FLOOF - NetworkNewsBreaks - Flower One Holdings Inc. (CSE: FONE) (OTCQX: FLOOF) Featured in ROTH Equity Research Report
Flower One Holdings, Inc. (CSE: FONE) (OTCQX: FLOOF) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “FONE pre-announced 4Q19 revenues of $5.7M vs our $5.0M estimate, leading to FY19 revenues of $9.4M. The company reported several key brand partnerships on the quarter including Heavy Hitters, The Clear and Cookies which we believe will drive continued market share growth in NV. FONE guided revenues in the $8-10M range for 1Q20 due to a slower-than-expected integration of new brand strains into its core portfolio, but we remain confident in the company's long-term trajectory. Maintain Buy and C$4.00 PT.”
To request access to the full report, visit http://nnw.fm/DXCr3
About Flower One Holdings, Inc.
Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. By combining more than 20 years of greenhouse operational excellence with best-in-class cannabis operators, Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands. Flower One's flagship 400,000 square-foot greenhouse and 55,000 square-foot production facility is used for large scale cannabis cultivation, processing, and manufacturing. Flower One also owns and operates a second production facility in Las Vegas, with 25,000 square-feet of indoor cultivation and a commercial kitchen that will produce several of the nation's top-performing edible brands. Flower One produces a wide range of products ranging from wholesale flower, full-spectrum oils, and distillates to finished consumer packaged goods including flower, pre-rolls, concentrates, edibles, and topicals for the top-performing brands in cannabis.
The Company's common shares are traded on the Canadian Securities Exchange under the Company's symbol "FONE", in the United States on the OTCQX Best Market under the symbol "FLOOF" and on the Frankfurt Stock Exchange under the symbol "F11". For more information, visit: https://flowerone.com.
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