Weekend Unlimited (CSE:POT) (OTCMKTS:WKULF) on Friday announced that Christopher Backus, a former senior officer with the Royal Canadian Mounted Police, has joined the company’s board, replacing Morie Shacker, who is stepping down.
In addition to his time with the Mounties, Backus has also worked with the United Nations as a strategic advisor to peacekeeping operations and negotiations in Cote D’Ivoire (Ivory Coast, West Africa). He holds a master’s degree in conflict management and interest-based negotiations from Royal Roads University in Victoria, British Columbia.
“Chris is bringing a tremendous skill set and perspective to the board at this exciting time for the company as we launch our brands into multiple markets,” said Paul Chu, Weekend Unlimited’s CEO in a statement. “And on behalf of our directors, I want to thank Morie Shacker for all his efforts.”
In other news, the New York-based cannabis company says it changed its prior ownership interest in Jerome Baker to a license agreement. Under the deal’s terms, Weekend can use the Jerome Baker trademark and other intellectual property relating to a wide range of cannabis products for five years without any royalty obligations.
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.
The company has been making steady inroads into the US, after switching its global headquarters to New York City from Vancouver just last month.
Weekend Unlimited shares closed at C$0.11 on Thursday.
Contact Ellen Kelleher at [email protected]