Proactive Investors - Run By Investors For Investors

Alberta cannabis retailer Northern Lights Supply celebrates grand opening

The opening of the store in Nisku, Alberta brought in sales of C$27,000
cannabis store open
Weekend Unlimited has an arms-length agreement to acquire 49% of Northern Lights Supply

Weekend Unlimited Inc (CSE:POT) (OTCPINK:WKULF) said Monday that cannabis retailer Northern Lights Supply celebrated its grand opening on Saturday, February 23 in Nisku, Alberta.

The opening of the store brought in sales of C$27,000, with little promotion, according to Derek Shields, Northern Lights Supply president.

“We want to thank all of the customers who braved the cold to come to Northern Lights Supply and we look forward to becoming an active member of our business community and are excited to be working with the Leduc and District Chamber of Commerce in establishing cannabis education seminars for business scheduled in early March,” said Shields in a statement.

READ: Weekend Unlimited says Northern Lights in Alberta receives first inventory for grand opening

One of the largest cannabis retailers in Alberta, Northern Lights Supply is based in Nisku along Highway 2 and near the Edmonton International Airport.

Weekend Unlimited, a cannabis-focused investment company, has an arms-length agreement to acquire 49% of Northern Lights Supply. Weekend Unlimited specializes in the scaling of small to medium brands, primarily in the categories of flower, extracts and edibles.

Weekend Unlimited grants options

In other news, Weekend Unlimited announced it has granted 18 million options under its stock option plan to officers, directors, employees and consultants at an exercise price of $0.15.

It also issued 1.26 million options at $0.25 as part of the recent acquisitions of its Jamaican assets.

Weekend Unlimited shares slipped 3.33% to C$0.145 in afternoon trade on Monday.

Contact Ellen Kelleher 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

cannabis plant
March 08 2019
The Vancouver company's recent move into Jamaica, which covers the acquisition of 145 acres of cultivation property, will pave the way for the development of cannabis brands for the island nation
cannabis plant
May 05 2019
The cannabis company invests in income-producing property and provides financing solutions and capital investment to service the blossoming cannabis industry
November 02 2018
Back Home Medical Cannabis Corp has agreed on a 24,000-kilogram three-year production and supply agreement
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