November 27, 2018 MJ Shareholders
November 27th, 2018
News, Top News
VANCOUVER, BC / ACCESSWIRE / November 27, 2018 / Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE: YOLO) (FSE: 0OS1), through its wholly owned subsidiary Northern Lights Organics, is pleased to announce that it has received delivery of its first shipment of two new 3,200 square foot greenhouses. Subsequent shipments are scheduled for mid-December.
“The new greenhouses will be used to expand the production capacity of the organic farm; and, for year-round growing of hemp for high CBD seeds and seedlings,” said Mr. Cody Corrubia,” President and CEO of Weekend Unlimited. “The hemp seeds and seedlings will be moved from the greenhouses to the outdoor fields. It is anticipated that construction of the new greenhouses will be completed during January 2019 and will take approximately 8 weeks,” added Mr. Corrubia.
“The hemp greenhouses will have premium cannabis style lighting and rolling benches, dehumidification, venting, pest screening, irrigation, and automation,” noted Mr. Art Halleran, Founder and President of Northern Lights Organics. “Year round growing will be possible using the greenhouse, even during the winter season. Starting out door crops using indoor grown starter plants is anticipated to have a significant positive effect on ultimate yields. It is anticipated to further allow us to create our own genetics over the long term,” noted Mr. Halleran.
The high CBD hemp anticipated to be grown during 2019 will be utilizing a third-party breeder’s and or research licence.
Northern Lights Organics Highlights:
- The Northern Lights Organics farm spans over 600 acres of organic farm land
- Northern Lights strives to become one of Canada’s first mixed CBD hemp & cannabis farms, with final products certified organic
- Organic products generally command a 24% premium over non-organic
- Northern Lights has submitted an application under the ACMPR (now the Cannabis Act) for an indoor hybrid cannabis facility on the farm
For further information, please contact:
Cody Corrubia, President & CEO
Telephone: 1 (236) 317-2812
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.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers