- Wildflower Brands Inc. sees annualized revenues exceeding $1 million for online sales
- The company’s diverse brands service customers nationwide, totaling distribution in over 300 stores
- The CBD product market is estimated to grow to $22 billion by 2022 and $75 billion by 2030
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a Vancouver-based cannabis company focused on developing and designing branded products in the cannabis sector, intends to become a global wellness leader through its strategic varied brands in the industry.
Wildflower Brands recently achieved more than 300 percent organic growth in online sales since January 2018, seeing annualized revenues exceeding $1 million. This marked the company’s ninth consecutive quarter of increased revenue, primarily due to its direct-to-consumer online store sales. The company’s distribution in other U.S. markets includes over 80 health care and wellness practitioners, totaling distribution in over 300 stores nationwide (http://cnw.fm/7xN15).
The company’s multiple brands work in synergy, allowing Wildflower to diversify its reach into the cannabis industry. King Extracts, a California-based company, was acquired in August 2017. Its focus is on cannabis technology and delivery systems, specifically in California. The company offers a discreet, 97mm small rechargeable vaporizer called the King Recharge. Its concentrates are “clean and sophisticated blends made from CO2 extractions” and are “fractionally distilled for clarity and purity… to deliver a robust, full-flavor profile.”
Wildflower Wellness, the eponymous brand of Wildflower Brands, is a CBD wellness company based in Vancouver and focused on establishing a brand reputation for uncompromising quality and trust. Wildflower’s products are available nationwide in more than 300 brick-and-mortar stores as well as online, and the brand is known for its “uncompromising quality and mission to connect people with the healing power of plants.” Wildflower Wellness products include CBD vaporizers, capsules, tinctures, soaps and topicals, all of which are backed by a 100 percent satisfaction guarantee.
Finally, Exclusive, a dispensary of high-quality cannabis products and accessories, serves the Los Angeles, California, area, with licenses to operate end-to-end in the regulated market. The company “enjoys a close association with select hospital oncology departments and community programs.”
These distinct brands enable Wildflower Brands to engage multiple industries, sharing its expertise in CBD-infused products. The lucrative U.S. CBD market is estimated to grow to $22 billion by 2022 (http://cnw.fm/wX0tr) and $75 billion by 2030 (http://cnw.fm/E4M6n).
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://cnw.fm/WLDFF
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