Wildflower Marijuana Receives City of Parksville Support
January 23rd, 2015
News, Top Story
Wildflower Marijuana Inc. (CSE: SUN), a marijuana company advancing two applications to grow and distribute medical marijuana under an MMPR license with Health Canada, recently announced an agreement with the City of Parksville to purchase city land for the purpose of developing and operating a state-of-the-art medical marijuana production facility on 15 acres of public land pending approval from Health Canada.
“We are extremely happy to have the support of the City of Parksville,” said Wildflower Marijuana President and CEO William Maclean. “It is central to cultivate a strong relationship with the communities we work in, and to be good neighbours. The Mayor and the people of Parksville have given us an exciting opportunity to fulfill those goals, and we look forward to a long and productive relationship with the City.”
The City of Parksville originally approached Wildflower, while pursuing a license for a facility on ALR land in Nanoose Bay, with a proposition to bring a development to Parksville. The Closing of the purchase will take place on or before February 15, 2016, depending on when Wildflower obtains its approval to build from Health Canada, and is conditional on Wildflower obtaining its license to produce and sell medical marijuana. The purchase price of the land will be determined by independent appraisers and is estimated to be around $870,000.
“The City of Parksville recognizes the short and long term benefits to the local economy Wildflower will bring with an MMPR license which includes capital spending, good paying full time jobs and an increased tax base,” said Mayor Marc Lefebvre in a letter to Health Canada. “There is a strong support in the community for pursuing opportunities which will diversify our economy and allow for the retention and attraction of skilled professionals. We believe Parksville is an ideal City to locate a medicinal marijuana facility”.
Wildflower is advancing two applications to grow and distribute medical marijuana under an MMPR license with Health Canada. The company’s proprietary growing system is designed to maximize crop yields and consistently produce pure clean pharmaceutical grade BC marijuana for patients and cannabinoid research.
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