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AdvisorShares Pure Cannabis ETF C.YOLO


Primary Symbol: YOLO

The investment seeks longterm capital appreciation. The fund is an actively managed exchangetraded fund ETF that seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets plus any borrowings for investment purposes in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is nondiversified. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is non-diversified.


ARCA:YOLO - Post by User

Post by gillygillyon Jul 23, 2020 7:10am
162 Views
Post# 31306179

Chris has retired his position.

Chris has retired his position.

ACCESSWIRE
July 23, 2020

VANCOUVER, BC / ACCESSWIRE / July 23, 2020 / Weekend Unlimited Industries Inc. ("Weekend" or the "Company") (CSE:POT)(FSE:0OS2)(OTCQB:WKULF) announces that Mr Chris Backus has resigned as President, CEO and Director of the Company for personal reasons, effective immediately. Additionally, the Board is pleased to announce that is has appointed Mr Charlie Lamb as President and CEO of the Company.

"On behalf of the Board of Directors, we wish Chris the best in his future endeavors and thank him for the valuable contributions he made to Weekend over the past 18 months. Chris laid the foundation for a robust and exciting future for the Company" said Director, David Parchomchuk. "We are also excited to be moving forward with Mr. Lamb who will continue to build on the foundation while focusing on continued long-term growth and acquisition efforts in Oklahoma and beyond"

"I'm thrilled to have been appointed to the position of President and CEO of the Company. Thanks to the efforts of Chris, the Company has built a strong portfolio of award-winning premium brands that strongly resonate with consumers. I will be focused in the near-term on using my experience to get the recently announced acquisition of the Ruby Mae's intellectual property closed and continuing to expand both our brand influence and sales in Oklahoma and beyond" said Lamb. "The Company has a very exciting future and I very much look forward to being a part of its success."

Charlie has over 10 years of experience working as a corporate and securities lawyer at a large international law firm in New York. Charlie's practice has primarily focused on complex business transactions, including mergers and acquisitions, including advising clients on public and private offerings of securities for investment funds, private equity funds and other alternative investment vehicles.

For further information, please contact:

Mr. Charlie Lamb, President & CEO, DirectorTelephone: 1(236) 317-2812 - Toll free 1(888) 556-9656E-mail: IR@weekendunlimited.com


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