Weekend Unlimited (CSE:YOLO), 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.
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