Weekend Unlimited Inc (CSE:POT) (OTCPINK:WKULF) said Tuesday that its subsidiary Northern Lights Supply in Nisku, Alberta has received its initial shipment from AGLC allowing it to set a grand opening date for February 23.
The Vancouver-based company has previously announced an arms-length agreement to acquire 49% of Northern Lights Supply, which is the first retail cannabis store servicing the Edmonton International Airport, Canada’s largest oilfield industrial park and the cities of Leduc and Beaumont.
Set to open on February 23, the store offers 6,500 square feet of retail space, making it one of the largest approved retail cannabis stores in Alberta. Also, the new retail outlet sits adjacent to Highway 2, Alberta’s busiest traffic corridor, and it is the first cannabis retail store to receive approval to advertise along the main entrance to Edmonton.
"Having received the store's initial order, we are currently stocking the shelves and conducting our final staff training and systems checks in order to hold our grand opening next week, on February 23," said Northern Lights Supply President Derek Shields.
The company said Northern Lights Supply will open with nearly $200,000 worth of inventory. Weekly shipments are anticipated from AGLC to replenish stock and serve customers reliably, said the company.
"The extent to which Derek and his team has worked productively with AGLC to emphasize the importance of cannabis education and outreach programs from Northern Lights Supply as it enters this new market is of paramount importance to our long-term plans as active members of the community," said Weekend Unlimited CEO Paul Chu.
Weekend Unlimited is a cannabis-focused investment company that specializes in the scaling of small to medium brands, primarily in the categories of flower, extracts and edibles.
Contact Uttara Choudhury at [email protected]