VANCOUVER, British Columbia,
Feb. 19, 2019 /CNW/ -- Weekend
Unlimited Inc. ("Weekend" or the "Company") (CSE: POT ) (FSE:
0OS1) (OTCMKTS: WKULF) is pleased to announce that
Northern Lights Supply in Nisku,
Alberta has received its initial shipment from AGLC allowing
it to set a grand opening date for February
23rd.
"Having received the store's initial order, we are currently
stocking the shelves and conducting our final staff training and
systems checks in order to hold our grand opening next week, on
February 23rd," said Northern Lights
Supply President, Derek Shields.
Highlights include:
- Northern Lights Supply will open with approximately
$200,000 worth of inventory
- Weekly shipments are anticipated from AGLC to replenish stock
and serve customers reliably
- 15 Northern Lights Supply staff have been hired and
trained
- Community cannabis education and training seminars for local
business organizations and the hospitality industry approved by
AGLC to proceed
"Derek and his team have done a tremendous amount of work to
reach this point and they have done so expediently. We are thrilled
for the opening next week," said Mr. Paul
Chu, Weekend Unlimited President and CEO. "The extent to
which his team has worked productively with AGLC to emphasize the
importance of cannabis education and outreach programs from
Northern Lights Supply as it enters this new market is of paramount
importance to our long-term plans as active members of the
community," added Mr. Chu.
Weekend has previously announced an arms-length agreement to
acquire 49% of Northern Lights Supply. Northern Lights Supply
houses 6500 sqft. of retail space and is located adjacent to the
Edmonton International Airport,
along Alberta's busiest corridor,
serving the cities of Leduc and
Beaumont.
About Weekend Unlimited Inc.
Weekend Unlimited is capitalizing on its vast industry
relationships to establish a lifestyle brand featuring premium
products and delivering life's highest moments. The company
aggregates and scales small to medium brands, primarily in the
categories of flower, extracts and edibles. Weekend Unlimited
brands have best of class operations, distribution and strong
revenue trajectories, making them ideal candidates for the
deployment of capital and expertise through access to technologies,
infrastructure and centralized systems. 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.
For further information, please contact:
Mr. Paul Chu
President and CEO
Telephone: +1(236)317-2812
Toll free 1(888) 556-9656
E-mail: IR@weekendunlimited.com
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SOURCE Weekend Unlimited Inc.