- A
majority of Canadian cannabis users identified quality and safety as top
factors in choosing where to purchase cannabis
- Canada’s
Shoppers Drug Mart is now the exclusive direct-to-patient online provider
of FlowrRx products
- Flowr
grows premium cannabis with a goal of non-irradiation using production
methods that are expected to generate high crop yields at low operating
costs
Medicinal cannabis patients in Canada are rightly concerned
about how cannabis products prescribed by their physicians are produced.
According to Canada’s national statistical agency, Statistics Canada, 76
percent of medical cannabis patients responding to the Q4 2018 ‘National
Cannabis Survey’ identified quality and safety as the top factors used in their
decision-making process when choosing where to fill their prescriptions (http://ibn.fm/yRfzw).
The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a
Canadian licensed producer of premium cannabis products, cultivates its
cannabis in a purpose-built facility with controlled environments engineered to
grow premium cannabis in rooms that meet pharmaceutical industry production
standards for cleanliness. Control over cultivation and innovative practices
result in a cost-efficient cultivation process. As the company notes, high
yields per square foot are key to ensuring low operating costs and profitability.
Flowr aims to avoid irradiating its final product, something
that approximately 80 percent of other cannabis companies do, according
to Cannabis Tech (http://ibn.fm/gRISH).
Flowr’s commitment to delivering a clean cannabis product that meets Health
Canada’s strict testing requirements with a goal of no irradiation sets it
apart, as CEO Vinay Tolia explained in a podcast (http://ibn.fm/ieuOV), noting
that “the plant needs a lot of TLC.”
Medical cannabis patients can now purchase Flowr’s premium
FlowrRx products through the Shoppers Drug Mart online medical cannabis
platform, as the company recently announced in a news release (http://ibn.fm/juq7F). This
direct-to-patient distribution agreement with Shoppers Drug Mart provides
medical cannabis patients with several options.
“Flowr’s premium medical cannabis is grown in what we
believe is the industry’s most advanced GMP designed cultivation facility. This
relationship is testament to our commitment to ultra-high-quality cannabis
cultivation and further solidifies Flowr’s role in Canada’s medical cannabis
landscape,” Tolia said in the news release.
Canada opened up recreational cannabis to adult users in
October 2018 and has since released new regulations governing cannabis-infused
edibles and beverages, along with cannabis concentrates, which are set to be
legalized in mid-October 2019. According to Stratistics MRC, the global
cannabis market accounted for $10.39 billion in 2017 sales and is expected to
reach $154.82 billion by 2026, growing at a compound annual growth rate of 35
percent during the forecast period (http://ibn.fm/bpoFd).
For more information, visit the company’s website at www.Flowr.ca
NOTE TO INVESTORS: The latest news and updates
relating to FLPWF are available in the company’s newsroom at http://ibn.fm/FLWPF
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480.374.1336 Office
Editor@QualityStocks.com
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