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INVESTOR NEWSLETTER – JANUARY 2020
CSE: FONE  QTCQX: FLOOF

On behalf of all of us at Flower One, Happy New Year!
 
Today we are pleased to debut the Flower One Investor Newsletter.

At the beginning of each month. we will be sending you a newsletter to recap key company news and events, highlight select industry developments, and introduce you to various members of the wonderful team we have at Flower One.

In the coming days, we will also provide a recap of Flower One's operating highlights of 2019.

We hope you find this regular communication helpful and informative and we look forward to keeping you updated on our progress throughout 2020.
 
Sincerely,

President and CEO

 

Flower One Partners with Kiva Confections, Leading California
Edible Producer

November 26, 2019

Flower One announces its brand partnership with California-born Kiva Confections, bringing their industry-leading, premium cannabis confections to the Nevada market for the first time. A nine-year old industry leader known for their precise, discreet, and delicious edibles, Kiva’s presence in Nevada is expected to redefine consumers’ expectations of cannabis confections. 


Read the full press release

Flower One Partners with Cookies, Preeminent California Cannabis and Lifestyle Brand

November  4, 2019

Flower One announces its brand partnership agreement with California-based Cookies, a brand widely recognized throughout the cannabis market for producing some of the highest quality and most diverse cannabis cultivars in the world.


Read the full press release


REPORTS STRONG Q3 2019 EARNINGS
November 26, 2019

Flower One reported Q3 revenue for the third quarter was $2.5 million, an increase of 292% on a sequential quarterly basis. The increase is primarily from the beginning of flower sales out of the Company’s greenhouse in August 2019 and cannabis derived products out of the greenhouse in September 2019.

Read the full press release

CLOSES ON SALE-LEASEBACK WITH TREEHOUSE REIT
November 18, 2019

Flower One has closed the previously announced sale-leaseback agreement with Treehouse Real Estate Investment Trust, Inc. ("Treehouse") for the Company’s 25,000 square-foot indoor cultivation and production facility in North Las Vegas for US$20,000,000.


Read the full press release
OUR TEAM
Globe and Mail Q&A with Flower One CEO
In a recent interview with the Globe and Mail, Ken Villazor, CEO, commented on Flower One’s long-term growth plan. The Company will focus on Nevada and going deeper into that market before expanding. 

“Every brand will want shelf presence in Las Vegas, because you have a consumer who is motivated to purchase cannabis, and they’re going to be exposed to your brand, and then they’re going to go back to their home market. So if you want to build brand equity, we believe that the value proposition is there to say to brands: one market you definitely want to be in is Vegas.”
– Ken Villazor 

Read the full article
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