VANCOUVER, British Columbia, April 03, 2018 (GLOBE NEWSWIRE) -- Wildflower Marijuana Inc. (CSE:SUN) (FWB:RSP)
(“Wildflower” or the "Company") has received its first purchase order pursuant to the recently announced Procurement and Transfer
of Goods Agreement for $720,000. This substantially sized PO is for Wildflower’s King branded products. The King brand
continues to be important while Wildflower establishes its own manufacturing base for its CBD+ product line up through the recently
announced acquisition of licenses in Los Angeles. This acquisition will allow for seed to sale production and distribution of
cannabis products. The acquisition of these 16 licenses will allow Wildflower to manufacture its own products in Los Angeles
for sale throughout California.
Wildflower CEO, William MacLean stated, “This purchase order is indicative of the demand for the King product in
the California market and represents a 20% growth over the first purchase order, despite fewer licensed retailers in
California. We anticipate continued demand as the adult use market expands and matures and look forward to the launch of
Wildflower products once these 16 licenses have been acquired.”
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
|