Proactive Investors - Run By Investors For Investors

Buds & Duds: Weekend Unlimited to launch concept store in California; Aleafia slumps after TSX uplisting

Also on the move was Harvest One Cannabis, which completed its first shipment of medical cannabis to Shoppers Drug Mart, through its subsidiary, United Greeneries
palm trees
Weekend Unlimited will unveil its first retail concept store in Long Beach, California next month

Cannabis stocks perked up Thursday in tandem with broader North American markets.

The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada was up 0.14% to US$299.82 on Thursday midday. 


Shares of Weekend Unlimited (CSE:POT) (OTCQB:WKULF) jumped after the cannabis lifestyle brand company announced it plans to open its first concept store in Long Beach, California, in April. 

Shares were up 7.6% at C$0.10 in New York and up 4.0% at C$0.13 in Toronto.

READ: Weekend Unlimited to open first concept store in California next month

The store, which will open on April 20, will feature 2,500 square feet of space where Weekend’s cannabidiol (CBD) and wellness products will be sold. On top of this, it will also include 2,500 square feet for a Weekend LIVE lounge where community outreach and education seminars will take place.

Harvest One Cannabis Inc (CVE:HVT) (OTCMKTS:HRVOF) saw shares rise after the company announced Thursday that it had completed its first shipment of medical cannabis to Canadian pharmacy mammoth Shoppers Drug Mart, through its wholly-owned subsidiary and cultivation arm United Greeneries Ltd. 

Shares were up 3% at C$1.04 in Toronto and up 1.1% at US$0.78 in New York. 


Aleafia Health Inc (TSE:ALEF) (OTCMKTS: ALEAF) stumbled on Thursday, after the company's uplist to the Toronto Stock Exchange on Tuesday.

Last week, the company closed its acquisition of Emblem Health. The merger creates Canada’s largest medical cannabis clinic with more than 60,000 patients with access to cannabis oils, capsules and sprays.

Shares were down 3.1% at C$2.19 in Toronto, and down 3% at US$1.65 in New York. 

Auxly Cannabis Group Inc (CVE:XLY) (OTCMKTS:CBWTF) stock continued to slide Thursday, on the back of declines on Wednesday.

The cannabis streaming company, which has operations across Canada and Uruguay, saw its shares drop 4.1% at C$0.94 in Toronto and down 5.8% at US$0.70 in New York on the back of little to no news. 

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

cannabis leaf next to bottle
April 29 2019
The cannabis holding company has four unique, synergistic business under its umbrella
cannabis extraction
April 09 2019
NextLeaf Solutions is developing intellectual property around converting the cannabis plant into infused products through a scalable, repeatable process
cannabis tablet
February 28 2019
The company fills a niche in the medicinal cannabis market, as it continues to push forward its suite of precision oral dose products
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