Proactive Investors - Run By Investors For Investors

Weekend Unlimited shares surge Friday in light of POT stock ticker lottery

Shares of Weekend Unlimited jumped 134% on Friday, after the company was awarded the coveted POT stock ticker symbol
cannabis stocks
The cannabis-lifestyle brand announced that it won the lottery, sending shares skyrocketing on Friday

Weekend Unlimited (CSE:YOLO) shares skyrocketed on Friday, up 134% after the company announced it had won the proverbial pot of gold: the POT stock ticker symbol.

Shares were up 134.8% at C$0.27 on Friday afternoon in Toronto. 

The POT ticker was allocated in a high-stakes, random lottery held Wednesday by the TMX Group, and Weekend Unlimited announced the news that it was the lucky winner on Friday.

READ: Weekend Unlimited scores coveted POT ticker

“Weekend Unlimited is thrilled to add the iconic POT trading symbol to its identity,” said Paul Chu, Weekend Unlimited president and CEO, in a release on Friday. “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 company said it expects to begin trading with the new symbol POT on Monday, February 4, subject to confirmation by the Canadian Securities Exchange. The company will shed its creative YOLO ticker, an acronym for the fun-loving rally cry "you only live once."

“There has been tremendous excitement generated globally for the POT symbol," said Chu. "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."



Contact Katie Lewis at [email protected]

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full POT profile View Profile

Weekend Unlimited Inc. Timeline

Related Articles

August 28 2018
Tidal Royalty provides capital to help grow licenced US cannabis firms in exchange for receiving a percentage of future top-line revenues.
A WeedMD greenhouse
January 21 2019
WeedMD produces cannabis and cannabis oil for both the medical and adult-use markets
October 30 2018
The firm wants to become the first publicly listed, globally focused, pure cannabis company
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use