Sweet Flower Expands Premium Cannabis Retail Footprint in Southern California


Receives Essential Approval From Culver City Following Historic Award in Pasadena

July 30, 2019 06:08 AM Eastern Daylight Time

CULVER CITY, Calif.–(Business enterprise WIRE)–Accelerating a fast ascent to the forefront of the market, Sweet Flower—a cannabis life style brand committed to modernizing the cannabis buyer experience—announces that the City of Culver City authorized its application to proceed to Step 1(c) of the Culver City Business enterprise Permit Storefront Retail Application process.

Accordingly, topic to final approval, Sweet Flower is one particular of only 3 applicants authorized to proceed additional to receive a retail license in Culver City, from a field of 23 applicants. In addition, Sweet Flower has been not too long ago awarded a retail license in the City of Pasadena, one particular of only six retail licenses awarded in Pasadena, from a field of 122 applicants.

With these important approvals and awards in competitive license markets, Sweet Flower drastically expands its marquee presence in the premium Los Angeles cannabis retail industry, joining its areas in Los Angeles – on Melrose, in Studio City, in Westwood, and in the Downtown Los Angeles Arts District – to create the most differentiated, scaled premium retail footprint in Higher Los Angeles.

Not only has Sweet Flower achieved a 100% good results price for competitive license awards, winning in all areas it has applied for, it is the only California cannabis firm to safe important approvals and license awards in each Culver City and Pasadena. Each awards and approvals stay topic to place approvals, conditional use permits and final approvals by every city.

“Our choice by each Culver City and the City of Pasadena validates our vision, our group and our execution, and demonstrates our capability to receive premium licenses in the most competitive of markets and to compete with any person, such as massive multi-state operators. Our group of seasoned pros, from businesses such as Google, Snap, Equinox and Time Warner, is focused on developing the premier Southern California cannabis retail brand, with shops in premium areas, giving finest-in-class service, education and expertise to our quickly developing buyer base,” states Tim Dodd, CEO of Sweet Flower. “It’s a privilege to be developing and operating a accountable, licensed premium cannabis enterprise in the biggest legal industry in the United States. We appear forward to operating with each other with Culver City, the City of Pasadena, the City of Los Angeles and neighboring cities to expand our independently owned and responsibly operated cannabis enterprise, and to deepen our engagement with our clients and the communities we serve.”

After authorized, the Culver City retail place will come to life at the heart of the city across from WeWork, Equinox, and the globe-renowned Sony Photographs lot. The Pasadena and Culver City markets afford Sweet Flower a substantial strategic presence in the Los Angeles industry, conveniently accessible to just about every Angeleno, complementing Sweet Flower’s current premium licensed areas to present a finest-in-class retail footprint in Los Angeles. Sweet Flower’s geographical presence is bolstered by Westwood (serving West LA, Brentwood, Santa Monica, Pacific Palisades, projected Q4 2019), Studio City (Hollywood Hills, Mulholland, San Fernando Valley), Melrose (Beverly Hills, West Hollywood, Hollywood, Mid-Wilshire), and Downtown LA Arts District (DTLA, East LA, and Southland, projected Q4 2019).

About Sweet Flower

Sweet Flower is a cannabis life style retail brand committed to modernizing the cannabis buyer expertise. The hallmarks of the Sweet Flower expertise are unparalleled buyer service, the highest excellent, locally sourced solutions, and retail environments distinguished by their design and style and inviting ambience. Founded in 2018, the firm is headquartered in Culver City, California. Sweet Flower is committed to becoming an inclusive and diverse employer and to addressing the demands of the communities it serves.

This news release consists of “forward-hunting info” inside the which means of applicable securities legislation. All statements, other than statements of historical truth, incorporated herein are forward hunting info. Commonly, forward-hunting info might be identified by the use of forward-hunting terminology, or by the use of words or phrases which state that specific actions, events or final results might, could, would, or may well happen or be accomplished. There can be no assurance that such forward-hunting info will prove to be precise, and actual final results and future events could differ materially from these anticipated in such forward-hunting info. This forward-hunting info reflects the existing beliefs of Sweet Flower and is primarily based on info at present readily available to Sweet Flower and on assumptions that Sweet Flower believes are affordable. These assumptions consist of, but are not restricted to, the capability of Sweet Flower to receive the licenses and full the buildout transactions described above and the anticipated added benefits to Sweet Flower of the transactions described above. Forward-hunting info is topic to recognized and unknown dangers, uncertainties and other elements that might lead to the actual final results, level of activity, efficiency or achievements of Sweet Flower to be materially distinct from these expressed or implied by such forward-hunting info. Such dangers and other elements might consist of, but are not restricted to: common enterprise, financial, competitive, political and social uncertainties common capital industry situations and industry rates for securities the failure of Sweet Flower to full the transactions described above the actual final results of future operations competitors and adjustments in legislation affecting Sweet Flower. The forward-hunting info contained in this news release represents the expectations of Sweet Flower as of the date of this news release and, accordingly, is topic to modify just after such date. Having said that, Sweet Flower expressly disclaims any intention or obligation to update or revise any forward-hunting info, no matter whether as a outcome of new info, future events or otherwise, except as expressly necessary by applicable law.

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