The Flowr Corp. Archives

FridaySep 21, 2018 1:47 pm

QualityStocksNewsBreaks – The Flowr Corp. and The Needle Capital Corp. Successfully Complete Qualifying Transaction

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, together with The Needle Capital Corp., this morning announced the successful completion of the qualifying transaction under the policies of the TSX Venture Exchange (the “TSXV”). In accordance with a business combination agreement entered into between Needle, Flowr and 2652253 Ontario Inc. ("Subco"), Needle and Flowr completed a transaction that resulted in a reverse takeover of Needle by the shareholders of Flowr to form the resulting issuer. Flowr and Needle attained conditional approval for the transaction from the TSXV on September 12, 2018 and the…

WednesdaySep 12, 2018 1:55 pm

QualityStocksNewsBreaks – Marijuana Stocks Surge as Conventional Companies Invest in the Industry through Partnerships

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article discussing the current surge of marijuana stocks on Fool.com titled, “The Only Marijuana Stock That Fell in August” authored by Sean Williams. The article attributed the rise in marijuana stocks to the approaching legalization of recreational marijuana in Canada. The second catalyst, per the article, is the growth in mainstream businesses striking up deals with major cannabis industry players. Constellation Brands, Inc. (NYSE: STZ), for instance, announced a $3.8 billion equity stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)…

TuesdaySep 11, 2018 2:02 pm

QualityStocksNewsBreaks – The Flowr Corp.’s Experienced Executive Team Attracts Attention Prior to RTO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article discussing noteworthy players in the cannabis industry on Benzinga.com titled, “Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week” authored by Javier Hasse. Among other highlights, the article mentioned Flowr’s recently closed offering of subscription receipts, which raised approximately C$36 million ahead of the company’s planned reverse takeover (“RTO”) anticipated to take place early to mid-September. “On the private side, MedReleaf founders have moved on to build the Flowr Corp. and maybe they can repeat the…

FridaySep 07, 2018 10:05 am

QualityStocksNewsBreaks – Mainstream Businesses Evaluate Opportunity in the Cannabis Sector

Altria Group, Inc. (NYSE: MO), the parent company of Phillip Morris and owner of many prevalent cigarette brands, was recently highlighted in an article on MarijuanaMoment.net titled, “Tobacco Giant Altria Is ‘Exploring Options’ On Marijuana” authored by Chris Roberts. Per the article, Altria is assessing opportunities concerning the cannabis industry. Major names in the alcohol industry and other mainstream consumer companies are showing an increasing interest in the cannabis sector as well. Constellation Brands, Inc. (NYSE: STZ), for instance, acquired a large stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) recently. The Flowr Corp., a vertically-integrated Canadian licensed producer…

WednesdaySep 05, 2018 12:16 pm

QualityStocksNewsBreaks – The Flowr Corp. Names New CEO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, recently named Vinay Tolia as the company’s incoming CEO, pending regulatory approval. As the managing member of Bengal Capital Trading LLC, a derivatives trading firm with a focus on listed equity options, Tolia brings financial experience to the role as well as a deep knowledge of the cannabis industry. Per the release, Tolia was an early investor in Flowr and served as an advisor to the company. “Vinay will bring great knowledge, skill and energy to the role along with a passion for Flowr’s mission,”…

TuesdaySep 04, 2018 11:23 am

QualityStocksNewsBreaks – The Flowr Corp. Announces Close of C$36M Offering

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, this morning announced that it has closed its offering of subscription receipts, which was previously oversubscribed and raised approximately C$36 million. Per the update, the offering is a further step toward completing the company’s previously announced plan to effect a reverse takeover of The Needle Capital Corp., which is anticipated to occur on or before September 10. “Completing this oversubscribed offering is another exciting milestone on Flowr’s journey to producing the finest cannabis experience in the world as well as an acknowledgement of investors’ belief in…

FridayAug 31, 2018 11:35 am

QualityStocksNewsBreaks – The Flowr Corp. Prepares to Join the Growing Ranks of Publicly Traded Cannabis Companies

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…

ThursdayAug 30, 2018 10:47 am

QualityStocksNewsBreaks – The Flowr Corp. Chairman and Chief Strategist Discusses Company Activities, Outlook in Interview on The Brave New Weed Podcast

The Flowr Corp. Chairman and Chief Strategist Steve Klein was recently interviewed on The Brave New Weed Podcast hosted by Joe Dolce. The Flowr Corp. is a Canadian licensed producer that focuses primarily on premium flower production. Among other highlights, Klein discussed the company’s partnership with Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co. “When we got our license in Canada we signed a deal with them to design and build a 50,000 sq. ft. R&D facility,” Klein stated in the interview. “We should be breaking ground by September right next door to our flagship facility in the Kelowna…

MondayAug 27, 2018 11:12 am

The Flowr Corporation is “One to Watch”

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…

FridayAug 24, 2018 11:54 am

QualityStocksNewsBreaks – The Flowr Corp. Partners with Scotts Miracle-Gro Company (NYSE: SMG) Subsidiary to Conduct Cannabis Testing

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in a Bloomberg article titled, “Scotts Miracle-Gro Tests Whether It Can Make Pot Grow Too,” authored by Kristine Owram. Per the article, Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co., is partnering up with Flowr to build a 50,000-square-foot research facility on the same site as Flowr’s grow-op in Kelowna, British Columbia. Firstly, the new lab will test Hawthorne’s lights and nutrients on cannabis, with plans to ultimately conduct more in-depth studies on the plant. Currently producing 250 grams a square foot…

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