- Wildflower
Brands has more than 300 U.S. outlets for its CBD+ cannabidiol product
line and is expanding its presence in British Columbia and across Canada
through its expected acquisition of City Cannabis Corp.
- The
company is also preparing to expand into Poland and on into Europe through
an arrangement with pharmaceutical distributor Two Towers
- Wildflower’s
brand presence gained upscale attention when it was featured at a curated
CBD-themed baby shower for celebrity businesswoman Kim Kardashian at her
Los Angeles-area estate this month
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and
its pending acquisition, City Cannabis Corp., are a step closer to full
licensing in the upscale coastal environs of Vancouver Island’s Comox city,
establishing the company as the largest legal cannabis retailer in the province
of British Columbia and an attention-getting distributor of wellness products.
Wildflower announced on May 6 that the Provincial Liquor and
Cannabis Regulation Branch has granted approval in principle (“AIP”) to City
Cannabis’ planned store location in Comox, meaning that City Cannabis could
achieve full licensing in Comox once a final inspection is completed (http://ibn.fm/AaWay). The
downtown Comox location would be the first licensed store to support the entire
Comox Valley area, a summer tourism destination overlooking the Canadian
Pacific Coast’s Georgia Strait whose permanent population has an average
household income of $86,328, according to the announcement.
Wildflower has been cultivating its brand portfolio for
rapid growth along the West Coast and eastward all the way to Europe. In the
United States, Wildflower has over 200 retailers in Washington and 14 cannabis
licenses in California — currently the world’s largest cannabis market — with
about 100 other stores nationwide.
An agreement with wholesale medicinal product distributor
Two Towers is opening doors in Poland to Wildflower’s CBD+ line of products, with
expectations of expansion into the rest of Europe. At the same time, City
Cannabis’ declared purpose of spreading to 20 or 30 retail outlets across
Canada suits its designs to provide medicinal and recreational life-affirming
benefits to people battered by the fast pace of life in metropolitan areas.
Wildflower’s upscale, happy lifestyle appeal was evident at
the CBD-themed baby shower for celebrity businesswoman Kim Kardashian at her
Los Angeles-area estate this month. Kardashian and her celebrated friends
enjoyed using a variety of Wildflower cannabidiol products as part of the
festive gathering curated by HelloMD to create an experiential wellness
event (http://ibn.fm/JsBZG).
Wildflower has an existing delivery fulfillment contract
with HelloMD, a nationally recognized medical cannabis education outlet, that
will particularly benefit Wildflower’s Exclusive brand, which is targeted to
select hospital oncology departments and community programs in Los Angeles
looking for high-quality cannabis.
The Kardashian baby shower included opportunities to use
Wildflower’s CBD+ Aches blend vaporizer before a sound bath, and a CBD bar
where guests made their own infused oils and bath salts. Guests received a CBD+
starter kit featuring lavender and vanilla CBD soaps, CBD capsules, Cool Stick
and the Immunity Vaporizer.
“With the growing mainstream interest in the benefits of
CBD, Wildflower continues to receive recognition as (a) leading premium brand
representing quality plant-based wellness. I am proud of our products and the
relief and support it brings people from all walks of life,” Wildflower CEO
William Maclean stated in the news release announcing the event.
Media report that the market for CBD products is expected to
grow to $22 billion by 2022 (http://ibn.fm/wdqpl)
and $75 billion by 2030 (http://ibn.fm/uXlXv),
establishing a foundation for the potential profitability of Wildflower’s
ventures.
For more information, visit the company’s website at www.WildflowerBrands.co
NOTE TO INVESTORS: The latest news and updates
relating to WLDFF are available in the company’s newsroom at http://ibn.fm/WLDFF
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