The Flowr Corp. (“FLOWR”), a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article on TheStreet.com titled, “Will Investors Be Ready to Digest All the New Cannabis Stocks?” authored by Debra Borchardt. The article shines a light on the array of cannabis-related businesses that have recently filed and completed initial public offerings (“IPOs”). One such company is the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), which was noted in the article to have recently picked up steam. Other companies with recent debuts include MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) and Tilray (NASDAQ: TLRY). As the article notes, FLOWR is planning a reverse takeover (“RTO”) that is anticipated to take place early to mid-September, and the company intends to list its shares on the TSX Ventures Exchange. FLOWR boasts an impressive executive team with experience in the cannabis industry, including president Tom Flow, a founder and former COO of MedReleaf. The company is engaged in the cannabis industry through building and operating large-scale, GMP compliant cultivation facilities applying its own patented growing systems.
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About The Flowr Corp.
The Flowr Group (Okanagan) Inc., through its subsidiaries, is a vertically-integrated Canadian cannabis company focused on the natural science of cannabis. With head offices in Markham, ON and production in Kelowna, BC, Flowr builds and operates large-scale, GMP compliant cultivation facilities utilizing its own patented growing systems. Flowr’s investment in research and development ensures that its master growers are able to supply patients with consistent, high-quality medicinal cannabis. With a sense of craftsmanship and a spirit of innovation, Flowr is also well positioned with a line of premium quality cannabis products for the upcoming adult-use market. Flowr recently signed a Memorandum of Understanding to supply premium cannabis to the British Columbia Liquor Distribution Board which will be the sole retailer of non-medicinal cannabis in the province following the October 17 legalization of adult recreational consumption. The company announced earlier in the year that it had been selected by the Hawthorne Canada subsidiary of The Scotts Miracle-Gro Company for an exclusive strategic R&D alliance. Flowr also has announced its intention to list shares on the TSX Ventures Exchange. For more information, visit the company’s website at www.FlowrCo.ca.
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