Wildflower Marijuana In the Green Amidst a Sea of Red – MicroSmallCap

Small-cap marijuana firm Wildflower Marijuana (CSE:SUN) is up 4.61% today on the news that the firm has secured a $720,000 CAD purchase order. Per-share prices closed at $1.59 CAD, bringing Wildflower’s market cap to $96.7M.

While there is no information on who placed the order, the company said in a statement that the ‘substantial’ amount is for Wildflower Marijuana’s line of ‘King’ branded products. It comes after the company – which is based in Vancouver, Canada – announced the acquisition of licenses in Los Angeles, California.

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CEO William MacLean said: “This purchase is indicative of the demand for the King product in the California market … We anticipate continued demand as the adult use market expands and look forward to the launch of Wildflower products once these 16 licenses have been acquired.” 

Wildflower is predominantly a CBD-based company, which sets it apart from most marijuana firms whose products tend to contain THC. THC and CBD are both active components in cannabis, but while THC is responsible for the psychological effects – A.K.A the

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