- Wildflower
Brands is advancing its goal of becoming a global health and wellness
leader by inking a delivery fulfillment agreement with nationally
prominent cannabis educator HelloMD
- Wildflower
has been investing in building its cannabis licenses, products and
services in California, as well as in online outlets and throughout the
United States
- The
company’s online store sales have grown more than 300 percent since January
2018, with yearly revenues topping $1 million
Plant-based health and wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) recently
announced a delivery fulfillment agreement with medical cannabis education
outlet HelloMD, expanding the monetization of Wildflower’s California
operations.
WLDFF’s brands, Wildflower Wellness, King Extracts and
Exclusive, are the vehicles by which the company is working to become a global
wellness leader. Wildflower Wellness is focused on delivering its lineup of
full-spectrum cannabidiol (CBD)-infused products through the media of CBD
vaporizers, capsules, tinctures and soaps. King Extracts focuses on delivery
systems that comply with California’s regulations and on related technologies,
including concentrates made from CO2 extractions with proprietary terpenes
blended in for flavor. Exclusive dispenses high-quality cannabis in Los
Angeles, working closely with select hospital oncology departments and
community programs.
The delivery agreement with HelloMD establishes a working
partnership with a prominent national platform for cannabis doctors, consumers
and brands. Through joint ventures or white-label solutions, HelloMD partners
leverage its platform to attract, nurture, convert and retain patient demand
for medical cannabis.
“HelloMD has been a significant wholesale customer and
provides us with a great position as a premium health and wellness brand,”
Wildflower CEO William MacLean stated in a news release about the
agreement (http://ibn.fm/vGXgD).
“I am very happy to see our relationship grow to further bring quality
information and products to consumers with conditions that benefit from
plant-based healing in a timely manner.”
California is the world’s largest cannabis market, although
Canada is expected to eventually overtake the state during the next decade
thanks to its nationwide drive toward full legalization of cannabis use (http://ibn.fm/AEKuF).
Wildflower holds 14 California cannabis licenses that cover
recreational and medical cannabis cultivation, manufacturing, distribution and
retail, but the company’s distribution network extends beyond California to
more than 200 retailers in the state of Washington and more than 20 additional
retailers in New York City. Between the two coasts, distribution in other U.S.
markets includes over 80 wellness and health care practitioners that boost
Wildflower’s total distribution to over 300 stores nationwide.
The company reports that its direct-to-consumer online store
sales have seen growth of more than 300 percent since January 2018, with yearly
revenues topping $1 million. Revenues have increased for nine reporting
quarters without a break in the trend.
WLDFF recently completed a private placement of $1.8 million
to fund the build out of the company’s manufacturing capability in Washington
in response to the growing demand for its products, as well as for general
working capital to further Wildflower’s interests.
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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Editor@QualityStocks.com
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