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FLWPF News and Press, The Flowr From 05/23/22

Stock Information

Company Name: The Flowr
Stock Symbol: FLWPF
Market: OTC

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FLWPF - Flowr GAAP EPS of -C$0.15, revenue of C$3.8M

Flowr press release (OTCPK:FLWPF): Q4 GAAP EPS of -C$0.15. Revenue of C$3.8M (+137.5% Y/Y). During the year, the company sold 6,627,052 grams of dried cannabis flower, an increase of 372% as compared to the prior year. The company has expanded in format sizes beyond is signature 3.5 gram jars...

FLWPF - The Flowr Corporation Announces Fourth Quarter and Full Year 2021 Results

Highlights: In 2021, the Company generated gross revenue of approximately $14.9 million and generated gross revenue of $4.3 million during the fourth quarter. During the year, the Company sold 6,627,052 grams of dried cannabis flower, an increase of 372% as...

FLWPF - The Flowr Corporation Announces Cease Trade Order and Suspension of Trading

TORONTO, May 11, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (“Flowr” or the “Company”) (TSXV: FLWR, OTC: FLWPF) announces that the Ontario Securities Commission has issued a cease trade order (“ CTO ”) against the Company for the Company...

FLWPF - Cannabis cultivator Akanda stock nosedives 71%

Cannabis cultivator and distributor Akanda (AKAN) saw its shares nosedive 71% in afternoon trading Monday. Shares of AKAN, which went public in March, opened at $8.50 and hit a high of $8.53 before plunging into negative territory. The stock recently change hands at $2.63, down 71%, at 2:00 p...

FLWPF - The Flowr Corporation Announces Cease Trade Order to Be Issued by Ontario Securities Commission

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (“Flowr” or the “Company”) (TSXV: FLWR, OTC: FLWPF) announces that it will be issued a cease trade order (“ CTO ”) by the Ontario Securities Commission by virtue of not filing t...

FLWPF - The Flowr Corporation Completes Sale of Holigen Holdings and Private Placement for $1 million

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (“ Flowr ” or the “ Company ”) (TSXV: FLWR, OTC: FLWPF) announces that, further to its press release dated April 20, 2022, Flowr has closed the sale of its indirect wholly-owned subsidiary, H...

FLWPF - The Flowr Corporation Announces Application for Management Cease Trade Order

TORONTO, April 22, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (“Flowr” or the “Company”) (TSXV: FLWR, OTC: FLWPF) announces that it anticipates a delay in filing its annual financial statements and management’s discussion and analysis and related o...

FLWPF - Flowr to sell Holigen for ~$35M

Cannabis company Flowr (OTCPK:FLWPF) has agreed to sell its wholly-owned subsidiary, Holigen Holdings, for ~$35M. Holigen entered into a share purchase deal with Akanda (NASDAQ:AKAN) and Cannahealth, a wholly-owned subsidiary of Akanda, pursuant to which the latter will acquire all of issued ...

FLWPF - Akanda to Acquire Portugal-based Holigen, Securing a Cannabis Sector Leadership Position in Europe, the Middle East and Africa (EMEA) with EU GMP Market Access

Transformational deal will add prized cultivation, manufacturing and distribution assets to accelerate Akanda’s seed-to-patient model and satisfy demand in fast-growing European cannabis markets Akanda will have immediate EU GMP certification, a significantly expanded p...

FLWPF - The Flowr Corporation Announces Sale of Holigen Holdings for $35 million

Highlights: Flowr has entered into a definitive agreement to sell Holigen to Akanda for aggregate consideration of approximately $35 million, including approximately $5.1 million of indebtedness being assumed by Akanda under the transaction, representing value of approxima...

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