CannabisNewsWire
CannabisNewsWire

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LimeLight of The week is

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF)

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The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Health Canada Licensed Producer (LP) of cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR), is an emerging Canadian cannabis leader founded by Medreleaf co-founder Tom Flow and a team of industry pioneers, successful start-up executives and top industry scientists. Flowr’s purpose-built cultivation facilities may be the most advanced in the industry, consistently generating high crop yields, delivering premium and ultra-premium cannabis products, and maximizing return on investment. The company also may be an R&D leader as it was selected by the Hawthorne Gardening Division of The Scotts Miracle-Gro Company as its exclusive Canadian cannabis R&D partner.

Investment Considerations

  • High quality, non-irradiated “whole flower” cannabis to be produced at scale with focus on optimizing crop yields and quality to maximize profitability and return on investment
  • Co-founder Tom Flow is a world renown cultivation expert and co-founder of MedReleaf (acquired by Aurora Cannabis for C$3.2 billion)
  • General shortage of high-quality cannabis flower in Canada expected over near term – Flowr’s 60,000 kg targeted capacity will help fill this gap while commanding premium prices
  • Cultivation facilities designed to support ultra-high yields with each room targeting six harvests and an industry leading ~450 g/SF/year once optimized resulting in relatively low cost of goods sold
  • Targeting medical and adult-use markets, all with a focus on high margin, premium cannabis to drive top and bottom line growth.
  • Scotts Miracle-Gro subsidiary is funding construction of a first-of-its-kind R&D facility under an exclusive R&D alliance with Flowr
  • Named one of the initial suppliers to the Liquor Distribution Branch (LDB), British Columbia’s sole legal wholesaler of non-medical cannabis
  • Strong management team with 50+ years of industry experience
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CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.

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