- The
signature gourmet edible cannabis products will be launched in the final
quarter of 2019
- Strategic
hires as a part of research and development investment have been known to
play a primary role in the growth of cannabis industry representatives
- Flowr
Corporation has also announced the engagement of strategic communications
and advisory firm ICR as part of the company’s efforts to enhance investor
relations and broaden corporate communication
Canadian chef Ryan Reed will be partnering up with The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on
the development of signature edible cannabis products. The Flowr Corporation
announced that it would be hiring Reed on March 1, 2019. Hiring a renowned chef
enhances the already significant investment that the company has made in
research and product development, Flowr Co-CEO Tom Flow said in a company news
release (http://ibn.fm/mE2ub).
Ryan Reed is an Iron Chef and Chopped winner.
He won the ‘Victoria Chef of the Year’ award in 2011. As part of the
collaboration with Flowr, Reed will work with the company’s research and
development team to create new, high-quality cannabis edibles. The products are
expected to target premium clients, a market that is in line with Flowr’s brand
philosophy.
The unique gourmet products are expected to be launched in
the final quarter of 2019, following the anticipated legalization of edibles
and infused products throughout Canada.
“Bringing Ryan into the fold is the next step in a focused
R&D strategy that has created a competitive advantage for Flowr and will
keep us on the cutting edge of cannabis innovation,” Flowr chief policy and
medical officer Dr. Lyle Oberg said in a news release.
According to Reed, a kitchen and a cultivation facility both
need leaders with technical mastery to promote innovation. Working with Tom
Flow and the Flowr team is expected to result in gourmet, sophisticated edibles
that will cater to the needs of the premium market, Reed concluded.
Analytical reports suggest that an investment in research
and development, including strategic hires, ranks among the factors that create
the most value for cannabis companies. Flowr has fully embraced this
philosophy, and the latest corporate developments stand as evidence of the
company’s plans for strategic growth.
Apart from announcing the partnership with Reed, Flowr
Corporation has also released information about the engagement of ICR for the
purpose of enhancing the company’s investor relations.
ICR is a leading strategic communications and advisory firm.
ICR’s financial media expertise and extensive knowledge in the cannabis sector
are expected to improve Flowr’s communication with stakeholders and investors,
Flow said. In addition, ICR will be tasked with broadening the financial
community’s understanding of the differentiated Flowr business model, he
underlined. Over the coming six months, ICR will provide comprehensive investor
relations management and corporate communication services.
The Flowr Corporation is a Health Canada licensed producer
of premium cannabis products. The company was co-founded by MedReleaf
co-founder Tom Flow and a team of industry pioneers. The corporation’s
purpose-built cultivation facilities rank among the most advanced in the
industry, resulting in high crop yield for the creation of premium and
ultra-premium cannabis products.
For more information, visit the company’s website at www.Flowr.ca
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