The Flowr Corp. (TSX.V: FLWR), a vertically integrated Canadian cannabis company, was the subject of a recent article published by Benzinga, titled ‘Canada’s Flowr Corp. Prepares To Go Public, Bets On Premium Cannabis, Eyes Global Expansion’. As noted in the article, Flowr went public via a reverse takeover of The Needle Capital Corp., allowing it to avoid the need for an IPO. The company intends to list on a U.S. exchange at a future date. “Many of the large producers need to irradiate all of their product to pass Health Canada inspection and that hurts the flavor and smell of the flower,” Steve Klein, chairman of Flowr, told Benzinga. “That’s why we believe that the low-quality, irradiated product will become commoditized… But there are only a few cultivators like Flowr that can grow high-end, non-irradiated flower, so we expect it to be in short supply based on the demand for it for many years to come.” The article goes on to detail Flowr’s progress toward the completion of its 85,000 square-foot production facility, as well as its plans to pursue international expansion.
To view the full article, visit http://nnw.fm/O2QXe
About The Flowr Corporation
Flowr, 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, B.C., Flowr builds and operates large-scale, GMP compliant cultivation facilities utilizing their 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. For more information, visit the company’s website at www.Flowr.ca
More from NetworkNewsBreaks
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]