InvestmentPitch Media Video Discusses Weekend Unlimited's Exclusive Distribution Agreement to Distribute Canna Candy Brand Cannabis Edibles Beyond California to Additional US States in Northeast, Midwest and Southeast - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2019) - Weekend Unlimited (CSE: POT) (FSE: 0OS1) (OTC Pink: WKULF) announced an exclusive distribution agreement with Infinity One LLC., to introduce its Canna Candy brand product beyond California, into the US Northeast, Midwest and Southeast regions.
InvestmentPitch Media has produced a "video" which provides an overview of this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Weekend Unlimited" in the search box.
Cannot view this video? Visit:
Paul Chu, President and CEO, stated: "This is an exciting step for Canna Candys and Weekend. It represents the first of many deals to expand into new markets with our products. The first order is for Canna Candys, 5 mg 99.6% Hemp Oil extract (0% THC) mixed fruit gummies in gummy packs containing 20 servings."
The agreement with Infinity One to distribute Canna Candys products will begin with a rollout of 1 million gummies per month, with additional SKUs to follow beyond candies and gummies. The initial month's purchase order is for US$350,000.
Rae Kim, President of Infinity One, stated: "Infinity One, LLC is proud to become a master dealer for Weekend Unlimited. The first month's allotment of 1 million pieces of Canna Candys' fruit gummies will be distributed through our sales channels and distribution network beginning in the Northeast, Midwest and Southeast."
Following Weekend's Consumer Packaged Goods strategy, Infinity One will focus on sales through supermarket chains, pharmacies and convenience stores.
Rae Kim added: "We have existing relationships with HSN, Target, Bed Bath & Beyond and Amazon in addition to our vast indirect sales channels. Most of our chain store accounts range from 200 to 400 retail locations. The plan we have developed with Weekend sees us expanding in the second phase to add edibles and beverage products to our product line as we expand distribution in these regions and add Texas in the coming months."
Subsequent orders will depend on the success of the products. The distribution agreement is for one year, with options to renew.
About InvestmentPitch Media
InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.
Barry Morgan, CFO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/42747