Sweet Flower, the largest owner-managed retailer in Los Angeles, opens a flagship store in Culver City and announces record-breaking 2021 results

THE ANGEL, January 21, 2022 /PRNewswire/ — Sweet flower, Southern California leading cannabis retailer, announces the opening of its flagship store in the global creative capital, Culver City, California, on January 21, 2021, which completed a three-year performance-based application process in which Sweet Flower took first place for one of just three retail and delivery licenses, ahead of a large field of national MSOs and regional operators Culver City, Consolidating the market position of Sweet Flower as The angel’ leading cannabis trader.

(PRNews photo/Sweet Flower)

The opening of Sweet Flower Culver City makes Sweet Flower the largest and highest quality owned and operated cannabis retailer in the city The angel.

Sweet Flower Culver City joins Sweet Flower’s existing brick-and-mortar retail and delivery network The angel, including its multiple shops in and serving Westwood, Brentwood and santa monica, Melrose, Mid-City and West Hollywood, studio city, Sherman Oaks and The Valley, and Downtown Los Angeles and the LA Arts District.

Sweet Flower Culver City is located in the heart of Culver City, directly across from Apple Studios, Sony Pictures and Equinox, a quarter mile from Amazon Studios, Warner Media and HBO and within a 1.5 mile radius of a resident population of over 100,000, and will be the first and so far only pharmacy in the most limited license market in California.

“The launch of Sweet Flower Culver City builds on our achievements in 2021, where despite the sinking and darkness elsewhere in California Cannabis, Sweet Flower grew sales by over 50% organically in 2020, improved gross margin by double digits and worked with an impressive number of brands and celebrities on exclusive product launches, including Chelsea handler, Seth Rogen, Lionsgate, HBO Max, MGM, Tove Lo, CANN and Houseplant, among many others, in the largest and most competitive legal cannabis market in The United States,” said Tim Dodd, CEO and co-founder of Sweet Flower. Dodd added: “The highly anticipated launch of our Culver City Flagship reflects our longstanding commitment to our community and represents the communities hardest hit by the war on drugs. A quarter of the products launched at Sweet Flower Culver City are Black-owned brands, more than 12 times the average government ownership, and our team has one of the highest indices of diversity and inclusivity in the industry, with one more higher diversity rank in our corporate leadership team,” continued Dodd.

The story goes on

Sweet Flower is preparing three more licensed locations California for launch in early/mid 2022, including Sweet Flower Pasadena and Sweet Flower Fresno, is doubling its store count in 2022 from 2021 and also has several active licensing activities underway California.

This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein, other than statements of historical fact, are forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects Sweet Flower’s current views and is based on information currently available to Sweet Flower and assumptions that Sweet Flower believes to be reasonable. Such forward-looking information contained in this press release represents Sweet Flower’s expectations as of the date of this press release and accordingly is subject to change after such date. However, Sweet Flower expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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SOURCE Sweet flower

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