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
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