VANCOUVER, British Columbia, March 22, 2018 (GLOBE NEWSWIRE) -- Wildflower Marijuana Inc. (CSE:SUN) (FWB:RSP)
(“Wildflower” or the "Company") entered into a Procurement and Transfer of Goods Agreement with one of California’s largest
distributors through its licensed partner. As part of this agreement, Wildflower has entered into a Marketing Program
Agreement to support sales. The structure of this arrangement is in order to comply with California regulations and replaces
the previous agreement through which King products were being distributed.
The agreement contemplates the future sale of Wildflower branded products as soon as available within the
regulated market.
With the acquisition of the multiple California licenses announced on March 19, 2018, Wildflower will have the
ability to manufacture its products in Los Angeles and sell through one of the largest distributors in California.
Wildflower CEO, William MacLean stated, “We are pleased to have navigated the complex California regulatory
requirements and finalized our distributor arrangement as this now paves the way for future purchase orders for King and Wildflower
products. This distribution, combined with the ability to manufacture, will allow Wildflower to gain further market
penetration into the world’s largest regulated cannabis market.”
About Wildflower Marijuana Inc.
Wildflower is a cannabis company focused on developing and designing branded cannabis products. Wildflower sells its CBD+
products online and to retailers throughout the US and also produces and markets its THC products in regulated cannabis
jurisdictions.
On Behalf of the Board of Directors
“William MacLean”
____________________________________
William MacLean
Director and CEO
THIS NEWS RELEASE, PROVIDED PURSUANT TO APPLICABLE CANADIAN REQUIREMENTS, IS NOT FOR DISTRIBUTION TO
U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.
THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS,
AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION OR APPLICABLE EXEMPTION FROM
REGISTRATION REQUIREMENTS.
Cautionary and Forward-Looking Statements
This news release contains forward‐looking statements and
forward‐looking information within the meaning of applicable securities laws. These statements relate to future
events or future performance. All statements other than statements of historical fact may be forward‐looking
statements or information. Forward‐looking statements and information are often, but not always, identified by
the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will",
"project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar
expressions.
Forward-looking statements and information are provided for the purpose of providing information about the
current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such
statements and information may not be appropriate for other purposes, such as making investment decisions. Since
forward‐looking statements and information address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number
of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general such as
operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions;
ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals
and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place
undue reliance on the forward‐looking statements, timelines and information contained in this news release.
Readers are cautioned that the foregoing list of factors is not exhaustive.
The forward‐looking statements and information contained in this news release are made as
of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or
information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws
or the Canadian Securities Exchange. The forward-looking statements or information contained in this news release are expressly
qualified by this cautionary statement.
The Canadian Securities Exchange Inc. has in no way passed upon the merits of the proposed transaction and
has neither approved nor disapproved of the contents of this press release.
400-1505 West 2nd Ave,
Vancouver, B.C., V6H 3Y4
Tel: (604) 559-0420
www.wildflower.ca
info@wildflower.ca
