Organics now has the ability to supply its own high CBD hemp seeds.

'Translating the results of this test plot in the nursery greenhouse to the larger greenhouse, which has 40 times the capacity, equates to approximately 2,000,000 seeds which is enough to plant over 600 acres - this is significant in that Northern Lights Organics now has the ability to supply its own high CBD hemp seeds,' said Mr. Arthur Halleran, President, Northern Lights Organics Farm.'

For further information, please contact:

Mr. Chris Backus, Interim President & CEO, Director
Telephone: 1(236) 317-2812 - Toll free 1(888) 556-9656
E-mail: IR@weekendunlimited.com

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 a presence in both the U.S. and Canada - 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:
https://www.accesswire.com/548485/Weekend-Unlimiteds-Northern-Lights-Organics-Farm-Establishes-Sustainable-Supply-of-High-CBD-Hemp-Seeds

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