When We Were Young, the nostalgic pop-punk and emo festival scheduled to debut today (Saturday, October 22) at the Las Vegas Festival Grounds on the Strip, has canceled its opening day due to the threat of high winds.

A statement on the event's official site reads: "When We Were Young Festival organizers have spent the last several days proactively preparing the festival grounds for a windy Saturday. The National Weather Service has now upgraded their Saturday forecast to a High Wind Warning, including dangerous 30-40 mph sustained winds with potential 60 mph gusts. Under advisement of the National Weather Service and the Las Vegas Metropolitan Police Department, we have no other choice than to cancel today's When We Were Young Festival. The safety of our fans, artists and staff will always be out top priority.

"This was not a decision that came lightly," it continues. "We know many of you traveled to the area to have a spectacular day with your favorite bands and have been looking forward to this day for months. We were equally as excited and are devastated to have to share this news."

The statement also addresses ticket refunds. "Ticketholders who purchased their tickets directly through the festival's ticketing company, Front Gate Tickets, for Saturday, October 22's When We Were Young Festival will receive a refund in as little as 30 days to the original form of payment."

And the statement suggests the festival's other two days should go on as planned. "According to the National Weather Service, Sunday's weather looks sunny without any wind advisories. When We Were Young's additional dates including Sunday, October 23 and Saturday, October 29 are moving forward accordingly."

My Chemical Romance, Paramore, Bring Me the Horizon, A Day to Remember, Avril Lavigne, Bright Eyes and Jimmy Eat World are among the dozens of acts scheduled to perform at When We Were Young.