- Wildflower
Brands is focused on being a global supplier of CBD products for wellness
and health
- The
company now distributes in over 600 locations in the United States alone,
and it recently signed an agreement with a firm in Poland to enter the
European Union marketplace
- The
company’s online sales have increased by more than 300 percent since 2018
and are growing by 40 percent from month to month
Wildflower
Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a cannabis company that
develops cannabis-based brands and products for health and wellness. This
company’s goal is concerned with the manufacturing, distribution, marketing and
retail of CBD products, as well as research and development of new and
innovative products so as to produce a global wellness brand. The demand for cannabis-based
products is expected to increase in the coming years, with profits predicted to
soar in the future; this is a trend that is already evident in North America
and Europe. In fact, the CBD market is projected to reach about $22 billion by
the year 2020. The market for cannabis-based products is expected to increase
in the future as CBD becomes more popular and legislation changes, allowing
further expansion into the marketplace and enabling more products to become
available for retail.
Wildflower Brands has an impressive distribution system in
the United States, with more than 20 retailers in New York City and more than
200 retailers in Washington State. Currently, the company distributes its
products in over 600 locations across the United States. Part of the reason for
this sizable distribution network is the company’s agreement with the
well-known and nationwide Dillard’s department store chain, which positions
Dillard’s as a distributor for certain Wildflower Brands products.
Wildflower Brands is a leading cannabis product supplier,
showing record profits. The company had revenue of $1.8 million at the end of
March 2019 and has shown increasing revenue and profits for the last nine
consecutive quarters. Wildflower Brands has increased its online product sales
by over 300 percent since early 2018. The online sales have grown by 40 percent
from month to month.
Notably, Wildflower Brands has also reached an agreement
with Free People to sell its CBD products online (http://ibn.fm/ZsB8V).
The company has grown to span various entities, including
Wildflower Wellness, Kings Extract and Exclusive. These entities enabled the
further expansion of Wildflower Brands products into new markets and increased
the distribution capability of the company. Wildflower Brands has also formed a
partnership with Retail Worx to further facilitate the retail of CBD products
within New York City. Wildflower Brands has also opened up two locations in
British Columbia, Canada (http://ibn.fm/Hnmqi).
These locations fall under subsidiary City Cannabis Corp. Wildflower Brands
Inc. expects to expand further into the Canadian marketplace in the near
future, with increasing revenue and profits forecast.
Wildflower Brands is keen on expansion into the global
marketplace with a view toward moving into the regions of the world where CBD
products are not as legally restricted in terms of sales and distribution. An
agreement has been signed to enter the European Union marketplace by way of
Poland. The agreement with Polish firm Two Towers was signed in April 2019.
Wildflower Brands Inc. has plans for further expansion and distribution into
the Asian marketplace in the near future.
The company has expanded tremendously since first being
founded in 2012 as a private company. It became a public company in 2014, and,
since then, the company has increased in prominence and achieved rising
profits. It is not surprising that Wildflower Brands is doing well, considering
the steps the company takes in partnering with other businesses and the steps
it takes to move into and invest in new distribution hubs and markets around
the world.
William MacLean, CEO of the company, also attributes much of
the success of Wildflower Brands to the team it has assembled, with individuals
who have the know-how to successfully achieve licensing and establish the brand
in locations that are most likely to be successful in the long term. As a
result, the company has 14 licenses for cannabis in the state of California.
These licenses include the cultivation of medical and recreational cannabis, as
well as the manufacturing, distribution and retail of such products. Wildflower
Brands is uniquely positioned to be one of the top brands for cannabis-based
products in the future.
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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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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