Weekend Unlimited Inc. Announces Significant Step Toward Organic Certification for Northern Lights Organics Farm
October 25, 2018 MJ Shareholders
October 25th, 2018
News, Top News
Northern Lights Organics 600 Plus Acre Farm Qualifies as “3rd Year Transitional Stage” to Organic Certification – Aims to Become Largest Organic Farm Focused on Hemp, CBD Production In Canada
VANCOUVER, BC / ACCESSWIRE / October 25th, 2018 / Weekend Unlimited Inc. (“Weekend” or the “Company”) (CSE: YOLO) (FSE: 0OS1) is pleased to announce the results of the Pacific Agricultural Certification Society (PACS) inspection of Northern Lights Organics Farm in Fort St. James, British Columbia.
“Northern Lights Organics Ltd, formerly Northern Lights Organic Foods Ltd., has recently received its inspection, dated October 2nd, by the Pacific Agricultural Certification Society relating to Northern Lights Organics farm. Northern Lights intends to grow organic hemp on the farm for the 2019 season,” said Mr. Cody Corrubia, Weekend Unlimited Inc. President and CEO. Highlights include:
- Northern Lights Organic Farm qualified as “3rd year transitional stage to Organic Certification”
- Northern Lights Organic’s prior history of obtaining organic certifications results in two-year credit – accelerating timeline for the first organic hemp crop expected in 2019
- Following 2019 spring farm inspection, Northern Lights Organic anticipates certification under the Canadian Federal Organic Regime, meaning crops harvested on the Northern Lights farm will be certified organic and can be marketed as certified organic throughout Canada
- With approximately 600 acres of certified organic lands, Northern Lights Organics intends to be one of largest organic hemp, CBD producers in Canada
“The Pacific Agricultural Certification Society has certified that NLO has complied with all requirements and conditions for their Organic Certification Program and is entitled to label its hemp crop Production as “transitional,” added Mr. Corrubia. “This is significant because once Northern Lights Organic completes the transition time required, and undergoes a successful verification, which is expected during the spring and summer of 2019, an organic certificate will be issued during the grow season,” noted Mr. Corrubia.
Northern Lights Organics has now successfully harvested a hemp crop grown under a research license and submitted for lab testing and analysis, which represents the first foyer into hemp cultivation. The results to date have shown that traditional organic farming techniques have a strong application to hemp farming on the Northern Lights farm. The crop has provided valuable data for the anticipated commercial crop of organic hemp anticipated to be produced during 2019. The company anticipates that the hemp cultivation license will be renewed and in place by spring 2019.
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.
SOURCE: Weekend Unlimited Inc.
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.
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