Weekend Unlimited’s Washington Alliance Launches in Washington State

Cannabis Investing News
CSE:YOLO

Weekend Unlimited Inc. (CSE:YOLO, FSE: 0OS1) (“Weekend” or the “Company”) through one of its subsidiaries, Weekend Unlimited Washington LLC, is providing an update on the progress of its Orchard Heights, Boggy Boon alliance as announced in their LOI on January 22nd.

Weekend Unlimited Inc. (CSE:YOLO, FSE: 0OS1) (“Weekend” or the “Company”) through one of its subsidiaries, Weekend Unlimited Washington LLC, is providing an update on the progress of its Orchard Heights, Boggy Boon alliance as announced in their LOI on January 22nd.

Within the first week of signing an LOI to form an alliance with the Weekend Unlimited family, Boggy Boon (Seven Hills LLC), and Orchard Heights have secured orders for delivery beginning this week. The increased capacity has allowed for accelerated processing and packaging to satisfy the demands of B2B white label accounts, which will be a key Boggy Boon target market going forward.

“With the alliance with Boggy Boon, the Weekend Unlimited Washington will have entered into strategic partnerships with two independent indoor/outdoor cultivation facilities with synergistic production and logistics capacity in Washington State. Its strategic operating tenants, Orchard Bloom and Boggy Boon, the latter of which is in the top 5% of all producers’ processors in the State (based on i502 data), will seize upon the immediate capacity and resources as a result of the deal to expand product lines and distribution,” explained Weekend Unlimited Inc. President and CEO, Paul Chu.

Working with the Weekend Unlimited alliance, Boggy Boon anticipates doubling its production and increasing revenue beyond 2018’s $1,972,562.** In the first month of 2019, Boggy Boon is on pace to achieve its largest retail sales month on record as it converts the remaining square footage of its current facility into perpetual harvest. Combining infrastructure and capabilities between Orchard Heights and Boggy Boon is adding immediate capacity for Boggy Boon which has outgrown its initial facility as demand for its top selling brands has outstripped its ability to scale.

Roy Arms, CEO of Boggy Boon added, “I’m excited to collaborate with Orchard Heights as our goals of rapid product, brand, and market expansion are aligned. Additionally, their strong leadership under Paul Chu, and global vision will allow us to continue to pave the way for commercial cannabis legalization world-wide. We are always looking for efficiencies and standardizing our workflows, and with this collaboration we can solidify a road map that can be replicated in new and existing markets.” elaborated Arms.

Boggy Boon will be working with Orchard Heights’s brand processor facility to fill upcoming orders, as they currently have outgrown their commercial space.

By collaborating with Orchard Heights, Boggy Boon has access to more national exposure than ever, and demand for the brand is reaching its’ new peak in Washington State. Renovations on the Orchard Heights facility are underway and it is anticipated to be fully online by the end of Q1 2019.

Upon completion Orchard Heights Wenatchee facility will be a nursery, processing and distribution center, with a concentrate lab for manufacturing infused and vape products.

https://502data.com/
** (Margin of 25% est.)

For further information, please contact:

Mr. Paul Chu, President and CEO
Telephone: 1 (236) 317-2812 – Toll free 1(888) 556-YOLO (9656)
E-mail: IR@weekendunlimited.com

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.

Click here to connect with Weekend Unlimited (CSE:YOLO) for an Investor Presentation.

Source: www.accesswire.com

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