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Weekend Unlimited’s President and CEO, Paul Chu, has issued an important update to shareholders

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The company is actively implementing its strategy as a multi-national operator, developing a brand portfolio to satisfy every segment of the recreational cannabis market in legal jurisdictions.

Additional Information:

Company: Weekend Unlimited
Website: http://www.weekendunlimited.com
Stock Symbol: CSE: POT
Date Published: Mar 5, 2019
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Weekend Unlimited’s President and CEO, Paul Chu, has issued an important update to shareholders.

The company is actively implementing its strategy as a multi-national operator, developing a brand portfolio to satisfy every segment of the recreational cannabis market in legal jurisdictions.

As we build momentum, we wanted to share some of the highlights over the last month.

Building on the POT Lottery win, the company signed a long-term distribution deal for Canna Candys, focused on growing a retail presence in the US Northeast, Midwest and Southeast regions.

The strategy will begin with Canna Candy's mixed fruit gummies, which each contain 5 mg of 99.6% hemp oil extract

Additional products in Weekend's candy and beverage brands are anticipated to be added to the distribution deal in the near term.

In Jamaica, closing the deal with R & D Pharma allows the Company to accelerate growth in that country's medical tourism market.

Weekend will also develop consumer brands for Jamaican and international export markets, leveraging favorable cultivation economics and the stature and reputation of Jamaica's cannabis history.

The overall assets include 145-acres of cultivation property, with significant yield over a 4 times per year crop rotation.

Upon receiving one of ten new Alberta retail licenses, as announced on February 5th, the retail operation received two inventory shipments and celebrated its grand opening on February 23rd, driving significant traffic, awareness and sales.

The Northern Lights Supply store will serve as a launchpad for new products, customer data gathering, educational programming to the hospitality industry, and a platform for partnerships.

Oklahoma presents a geographically advantageous growth platform for Weekend.

The acquisition we announced includes a 7-acre property with 20,000 square feet of indoor facilities housing nursery/cultivation and extract production.

The plans also include a 1500 square foot retail-designated space for a concept store to be developed as Weekend's first location in Oklahoma.

Additional space will be designed to produce and package Weekend's Canna Candys brands to distribute in Oklahoma.

Licenses have been secured for cultivation, processing, transportation, and an application is in place for a retail license.

Our initial product focus for the Oklahoma medical market will be centred upon vape cartridges, dab rigs and candy products. The brand strategy will be scalable and expand to beverages, topicals and supplements.

Along with our listing on the OTC QB, which will make the company more accessible to USA investors, putting a strong leadership team in place has been a top priority.

Over the last 30 days we have added Clint Pyatt, Director of Revenue Generation, Ese Roberts, Director of Operations, Karl Schmieder, MS/MFA, Director of Business Development, and Tom Wisniewski, VP Sales Operations.

This leadership team's experience and understanding of our vision is being put into action immediately to establish and scale best-in-class operations and distribution, creating strong revenue trajectories as the company launches its own consumer packaged brands, with hemp oil extract products being a primary focus throughout the USA.

Weekend Unlimited, which began trading on the CSE on October 15th, is currently trading at $0.135.

For more information, please visit the company’s website at www.weekendunlimited.com or contact Paul Chu, President and CEO, at 1-888-556-9656 or email ir@weekendunlimited.com

I’m Megan Edwards for Investmentpitch Media