VANCOUVER, British Columbia, Aug. 12, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Wildflower Brands Inc. (CSE: SUN, OTC: WLDFF) (the “Company”) is excited to announce that BC’s Liquor and Cannabis Regulation Branch has issued a Cannabis Retail Store license to City Cannabis Co’s 2317 Cambie Street location and their Comox Valley location on Vancouver Island. Wildflower recently acquired City Cannabis Co and with their third and fourth locations in B.C. City Cannabis is at the forefront of the BC retail cannabis market.
The Cambie Street location’s design is focused on an all-natural look and feel with a state of the art interactive experience. It is two blocks away from the intersection of Broadway and Cambie which is one of the busiest corners of the city. The location will be connected by two Skytrain rapid transit lines (Broadway-UBC coming soon) and is situated amongst high traffic big-box stores including Whole Foods, Save-On-Foods, Canadian Tire, Best Buy, Home Depot, London Drugs, Winners and one of the busier BC Liquor stores in Vancouver. The growth experienced within the retail trade area of Cambie Village has a measurable trajectory that is extremely favorable.
City Cannabis’s Comox location is located in the heart of Downtown Comox and will be the first licensed store to support the entire Comox Valley area that holds a population of 68,000 residents. In the summer this population grows significantly with Vancouver Island being named a top North American vacation destination. This sector is supported by businesses providing accommodation, food services, transportation, retail, arts and culture as well as recreation. This significant local and transient population represents a substantial trade opportunity in BC.
William MacLean, CEO of Wildflower Brands, says, “City Cannabis Co’s experience and history of operations for over five years in the most cultured cannabis market in the world has allowed them to accumulate priceless data that has been used to design this one of a kind store. This will provide consumers with a state of the art retail experience not seen anywhere else in the world.”
ABOUT CITY CANNABIS CO.
City Cannabis is a premier cannabis retailer recently acquired by Wildflower Brands and holds three of the eight City of Vancouver licenses to sell cannabis and the only company with four licenses in the Province of B.C. City Cannabis has been profitably operating various dispensaries in Vancouver since Vancouver commenced licensing cannabis retailers.
The addresses of the four City Cannabis Locations in BC are:
- Robson - 610 Robson Street, Vancouver, BC
- Cambie - 2317 Cambie Street, Vancouver, BC
- Fraser - 7291 Fraser Street, Vancouver, BC
- Comox - 215 Port Augusta Street, Comox, BC
For more information about City Cannabis, visit citycannabis.co.
ABOUT WILDFLOWER BRANDS INC.
Wildflower Brands is a Vancouver-based company developing and designing brands that focus on plant-based health and wellness products. All of our brands work in synergy, toward becoming a global wellness leader.
For more information about Wildflower Brands, visit wildflowerbrands.co. To learn, engage and shop our wellness products visit buywildflower.com.
Investor Relations Contact:
ir@wildflowerbrands.co
1-604-559-0420
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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.
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