Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) this morning announced that a cannabis store application in the Vancouver Island city of Comox, British Columbia, has been granted ‘Approval in Principle (“AIP”)’ by the Provincial Liquor and Cannabis Regulation Branch. This morning’s update follows a prior release noting Wildflower’s entry into a letter of intent to acquire City Cannabis Co., a cannabis retailer holding two of the three City of Vancouver licenses to sell cannabis and the only company with multiple licenses in the Province of British Columbia. With the AIP from the province and a letter of recommendation from the city, City Cannabis is just a final inspection away from becoming fully licensed, per this morning’s update. “City Cannabis is no doubt the fastest growing multiple location cannabis retailer in BC,” William MacLean, CEO of Wildflower, stated in the release. “The team has demonstrated their ability to find the best locations, but more importantly, the knowledge and ability to work with regulators at all levels has meant success in licensing that is unmatched. We look forward to completing the acquisition and bringing together two phenomenal companies.”
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About Wildflower Brands
Wildflower Brands is a Vancouver-based company developing and designing brands that focus on plant-based health and wellness products. All of the company’s brands work in synergy, toward becoming a global wellness leader. For more information, visit the company’s website at www.WildflowerBrands.co
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