VANCOUVER, British Columbia – Rubicon Organics Inc. (“Rubicon Organics” or the “Company”) (CSE:ROMJ | OTCQX:ROMJF), is pleased to announce that it has entered into a brand licensing agreement (the “Agreement”) with Wildflower Brands Inc. (“Wildflower”) (CSE:SUN).
Under the Agreement, Wildflower will license its brand and intellectual property to Rubicon Organics for the production of Wildflower-branded CBD Relief Sticks and CBD Cool Sticks in Canada (collectively “Wildflower Products”). Rubicon Organics will manufacture and distribute the Wildflower Products in Canada with product launch expected to be in the first half of 2021.
“Wildflower has developed a track record as a trusted brand with proven intellectual property and consumer appeal. The market for topicals is still greenfield in Canada and Rubicon Organics is excited to be one of the first companies to launch products in this market segment, planned for release in the first half of 2021. Our agreement with Wildflower fits inside our portfolio of premium products and allows us to leverage our sales, marketing and operating expertise,” says Jesse McConnell, Chief Executive Officer.
ABOUT RUBICON ORGANICS INC.
Rubicon Organics Inc., through its wholly owned subsidiary Vintages Organic Cannabis Company Inc., holds a license to cultivate and process certified organic, premium cannabis at its flagship 125,000 sq. ft. state-of-the-art hybrid greenhouse located on a 20-acre property in Delta, BC, Canada. The Company is focused on achieving industry leading profitability through the development of the brand identity Simply Bare™️ Organic, that combines the sale of high-margin, premium organic products with low-cost sustainable production. The Company is currently ramping up to production capacity of 11,000 kg per year of certified organic and environmentally sustainable cannabis.
ABOUT WILDFLOWER BRANDS INC.
Wildflower is a Vancouver-based pioneer in the cannabis industry that develops, designs and operates brands throughout North America. Wildflower’s brands work together to make Wildflower a leader in cannabis innovation throughout the globe. The Company operates British Columbia’s largest retail cannabis chain under the brand City Cannabis Co.
