Weekend Unlimited Inc. to Acquire R&D Pharma In Jamaica

The Acquisition Will Strengthen the Company’s Holdings with One of Three Tier-3 Jamaican Licenses

VANCOUVER, BC/ ACCESSWIRE / November 1st, 2018 / WeekendUnlimited Inc. ("Weekend" or the "Company") YOLO FSE:0OS1))) a lifestyle cannabis company, has entered into an arms-length bindingletter of intent to add to its brand portfolio with the acquisition of R&DPharma in Jamaica, securing one of three Tier-3 licenses available in Jamaica.

R&D Pharma Highlights include:

• Weekend Unlimited's planned acquisition in Jamaica is led by Derrick Lewis and Richard Bailey, CEO and President of R&D Pharma respectively.
• One of only three approved tier-3 cultivators license holders in Jamaica.
• Medical tourism in Jamaica, plus phenotyping with Jamaican sativas, to brand and export internationally recognized strains, extracts, and infused products.
• Will be a significant exporter of branded full spectrum extracts as well as extracted cannabinoids from one of world‘s lowest cost geographies for growing cannabis.
• Weekend Unlimited will acquire 100% of R&D Pharma, which includes a 49% interest in a Jamaican company holding one of the existing Tier-3 licenses in Jamaica.R&D Pharma also holds a royalty agreement on the all production, giving it a near 100% economic interest in the license being acquired.

R&D Pharma ("RDP") is a Canadian company building a verticallyintegrated medical cannabis business in Jamaica.R&D has secured a Tier 3 Cultivator'sLicense (only one of three presently issued in Jamaica), which allows for fullcultivation of cannabis plants on land of over 5 acres. R&D's foundersDerrick Lewis and Richard Bailey are citizens of Jamaica who now reside inCanada, both having significant business networks in both countries.

"This acquisition in Jamaica represents a significant step forWeekend Unlimited as it implements its strategy to be a top tier integratedcannabis company," said Mr. Cody Corrubia, Weekend Unlimited's President andCEO. "By adding R&D to our brand portfolio, we secure a highly covetedasset for cultivation in a low cost, high quality environment like Jamaica,which has international appeal in the cannabis space, with unparalleledlifestyle applications," added Mr. Corrubia.

"We are thrilled to add value to Weekend Unlimited's brandportfolio," said Mr. Derrick Lewis, CEO and Director of R&D."Our assets in Jamaica are founded uponhighly organized cultivation,which wewill extend to build our international branding base, securing long-termcontracts and relationships for the sale and/or out-licensing ofinternationally recognized strains, full spectrum and extracts, and infusedretail products," added Mr. Lewis.

"To accelerate our plan, R&D is building an Herb House/GanjaCafé ("Café") and Therapeutic Spa ("Spa") at Ocho Rios, on our 98 acre locationwhich contains the cultivation operation. The Café and Spa will showcase products and deliver experiences toconsumers of cannabis from around the world. R&D will also distribute standard medical products on the islanddomestically and to medical tourists," said Mr. Lewis.

Weekend Unlimited will issue to the shareholders of R&D atotal of 50,000,000 common shares and 25,000,000 warrants. Each warrantentitles the holder to subscribe for an additional shares for $0.35 for aperiod of 2 years from closing, subject to the right of the Company toaccelerate expiry date upon 30 days' notice if its common shares trade at $0.75or higher for 10 consecutive business days any time after 4 months fromclosing.Approximately 35 million ofthese shares will be subject to a 3 year escrow, with releases of 10% onclosing, and 15% on every 6 month anniversary.

Pending closing, the Company has advanced CDN $2.4 million on asecured loan basis to R&D for construction costs.It is anticipated that another US $9 millionwill be required to complete the buildout of the planned Jamaican facilities. TheCompany plans to fund all of this by way of an equity raise or debt or acombination of the two.

While in the final due diligence stage, the Company anticipatesclosing this transaction within a month. However there is no certainty thatthis transaction will close, or if it does close, will close on the currentterms as agreed between the parties.

For further information, please contact:

Telephone: 1 (236) 317-2812
E-mail: IR@weekendunlimited.com

Neitherthe Canadian Securities Exchange nor its Regulation Services Provider (as thatterm is defined in the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Certain information set forth in this newsrelease may contain forward-looking statements that involve substantial knownand unknown risks and uncertainties. All statements other than statements ofhistorical fact are forward-looking statements, including, without limitation,statements regarding future financial position, business strategy, use ofproceeds, corporate vision, proposed acquisitions, partnerships, joint-venturesand strategic alliances and co-operations, budgets, cost and plans and objectivesof or involving the Company. Such forward-looking information reflectsmanagement's current beliefs and is based on information currently available tomanagement. Often, but not always, forward-looking statements can be identifiedby the use of words such as "plans", "expects", "isexpected", "budget", "scheduled","estimates", "forecasts", "predicts","intends", "targets", "aims", "anticipates"or "believes" or variations (including negative variations) of suchwords and phrases or may be identified by statements to the effect that certainactions "may", "could", "should","would", "might" or "will" be taken, occur or beachieved.A number of known and unknownrisks, uncertainties and other factors may cause the actual results orperformance to materially differ from any future results or performanceexpressed or implied by the forward-looking information. These forward-lookingstatements are subject to numerous risks and uncertainties, certain of whichare beyond the control of the Company including, but not limited to, the impactof general economic conditions, industry conditions and dependence uponregulatory approvals. Readers are cautioned that the assumptions used in thepreparation of such information, although considered reasonable at the time ofpreparation, may prove to be imprecise and, as such, undue reliance should notbe placed on forward-looking statements. The Company does not assume anyobligation to update or revise its forward-looking statements, whether as aresult of new information, future events, or otherwise, except as required bysecurities laws.

SOURCE: Weekend Unlimited Inc.