This Cannabis Company Just Announced a 1,000+% Increase in Revenues…

Weekend Unlimited Industries Inc. (OTC:WKULF)(CSE:POT) is a lifestyle-based medicinal cannabis and CBD wellness company selling premium brand products in the U.S. Weekend Unlimited’s products are produced from certified organic hemp Cannabidiol (CBD) and are available in the US online and at a growing number of Oklahoma state retailers.

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The global CBD market is forecasted to grow  from $1,453.81 million in 2018 to $17,345.80 million by 2026, a CAGR of 36.3% between 2019 and 2026. Legal cannabis spending was worth $14.3 billion in 2017 and is forecasted to grow to $63.5 billion by 2024, an annual increase of 21.1%:

The CBD sector therefore finds itself riding the wave of booming eCommerce sales and skyrocketing demand for CBD products. f (OTC:WKULF)(CSE:POT) is attempting to capitalize on this market, in part, because:

  • Companies cannot freely implement traditional and online cannabis-based  ad campaigns on Google or Facebook - meaning they need both a strong retail presence and a strong online presence to build a strong brand following.
  • Consumers are falling under the Amazon effect - meaning they want to be able to order CBD products online easily, quickly and cheaply.
  • Public opinion about Cannabis is becoming more positive 66% of Americans support full legalization - with enormous consequences. Already ten U.S. states have allowed the sale of hemp-derived products in marijuana dispensaries since the passage of the 2018 Farm Bill. Colorado will do so from July 1st and Illinois from October 31st, while this March, Utah’s first medical cannabis pharmacy opened its doors. And the trend is just as strong for recreational cannabis, with eleven states allowing it today, up from only two in 2012. And there is more, as another HUGE theme is also emerging.

Consumers are becoming more environmentally aware than ever and interested in buying organic, non-GMO products. Moreover, they are increasingly health-conscious, and recognize CBD products for their astounding immune-boosting properties, high protein content, improvement of cardiovascular function, pain-relief properties, and much more.

What does this all mean?

By creating a range of high-quality organic CBD products, sold both via retail outlets and online, OTC:WKULF/CSE:POT is addressing the needs of its consumers.

OTC:WKULF/CSE:POT’s WKND! Wellness brand is spearheaded by a range of original CBD products made with the high-quality ingredients, sourced exclusively from America’s best non-GMO hemp plantations. They are pesticide-free, chemical-free, and grown in accordance with advanced organic farming practices. The WKND! Wellness product line includes:

WKND! Wellness Full-Spectrum CBD Oil Tinctures

Available in Natural (unflavored) and Mint flavors, these tinctures provide 1,000 mg CBD in a 1-ounce bottle. They include other beneficial phytocannabinoids designed to relieve stress, recover from exercise, create a sense of well-being, and improved sleeping.

WKND! Wellness Extra Strength Full-Spectrum Softgels

Nano-emulsified CBD oil softgels formulated to ensure a consistent 25 mg dose of full-spectrum CBD in every capsule.

WKND! Wellness Full-Spectrum CBD Cooling Gel

This organic CBD cooling gel includes the natural botanicals menthol and camphor for a fast-acting cooling sensation plus the added relaxing benefits of CBD. Designed specifically for recovery from exercise and overexertion.

WKND! Wellness Full-Spectrum CBD Vanilla/Coconut Natural Body Butter

A full-spectrum CBD body butter made from all-natural, plant-based ingredients to calm and moisturize dry, itchy skin. A premium blend of natural oils, WKND! Wellness CBD body butter delivers moisture and all the benefits of CBD to skin.

The CBD sector moves fast - but OTC:WKULF/CSE:POT has been moving faster:

  • In June 2019, OTC:WKULF/CSE:POT began cannabis production in Washington state
  • In August 2019, the company began selling WKND! vaping, edible, and recreational cannabis products in Washington state.
  • In September 2019, a licensing agreement was signed with Ruby Mae’s, a leader in premium cannabis-infused edibles in Oklahoma.
  • In October 2019, OTC:WKULF/CSE:POT starts online CBD sales
  • In December 2019, the company launched retail sales of its CBD products in Oklahoma, including:
  • WKND! Pre-roll Quicksticks- Hand-rolled joints each containing 0.25-gram of premium Oklahoma cannabis flower.
  • WKND! Edibles - Including high-quality Belgian chocolate infused with Oklahoma cannabis, hard-candies, and gummies, crafted from the finest ingredients.
  • WKND! Signature Blends - Three signature cannabis blends (Bliss, Escape, and Now), expertly crafted to express unique effects and flavors. Designed to energize, uplift, and relax the user for ultimate pleasure-seeking.
  • WKND! Vape Cartridges - Pre-filled vape cartridges contain pure cannabis distillate with cannabis-derived terpenes, available in three proprietary flavors: Bliss, Escape and Now.

The entry into Oklahoma is the key to understanding OTC:WKULF/CSE:POT’s strategy in the CBD market.

On April 23d, the company announced it would expand its product line to include CBD Tincture and Elderberry Gummies to cater to the explosive growth in demand.

  • Cannabis concentrate sales for vaping  are projected to hit a record $8.4 billion by 2022, from only $3 billion in 2018.
  • The recreational cannabis market continues to boom in the U.S., with a forecasted value of an unprecedented $22 billion by 2023:

OTC:WKULF/CSE:POT has recently generated material sales in these immensely dynamic CBD niches, and is continuously refining its products to fit customer needs. What’s more, One recent rounds of financing in February and March for CAD $1.1 million have given OTC:WKULF/CSE:POT the needed financial ammunition to propel its expansion further.

On June 15th the company announced unaudited Q3 2020 financial results, showing that:

  • Sales were up 1,138% from Q2
  • Gross profit margins reached 22%

WKND! Wellness product sales increased 487% MOM in June to date

Recent News:

https://finance.yahoo.com/news/weekend-unlimited-announces-record-volume-070100437.html
https://finance.yahoo.com/news/emerging-markets-report-expand-brand-151414853.html
https://finance.yahoo.com/news/weekend-unlimited-reports-record-revenues-070100509.html

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EMC has been paid 15,000 dollars by Investing Channel and 5000 dollars by Weekend unlimited for a landing page and for various marketing services including this report. EMC does not independently verify any of the content linked-to from this editorial. https://www.emergingmarketsllc.com/disclaimer/

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