VANCOUVER, British Columbia, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Wildflower Brands Inc. (CSE: SUN, OTC:WLDFF) (“Wildflower” or the "Company") is pleased to announce it has engaged DelMorgan Group LLC ("DelMorgan") to provide strategic advisory services. With over 150 years of combined experience and over $250 billion in successfully completed transactions, the professionals at DelMorgan are ideally suited to assisting Wildflower going forward.
Rob Delgado, Chairman of DelMorgan, stated, "We believe Wildflower is the preeminent CBD company in the world, and by engaging DelMorgan, Wildflower has teamed up with a trusted advisor and partner to further its recognition in North America and worldwide.” Neil Morganbesser, DelMorgan’s President & CEO, commented, “Through our engagement and by aligning our interests with Wildflower, DelMorgan can ensure that our reputation and passion for success are effectively joined with Wildflower’s ambitions, and we look forward to working with the Wildflower team to help them realize those ambitions." Chris Delgado, Managing Director at DelMorgan, added, “We are very excited about the growth opportunities for Wildflower’s vision in Canada and in the United States, and we are impressed with the serious interest being expressed in the industry by institutional investors.”
As consideration for the advisory services, the Company has agreed to issue 200,000 common shares to DelMorgan, in accordance with regulatory requirements.
ABOUT WILDFLOWER BRANDS
Wildflower Brands is a company headquartered in Vancouver building reputable brands and quality products that incorporate the synergistic effects of plants and their extracts.
ABOUT DELMORGAN GROUP
Headquartered in Santa Monica, California, DelMorgan (www.delmorganco.com) is a globally recognized investment bank providing world-class strategic transactional advice and assistance to companies, institutions, governments and individuals around the world. DelMorgan’s services are fundamentally centered on achieving its clients’ aims to consummate strategically important transactions and to enhance shareholder value.
“William MacLean”
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William MacLean
Director and CEO
Cautionary and Forward-Looking Statements
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general such as operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Canadian Securities Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
The Canadian Securities Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release.