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://ibn.fm/Kwuhp
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
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