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Wildflower Brands Inc. has activated its California distribution licence.
Wildflower Brands Inc. has activated its California distribution licence. This was achieved through the construction of a secure distribution hub that meets state compliance requirements.
Distribution is a vital component in the California regulatory environment for cannabis. Any cannabis-based products going from cultivation or manufacturing to retail must go through a licensed distributor. The licensed distributor is where state taxes are collected. With the company’s activated licence, Wildflower is now able to perform these functions.
This activated distribution licence enables Wildflower to distribute all cannabis products throughout the state of California.
Chief executive officer William MacLean stated: “Having an active distribution licence will allow Wildflower to act as an inventory clearinghouse for existing dispensaries and other plant-touching businesses. The distribution licence is a relatively new phenomenon in California and Wildflower is in discussions with various parties to monetize this licence within the city of L.A.”
About Wildflower Brands Inc.
Wildflower Brands is a cannabis company focused on developing and designing branded products in the cannabis and health care sectors. The company develops proprietary product lines using tetrohydrocannabinol or cannabidiol by taking traditional herbal medicines and applying the most advanced science, technology and know-how to create quality products for the health-conscious consumer. Wildflower works exclusively in jurisdictions where cannabis is legal or regulated.
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Source: www.stockwatch.com
