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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 Acura001on May 09, 2019 4:12am
125 Views
Post# 29727475

Awesome News. Harvesting in next few weeks.

Awesome News. Harvesting in next few weeks.

Vancouver, BC (May 9, 2019) - Weekend Unlimited Inc. ("Weekend" or the "Company") (CSE: POT - FSE: 0OS1 - OTCQB: WKULF) is pleased to provide an update on the advancement toward full scale production on its 600-acre Northern Lights Organics hemp farm in Northern BC.

“Northern Lights Organics, Canada’s northernmost organic high CBD hemp grower, has advanced substantially as it builds out operations to meet demand from the upcoming product expansion in the Canadian cannabis industry, with the focus on Certified Organic CBD,” said Mr. Art Halleran, President of Northern Lights Organics.

Nursery Greenhouse Highlights:

  • 3500 plants, consisting of three high CBD hemp varieties, were planted in compliance with the Canadian Organic Regime regulations on 10 January 2019
  • These varieties were obtained from a third-party hemp breeding company and have CBD content of 5.0% to 5.86% dry weight and THC content substantially < 0.3%
  • In the future Northern Lights Organic will be producing its own supply of high CBD hemp seeds in order to ensure supply and scalability

“We were very pleased with the results as the hemp grew well even under colder than normal winter conditions. We are in the final seed maturing stage and harvesting will occur within the next few weeks,” said Mr. Halleran. “Based on results we have applied what we have learned to maximize seed production in our larger greenhouses. We will dedicate a portion of the harvested seeds to plant an outdoor test plot in May 2019 - all aspects of that test will be analyzed, from production through to economic standpoints.”

For further information, please contact:

Mr. Chris Backus, Interim President & CEO, Director

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