Proactive Investors - Run By Investors For Investors

Weekend Unlimited harvests 50K high-CBD hemp seeds at its Northern Lights Organics farm

The recreational cannabis company now planning to produced up to 2 million high-CBD hemp seeds
hemp field
The company planted in January and harvested the seeds in May at its hemp farm in British Columbia

Weekend Unlimited Inc (CSE:POT)(OTCQB:WKULF) announced Wednesday it has successfully produced more than 50,000 high-CBD hemp seeds at its 600-acre Northern Lights Organics farm in British Columbia.

The Canadian recreational cannabis company said it now has the ability to produce and supply high-CBD hemp seeds on a much-larger scale following the success of the test plot.

Weekend Unlimited, based in Vancouver, is looking to harvest up to 2 million high-CBD hemp seeds.

READ: Weekend Unlimited ramps up production at Northern Lights Organics hemp farm

"Translating the results of this test plot in the nursery greenhouse to the larger greenhouse, which has 40 times the capacity, equates to approximately 2,000,000 seeds which is enough to plant over 600 acres,” said President Arthur Halleran.

The company planted the high-CBD hemp plants in January and harvested the seeds in May. The company had said it planted 3,500 plants with a CBD content between 5% and 5.9% of dry weight.

The vast majority of CBD (cannabidiol) is extracted from hemp, which is a cannabis plant that has trace amounts of THC (0.3% or less when dried), the psychoactive compound that gets people “high.”

Weekend Unlimited's stock recenty traded flat at C$0.05 in Toronto and down 2.4% to US$0.04 on the OTC Markets. 

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

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

Weekend Unlimited Inc. Timeline

Related Articles

Cannabis leaf
November 19 2018
With the legalisation of recreational cannabis in Canada in October, and the US expected to follow suit, the company has its sights set on building up the very best in the industry
A WeedMD greenhouse
January 21 2019
WeedMD produces cannabis and cannabis oil for both the medical and adult-use markets
medical cannabis concept
February 10 2019
AusCann is a fully integrated early-mover pharmaceutical cannabinoid 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