CannabisNewsWire
CannabisNewsWire

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for cannabis related companies

LimeLight of The week is

The Flowr Corporation (TSX.V: FLWR)

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The Flowr Corporation (TSX.V: FLWR), 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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