WEEKEND UNLIMITED WINS THE “POT” LOTTERY

February 01, 2019 12:05 AM

“POT” LOTTERY GENERATES GLOBAL INTEREST AND EXPOSURE FOR CANADA’S LEADERSHIP IN CANNABIS LEGALIZATION

VANCOUVER, BC, CANADA (1 February 2019) – Weekend Unlimited Inc. ("Weekend" or the "Company") (CSE: YOLO – FSE: 0OS1) has been informed by the Canadian Stock Exchange (CSE) that it has won the lottery for the trading symbol POT.

“Weekend Unlimited is thrilled to add the iconic POT trading symbol to its identity,” said Mr. Paul Chu, Weekend Unlimited President and CEO. “As a fast-growing multi-state operator, Weekend Unlimited is developing lifestyle brands around recreational and wellness to help define the future of the cannabis industry. The POT symbol is a tremendous fit with our brand identity.”

The Canadian Securities Exchange, collectively with Toronto Stock Exchange (“TSX”), TSX Venture Exchange, and Aequitas NEO Exchange (together the “Exchanges”) announced the lottery for the POT symbol in January 2019. With the symbol in high demand, many eligible issuers currently listed on any of the Exchanges, or applicants who have made listing applications to the Exchanges, submitted ballots for the POT symbol.

Added Mr. Chu, “There has been tremendous excitement generated globally for the POT symbol. The POT lottery served to raise the profile of Canada’s leadership in legal recreational cannabis and we believe it will also serve to raise Weekend Unlimited’s leadership profile.”

Weekend Unlimited expects to begin trading with the new symbol POT on Monday, February 4th, subject to confirmation by the CSE.

For further information, please contact:

Mr. Paul Chu, President and CEO

Telephone: 1 (236) 317-2812 - Toll free 1(888) 556-9656

E-mail: IR@weekendunlimited.com

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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.

Short-seller Andrew Left of Citron Research sounds off: take profits in Aphria, short Cronos Group

Famed short-seller Andrew Left of Citron Research was taking profits in Aphria Inc (NYSE:APHA) while shorting Cronos Group (TSE: CRON) on Friday. 

Markets didn't seem fazed by the news, with shares of Aphria up 8.7% to $9.50 USD

in afternoon trading while Cronos Group (CRON) climbed 8.5% to $21.35.USD

In a tweet, Citron Research said it was focusing investing effort on US cannabis stocks, having decided that "Canadian weed" has "run too far". 

Aphria shares also saw a boost, thanks to a Bloomberg report saying that Green Growth Brands is flexible and open to negotiations about its unsolicited bid for the Canadian cannabis company. Under the deal’s current terms, Ohio-based Green Growth has offered Aphria stakeholders 1.5714 shares of Green Growth stock for each Aphria share.

CIBC focuses on handful of players 

Left pointed to a report by CIBC released earlier this month that said it expects only a handful of players to end up dominating the global cannabis market.

“We believe Canopy and Cronos are likely to be two of those winners,” the authors wrote in the report, which was titled “The Beginning Of A Global Seismic Shift.”

“We view Aphria as a manufacturing and automation expert but believe concerns about capital allocation and corporate governance could deter investors," said the report. 

https://www.proactiveinvestors.com/companies/news/213836/short-seller-andrew-left-of-citron-research-sounds-off-take-profits-in-aphria-short-cronos-group-213836.html