Weekend Unlimited Concept Store To Open In California

Retail Store Will Include Weekend Live Lounge & Event Space

NEW YORK: Weekend Unlimited Inc. announces that it has secured a retail location in Long Beach, California to launch the company’s first US concept store.

“It is essential to our growth plan that we establish multiple touch points for our offerings and one of those is at the retail level, where we can inform and learn from customers as they interact with our brands,” said Mr. Paul Chu, Weekend Unlimited President and CEO.

Highlights include:

  • 5000 ftspace will feature 2500 ftretail and 2500 ft2 of Weekend LIVE, lounge space
  • Retail focus on CBD and wellness products, featuring Weekend brands among others
  • Focus on the customer experience and customer feedback on products and brands
  • Community outreach and education seminars to take place in Weekend LIVE space
  • Weekend concept store to open 4/20, Weekend LIVE space to follow

“This space has been designed to provide customers with multiple product lines, featuring Weekend brands, and elevating the experience by having an upstairs Weekend LIVE space that will hold events, education seminars and serve as a lounge with a hemp smoothie bar, coffee and CBD edibles,” added Mr. Chu.

Weekend Unlimited Announces Retail License For Northern Lights Supply In Alberta

 One of Only Ten New Licenses Granted, First Northern Lights Supply Retail Store to Be Open In February

CANADA: Weekend Unlimited has announce that Northern Lights Supply, for which Weekend Unlimited has previously announced an arms-length agreement to acquire 49% of, was one of ten to get a new cannabis retail store operating license in Alberta.

Northern Lights SupplyKey Points:

  • Northern Lights Supply is the first retail cannabis store servicing the Edmonton International Airport, Canada’s largest oilfield industrial park and the cities of Leduc and Beaumont
  • Northern Lights Supply is situated adjacent Highway 2, Alberta’s busiest corridor and is the first cannabis retail store to receive approval to advertise their brand along the main entrance to Edmonton with published traffic counts of 100,000 + vehicles a day
  • The store provides 6,500 square feet of retail space, making it one of the largest approved retail Cannabis stores in Alberta
  • Northern Lights Supply was designed to take advantage of the upcoming edible and infused cannabis products schedule to be legal in the fall of 2019
  • Opening planned for mid-February

“After 16 months of planning and preparation we are excited but prepared to begin operating and serving this community,” stated Northern Lights Supply President Derek Shields. “We are thrilled to one of a lucky ten to get a license to operate at this time. We have a strong business plan with extensive outreach partnerships in the works aimed at delivering educational seminars for the hospitality industry and business organizations,” added Mr. Shields.

“We are passionate about this new store and aim to be at the forefront of education within Alberta, using the store to educate businesses and the community overall about the cannabis industry. Our store model has been designed to be replicated in Alberta as additional opportunities to expand arise and the partnerships we build in the community are essential to do so in a sustainable way,” explained Mr. Shields.

 

DJ Snoop Dogg & Weekend Unlimited Celebrate Legal Weed In NYC

CALIFORNIA: Weekend Unlimited LIVE hosted a star-studded party on January 9th in New York City.  The event took place at NYC’s Pomona’s Savage Lounge featuring a DJ set by Snoop Dogg.

DJ Snoop in NYC

The gala was a production of Weekend Unlimited USA through its event division, Weekend Unlimited LIVE, in celebration of Governor Andrew M. Cuomo’s recent announcement that he would push to legalize recreational marijuana next year, a move that could generate more than $1.7 billion in sales annually and put New York in line with several neighboring states.

IMG_2769Along with Snoop Dogg, attendees included NFL player and cannabis advocate Jack Brewer, restauranteur Barry Mullineaux, and nightlife impresario Carlos Antonio, former NFL safety Sergio Brown, Real Housewives Ramona Singer and Sonja Morgan, Mob wife Ramona Rizzo, Miss USA,  Miss New York Genesis Camilo, Terrence J, and DJ Whoo Kid.

 

Weekend Unlimited Appoints Paul Chu President & CEO

Company appoints seasoned consumer packaged goods leader to bring and grow acquired brands to Canada, Jamaica, the United States and other international markets

CANADA: Weekend Unlimited announced the appointment of Mr. Paul Chu to the role of President and CEO. As an Executive and Entrepreneur, Mr. Chu brings over 25 years of success across a variety of industries including CBD cannabis, technology, hardware/software, food and beverage, energy, telecommunications, hospitality, and real estate.

“Under Mr. Cody Corrubia’s leadership, Weekend Unlimited has acquired, and entered into agreements to acquire a robust portfolio of brands in flower, edibles and extracts categories,” said Mr. Kevin Ernst, Corporate Director, Weekend Unlimited. “Cody established the Company in multiple markets including California, Canada, Jamaica, Washington State, and other legal jurisdictions in the United States with the opportunity to leverage a strong product portfolio, positioned for growth in 2019. Working with Paul to add Canna Candys to our portfolio, it became clear that he brings the leadership and experience we need to take Weekend Unlimited to the next level,” added Mr. Ernst.

Mr. Chu has co-founded and held leadership positions at companies in the cannabidiol (CBD) cannabis industry, including HEY MARY and Canna Candys. In addition, Mr. Chu has served as co-founder of High Desert Group and Boom Energy NYC. He has served as Managing Director, Johnny Rockets NYC, Chairman and CEO, iSWIMBAND, co-Founder, Mobile123 and VIAONE Technologies, co-Founder and co-CEO, Urban Wireless, and Vice President, Regal China Cruises.

“I am honored to join Weekend Unlimited, as we build the company into the world’s leading recreational cannabis lifestyle brand,” said Mr. Chu. “I am optimistic about the prospects and opportunities of launching innovative high-quality products and services throughout our existing and new markets. Based on our successes to date, Weekend Unlimited has an unparalleled opportunity to create demand for a consumer-focused portfolio of recreational cannabis brands.”

Paul Chu attended the University of Southern California – Marshall School of Business. He has served as President of IDV – Hansen Beverage Company, where he launched the distribution network that introduced the Southern California fresh juice company, to 13 states along the northeast seaboard. Mr. Chu also formulated and began the “Fresh Squeezed Juice and Monster caffeinated beverage” movement in the Northeast, successfully placing product into SYSCO Foods, 7-Eleven and New York City’s Gourmet Markets.

Mr. Chu co-developed the first prepaid telecom platform, pioneering a digitally built and managed master distributor of mobile phones and prepayments which generated over $750M within four years of inception. Paul has secured placement of products into big box retailers including Walmart, Toys R Us, and Staples. He is the founder of HEY MARY, the first Artificial Intelligent-driven platform for in-home personal cannabis dosing and dispensing.

Weekend Unlimited Enters Retail Cannabis Space In Alberta, Canada

The Northern Lights Supply 6,500 sq. ft. retail operation is based in Alberta with opening planned for December 2018

CANADA: Weekend Unlimited has announced that it has entered into an arms-length agreement which provides Weekend the option to acquire 49% of a retail cannabis store located in Nisku, Alberta.

Northern Lights Supply is situated in Nisku, Alberta, at the intersection to Canada’s largest oilfield industrial park, along Alberta’s busiest corridor, Highway 2 and opposite the Edmonton International Airport,” explained Mr. Cody Corrubia, President and CEO of Weekend Unlimited.

Weekend Unlimited BrandsThe parties have entered into a convertible secured 6% interest loan facility on November 15, 2018 for up to $1,200,000, of which the Company will initially advance $500,000. At any time during the term ending December 31, 2022, the Company has the option to convert the full amount of its $1,200,000 loan facility into 49% equity of the retail store. The option may only be exercised once Weekend has received approval from the Alberta Gaming and Liquor Commission after going through required due-diligence.

With 6,500 square feet of retail space, it is one of the largest approved retail cannabis stores in Alberta. The store was designed to take advantage of the upcoming edible and infused cannabis products schedule to be legal in the fall of 2019.  Opening is planned for early December 2018.

“We look forward to working with the team at Weekend Unlimited in growing our brand in Alberta. Their experience will be invaluable in recognizing the numerous opportunities in this new and emerging industry.” stated Northern Lights Supply President Mr. Derek Shields.

 

Weekend Unlimited Broadens Its Brand Portfolio, Adds Canna Candys And Canna Medibles

CANADA: Weekend Unlimited has provided additional information in respect to its arm-length securities purchase agreement to acquire equity interests in California’s Canna Candys and Canna Medibles, adding a necessary edibles product portfolio as the Company executes on its strategy to build its flower, extracts and edibles verticals.

Weekend Unlimited Brands“The acquisition of Canna Candys and Canna Medibles will provide Weekend with strong products within each of the categories we are focused upon, flower, extracts and edibles,” said Mr. Cody Corrubia, President and CEO of Weekend. “Canna Candys are a CBD product while Canna Medibles are a THC product. The operations team is experienced, having built distribution in Southern California to 380 retail stores,” added Mr. Corrubia.

Canna Candys (CBD) and Canna Medibles (THC) Highlights:

•        2019 same channel revenue forecast of approximately USD$ 2 million*
•        Active candy brand with distribution in 380 retail stores Southern California
•        31 flavors, single wrap candy and single wrap lollipop
•        Strong operating team, production of new gummies, beverage and other edibles
•        CBD only distribution deals being negotiated in NY, FL, NJ, NC, TX, CA

*Cost of goods 38% based on current available supply chain agreements and cost of goods for lab tested and approved raw material. Risks associated with the forecast are an increase in competition and costs, an adverse change in state regulation and consistent availability of lab tested and approved raw material

Weekend has provided a secured loan of US$ 750,000 to date.  It has the option to convert this note for 51% of the equity in the company that owns these brands.  Weekend has the option, for a period of 60 days from the initial closing, to pay an additional US$ 690,000 and issue shares worth US$ 1,440,000 to acquire a further 29% of the company so as to own 80%.  The final 20% can be purchased, during a time period ending 90 days after the first closing, for US$ 720,000, to be paid by cash, shares or a combination of the two as agreed to by the parties.  The parties are in the final due diligence stages and anticipates closing within 30 days.

Weekend Unlimited To Acquire R&D Pharma In Jamaica

The acquisition will strengthen the Company’s holdings with one of three Tier-3 Jamaican Licenses

CANADA: Weekend Unlimited,  a lifestyle cannabis company, has entered into an arms-length binding letter of intent to add to its brand portfolio with the acquisition of R&D Pharma in Jamaica, securing one of three Tier-3 licenses available in Jamaica.

R&D Pharma Highlights include:

  • Weekend Unlimited’s planned acquisition in Jamaica is led by Derrick Lewis and Richard Bailey, CEO and President of R&D Pharma respectively.
  • One of only three approved tier-3 cultivators license holders in Jamaica.
  • Medical tourism in Jamaica, plus phenotyping with Jamaican sativas, to brand and export internationally recognized strains, extracts, and infused products.
  • Will be a significant exporter of branded full spectrum extracts as well as extracted cannabinoids from one of world‘s lowest cost geographies for growing cannabis.
  • Weekend Unlimited will acquire 100% of R&D Pharma, which includes a 49% interest in a Jamaican company holding one of the existing Tier-3 licenses in Jamaica.  R&D Pharma also holds a royalty agreement on the all production, giving it a near 100% economic interest in the license being acquired.

R&D Pharma is a Canadian company building a vertically integrated medical cannabis business in Jamaica.  R&D has secured a Tier 3 Cultivator’s License (only one of three presently issued in Jamaica), which allows for full cultivation of cannabis plants on land of over 5 acres. R&D’s founders Derrick Lewis and Richard Bailey are citizens of Jamaica who now reside in Canada, both having significant business networks in both countries.

“This acquisition in Jamaica represents a significant step for Weekend Unlimited as it implements its strategy to be a top tier integrated cannabis company,” said Mr. Cody Corrubia, Weekend Unlimited’s President and CEO. “By adding R&D to our brand portfolio, we secure a highly coveted asset for cultivation in a low cost, high quality environment like Jamaica, which has international appeal in the cannabis space, with unparalleled lifestyle applications,” added Mr. Corrubia.

“We are thrilled to add value to Weekend Unlimited’s brand portfolio,” said Mr. Derrick Lewis, CEO and Director of R&D.  “Our assets in Jamaica are founded upon highly organized cultivation,  which we will extend to build our international branding base, securing long-term contracts and relationships for the sale and/or out-licensing of internationally recognized strains, full spectrum and extracts, and infused retail products,” added Mr. Lewis.

“To accelerate our plan, R&D is building an Herb House/Ganja Café and Therapeutic Spa at Ocho Rios, on our 98 acre location which contains the cultivation operation.  The Café and Spa will showcase products and deliver experiences to consumers of cannabis from around the world.  R&D will also distribute standard medical products on the island domestically and to medical tourists,” said Mr. Lewis.

Weekend Unlimited will issue to the shareholders of R&D a total of 50,000,000 common shares and 25,000,000 warrants. Each warrant entitles the holder to subscribe for an additional shares for $0.35 for a period of 2 years from closing, subject to the right of the Company   to accelerate expiry date upon 30 days’ notice if its common shares trade at $0.75 or higher for 10 consecutive business days any time after 4 months from closing.  Approximately 35 million of these shares will be subject to a 3 year escrow, with releases of 10% on closing, and 15% on every 6 month anniversary.

Pending closing, the Company has advanced CDN $2.4 million on a secured loan basis to R&D for construction costs.  It is anticipated that another US $9 million will be required to complete the buildout of the planned Jamaican facilities. The Company plans to fund all of this by way of an equity raise or debt or a combination of the two.

While in the final due diligence stage, the Company anticipates closing this transaction within a month. However there is no certainty that this transaction will close, or if it does close, will close on the current terms as agreed between the parties.

 

 

Weekend Unlimited Shares Begin Trading On The Canadian Securities Exchange

Trading Under the Symbol YOLO on the CSE on October 15, 2018

CANADA: Weekend Unlimited, a lifestyle cannabis company, announced that  its shares began trading Monday, October 15, 2018 on the Canadian Securities Exchange under the symbol YOLO.

The Company is the result of a two for one consolidation and the previously announced amalgamation of Open Source Health Inc. (formerly OHS) and Weekend Unlimited Inc., a private arms-length company which holds interests in various cannabis-related companies. The resulting company continues under the name Weekend Unlimited Inc. All of the assets previously held by Open Source in the online health space have been sold.

A detailed listing statement dated October 10, 2018 has been filed by the Company on www.sedar.com and on the CSE website.

Weekend Unlimited has built significant momentum in the lead up to going public, with an existing portfolio in Washington State, Orchard Heights Growers, British Columbia, Northern Lights Organics and internationally, Jerome Baker Designs, in the effort to build a strong, versatile foundation for substantial growth. Additional potential acquisitions have been identified and are subject to letters of intent in Jamaica (an existing cultivation and productions facility), California (a beverage company) and California (a multi-state THC and CBD infused candy company).

Weekend Unlimited’s Brand Acquisition Model

Weekend Unlimited aggregates and scales its 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. With assets secured in British Columbia, Washington State and internationally through Jerome Baker Designs, Weekend Unlimited is establishing itself as an integrated cannabis company.

Current Brands Include:

Weekend Unlimited BrandsJEROME BAKER DESIGNS

  • Since 1991, Jerome Baker Designs has been at the forefront of design and creativity in the glass and canna industries.
  • This 3 X High Times Cannabis Cup winner, with offices in Las Vegas, New York and Maui, Jerome Baker Designs creates custom glass artwork that its clientele is proud to display in their homes and offices.
  • Pending launch of CBD line of products in fall of 2018
  • Pending launch of an infused water bottle in trademarked Jerome Baker bong design in fall of 2018

NORTHERN LIGHTS ORGANICS

  • With the agricultural rich land and certified organic farming expertise, Northern Lights will become Canada’s first high CBD focused hemp & cannabis farm, grown from certified organic soils with final products certified organic
  • 300-Acres will be dedicated to outdoor organic hemp for CBD extraction
  • Indoor cannabis cultivation will be housed in 68,000 sq. ft. of purpose-built grow rooms with rolling table automation
  • The Northern Lights Organics Campus will include veg, clone and genetics rooms and an extraction facility for CBD Hemp oils and concentrates.

ORCHARD HEIGHTS GROWERS

  • Orchard Heights Growers in Washington State are focused on premium quality indoor cultivation and processing.
  • The company provides a combination of mixed light greenhouses with a processing room for extraction.
  • Orchard Heights Growers phase one development includes a state of the art, optimized efficiency Cannabis greenhouse with full climate controls.

Capital Structure

After the private placement detailed below, the Company currently has 248,982,255 issued and outstanding shares, and 189,775,724 shares reserved for issuance upon the exercise of warrants and options. 142,222,711 shares are subject to a hold period until February 16, 2019, and an additional 21,172,500 shares are subject to a 3-year escrow.

Private Placement

The Company has closed non-brokered private placement of $5,409,154 by the issuance of 27,045,770 units at $0.20. Each unit consists of one common share and one warrant entitling the holder to subscribe for one additional share for $0.25 for a period of 2 years, subject to the Company’s right to accelerate the expiry date upon 30 days’ notice if its shares trade at $0.50 or more for a period of 10 days. Proceeds will be used for working capital and for further acquisitions.

Cannabis Industry Ambassador-At-Large: Jake The Professor’s Weekend Unlimited

By Jake The Professor

I am so privileged to be able to attend some of the cannabis industry’s top events.  As a rule, Cannabis Industry professionals are eager to support of our industry, our peers,  and even our competitors to some measure. We attend events honoring outstanding individuals, and enjoy participating with our industry associations, like the MJBA and Cannabis Alliance. These grassroots events more often than not turn into a big party. We see the best events as happenings — reunions of industry leaders and professionals coming together to learn, celebrate and plan our next battle. 

As I mentioned in my last Cannabis Industry Ambassador-At-Large column, the Seattle 4/20 Celebrations were the most spectacular ever. It was a weekend unlimited in its grandeur to be sure. 

Weekend Unlimited is a lifestyle brand. Bridging lifestyle with Cannabis. Weekend Unlimited is about life's highs, anytime and anywhere.

Weekend Unlimited is a lifestyle brand. Bridging lifestyle with Cannabis. Weekend Unlimited is about life’s highs, anytime and anywhere.


Jake The Professor was honored to be a featured presenter at last weekend’s Bongzilla event in Seattle.   Showcasing amazing glass art — including huge Godzilla sized bongs by Jason Harris of Jerome Baker Designs — the gala was sponsored by Weekend Unlimited and Leafly. 

The 420 weekend event included lots of fire

The 4/20 weekend event included lots of fire

The 4/20 weekend event was filled with fire (the kind that melts glass), and some things called Glory Holes and Kilns. There was plenty of open flames, with fire shooting from the torches used to shape and temper the glass.  The thing about Glass Artists is that they all move very quickly in a orchestrated chaos of fire. The nature of the glass artist is to move in a hurry. For one thing, the glass they are working with is extremely hot. From when we were children, we all learned to move fast when fire is involved.  But the main reason is that hot glass cools quickly, and must be shaped hot before it cools and won’t form correctly, or worse breaks. 

Come see Big Green and Jake The Professor at Diego Pellicer Seattle

Come see Big Green and Jake The Professor at Diego Pellicer Seattle

The conductor overseeing the organized chaos of this active working industrial hot glass shop was Jerome Baker Design’s Jason Harris.   Jason invited artists from around the West Coast, who gathered Friday in a rented studio in the shadow of the Space Needle in a collaborative effort to build a 24-foot bong, nicknamed Bongzilla.

“Essentially this is the Freedom Bong,” head glass blower Charles Lowrie told me. Once assembled this larger-than-life Art Glass exhibit will displayed in Las Vegas at the new Cannabis Museum in July. It’s creators believe Bongzilla to be the world’s largest functional bong.


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Our good friends from Cannabition were on hand with video cameras to document the scene. Also on hand were the local press, including The Seattle Times, KING 5, Northwest Leaf and DOPE Magazine.

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One of the more interesting things I witnessed was a an artist who had lost his daughter when she died giving birth. He incorporated her ashes into a 24 foot memorial bong. It was quite moving for all of us who witnessed this.

Another highlight for me was when Chef Jeremy Cooper arrived with a couple of boxes of his delightful artisan chocolates. These delicately-crafted confections are made with the very best chocolate — and for this occasion were made with CBD and terpenes for a unique and effective product. They were a big hit and fit right in with Weekend Unlimited’s, unlimited weekend event. 

Jeremy Cooper

The Dab Doctor was in the house, and really big impression with all who participated.  Accompanied by Chef Jeremy Cooper, the Dab Doctor showed up with a slab of shatter about the size of a pizza! In fact that’s how it was presented — in a large size pizza box. The Dab Doctor soon set up two electric dab rigs and we were Unlimited Dabbing all the do da day.

Many of the industry professionals I see routinely stopped by to get a gander of real Dale Chihuly style big glass art. There were a dozen glass artist actively working very hard for 12 hours strait four days in a row. If you are thinking about becoming a glass artist, start small. This “Big Glass” is definitely not for the beginner. Many of these professional glass artist work with Dale Chihuly. 

It was great to see so many industry friends turn out for the “Big Bongzilla Event.”  Everyone it turns out likes big bongs.  We even put one of the Giants on display at Diego Pellicer.  I call it “Big Green”. 

Big Green On Display at Diego Pellicer Seattle

Big Green On Display at Diego Pellicer Seattle

Please come  by and check out Big Green at Diego Pellicer, 2215 4th Ave South,  Seattle Washington, and snap an Instagram with Jake The Professor.

Cannabis Industry Ambassador-At-Large: Twenty22Many Art Auction

Twenty22Many is a Washington-based Veterans group, born out of the old Medical Marijuana Collective model that preceded recreational cannabis in Washington State.

The mission of the Twenty22Many is “By All Means Necessary – End Veteran Suicide.” Founder Patrick Saint, and other volunteer veterans are committed to raising awareness about the extremely high suicide rates among our military veterans — it is reported that 22 daily suicides occur daily in America.

Patrick and his group of Veteran volunteers turned to Washington State’s newly licensed recreational cannabis community for help. Together, they created the Twenty22Many Veteran Support Depot Program to offer vets a safe haven and access to resources.

If a veteran walks through the door of a participating retailer in need of anything, they will be given a flyer with valuable contact information on it.  Once contacted, Twenty22Many will promptly dispatch a veteran volunteer and resources to that veteran in need.  Twenty22Many Veteran Support Depot Program essentially converts participating I-502 stores into little Veteran hubs all over the state.

I grew up in a military family. Both my father and a sister served in the armed forces, and so I was especially excited to join Twenty22Many at their annual fundraiser as a guest of the founder.  The auction was held at Heylo Cannabis Extractions in Sodo Seattle.

These works are like DMT meet LSD

These works are like DMT meet LSD

The evening started off with an art auction. The featured artist was Adream, whose work is so detailed and inspiring. These works were both colorful and spiritual in some mystical way — like DMT meet LSD.

I also attended a glass blowing event earlier, hosted by Weekend Unlimited, Jerome Baker Designs and Leafly. Jason Harris of JBD Glass graciously donated a wonderful JBD bong to Patrick and Twenty22Many for auction at the evening event.

 

Jason Harris of JBD Glass so graciously donated a wonderful JBD bong to Patrick and the Twenty22Many.

Jason Harris of JBD Glass so graciously donated a wonderful JBD bong to Patrick and the Twenty22Many.

I was given the extreme honor to present Patrick with a Challenge Coin. In the military, challenge coins are often offered to visiting dignitaries or guest of a unit or platoon.  This particular coin was given to me by Four-Star General “Skip” Dreps, a well-known Veterans advocate who works with the Disabled Veterans of the Pacific Northwest. General Dreps is a good friend of Jake The Professor who always jumps at the chance to help his fellow brothers in arms.

Thank you to Heylo Canbabis Extractions, the Space Shuttle, and Twenty22Many for helping us understand the needs of the veterans community and offering us an opportunity help.

Patrick Saint and Twenty22Many need our support to carry out this very important mission. I invite you to work with us to reduce suicide rates within the Veterans community.  Please reach out to Twenty22Many in Olympia to participate in this life saving program.