The Flowr Corp. (TSX.V: FLWR), a Canadian Licensed Producer of premium cannabis products, this morning announced the appointment of the company’s CEO, Vinay Tolia, to its Board of Directors. Tolia will be replacing David Towill, who is stepping down from the company’s board effective October 26, 2018. In addition, FLWR has engaged Independent Trading Group Inc. (“ITG”) to provide market maintenance services in compliance with the guidelines of the TSX Venture Exchange and other relevant legislation. FLWR will pay CAD $5,000 per month to ITG during the period of the agreement, which will last a minimum of three months. The primary reason for the agreement is to maintain market stability and liquidity for Flowr’s common shares.
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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 designed cultivation facilities utilizing their own patented growing systems. Flowr’s investment in research and development ensures that its cultivation team is 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, follow Flowr on Twitter: @FlowrCanada; Facebook: Flowr Canada; and Instagram: @flowrcanada or visit the company’s website at www.Flowr.ca
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