Wednesday, September 12, 2018

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) recently. Another example of a mainstream consumer company investing in the growing sector is demonstrated by Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co., partnering up with the Flowr Corp. to build a 50,000-square-foot research facility on the same site as Flowr’s grow-op in Kelowna, British Columbia. Although the purpose of this endeavor is to study Hawthorne’s lighting, nutrient, and soil solutions concerning genetics and yield of cannabis crops, there’s no telling where a partnership of this nature could lead to.

To view the full article, visit http://ibn.fm/bV6EJ

About The Flowr Corp.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

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