FLWR

Craft Cannabis Cultivator Hamilton Farms Lands on Dispensary Shelves in New Jersey

Retrieved on: 
Thursday, April 18, 2024

Hamilton Farms announced today that it is delivering its inaugural harvest to dispensaries across the Garden State.

Key Points: 
  • Hamilton Farms announced today that it is delivering its inaugural harvest to dispensaries across the Garden State.
  • “We’re incredibly proud to be the smallest cultivator to grow and sell its cannabis in New Jersey to date.
  • Hamilton Farms believes that cannabis is more than just a product; it's an experience.
  • Visit our website at hamiltonfarms.com to learn more about Hamilton Farms and sign up for our newsletter to receive future issues of our seasonal harvest guide.

The Flowr Corporation To File for CCAA Protection

Retrieved on: 
Thursday, October 20, 2022

TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces today that the Company and its subsidiaries, The Flowr Group (Okanagan) Inc. (Flowr Okanagan), The Flowr Canada Holdings ULC (Flowr ULC) and Terrace Global Inc. (Terrace and collectively with the Company, Flowr Okanagan and Flowr ULC, the Flowr Group) will make an application for an order for creditor protection (the Initial Order) from the Ontario Superior Court of Justice (Commercial List)(the Court) under the Companies Creditors Arrangement Act (the CCAA).

Key Points: 
  • TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces today that the Company and its subsidiaries, The Flowr Group (Okanagan) Inc. (Flowr Okanagan), The Flowr Canada Holdings ULC (Flowr ULC) and Terrace Global Inc. (Terrace and collectively with the Company, Flowr Okanagan and Flowr ULC, the Flowr Group) will make an application for an order for creditor protection (the Initial Order) from the Ontario Superior Court of Justice (Commercial List)(the Court) under the Companies Creditors Arrangement Act (the CCAA).
  • After careful consideration of all available alternatives following thorough consultation with legal and financial advisors, the directors of the Company have determined that it is in the best interests of the Flowr Group to file an application for creditor protection under the CCAA.
  • The Flowr Group is seeking creditor protection under the CCAA in order to receive a stay of proceedings that will allow the Flowr Group to conduct a sale and investment solicitation process (SISP) and facilitate a transaction that sees the company emerge from CCAA protection as a going concern.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

The Flowr Corporation Announces Second Quarter 2022 Results

Retrieved on: 
Monday, August 29, 2022

TORONTO, Aug. 29, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces its financial and operational results for the second quarter results for the period ended June 30, 2022.

Key Points: 
  • TORONTO, Aug. 29, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces its financial and operational results for the second quarter results for the period ended June 30, 2022.
  • Selected highlights and financial results:
    Gross revenue for Q2 2022 was $3,289 compared to $2,406 in Q2 2021, an increase of 37%.
  • The Flowr Corporation is a Canadian cannabis company with its operating campus, located in Kelowna, British Columbia.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

The Flowr Corporation Announces Leadership Transition and Changes to Board of Directors

Retrieved on: 
Wednesday, August 10, 2022

Tom Flow, who has acted as Interim CEO of Flowr since March, remains on the Board along-side incumbents Joanne Lee and Ryan Roebuck.

Key Points: 
  • Tom Flow, who has acted as Interim CEO of Flowr since March, remains on the Board along-side incumbents Joanne Lee and Ryan Roebuck.
  • Id like to thank both the Board for the opportunity to lead Flowr and Tom for his leadership while serving as Interim CEO.
  • Stephen Arbib, Chairman of the Board commented:
    This is an exciting time for Flowr with the addition of Darren as CEO.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

The Flowr Corporation Announces Third Quarter 2021 Results and Provides Operational Update

Retrieved on: 
Monday, November 29, 2021

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) herein announces its financial and operational results for the three and nine months ended September 30, 2021.

Key Points: 
  • TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) herein announces its financial and operational results for the three and nine months ended September 30, 2021.
  • All financial information in this news release is reported in Canadian dollars and represents results from continuing operations, unless otherwise indicated.
  • Net revenue from Flowr Canada during Q3 2021 amounted to $2.3 million compared with $2.8 million in the same period of 2020.
  • At the end of Q3 2021, the Company has sold through the majority of the inventory produced in 2020 and early 2021.

The Flowr Corporation Announces Third Quarter 2021 Earnings Date

Retrieved on: 
Friday, November 12, 2021

TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces that the Company will release its third quarter results before the opening of financial markets on Monday, November 29, 2021.

Key Points: 
  • TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces that the Company will release its third quarter results before the opening of financial markets on Monday, November 29, 2021.
  • The Flowr Corporation is a Canadian cannabis company with operations in Canada and the European Union.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.
  • On behalf of The Flowr Corporation:

The Flowr Corporation - ATM Program Quarterly Update

Retrieved on: 
Saturday, September 25, 2021

TORONTO, Sept. 25, 2021 (GLOBE NEWSWIRE) -- Pursuant to the at-the-market equity program (“ATM Program”) of The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”), and as required pursuant to National Instrument 44-102 – Shelf Distributions and the policies of the TSX Venture Exchange (“TSXV”), the Company announces that, since the commencement of the ATM Program on June 1, 2021 to its first quarter ended June 30, 2021, it has issued an aggregate of 238,500 common shares of the Company (the “ATM Shares”) over the TSXV, for aggregate gross proceeds to the Company of $62,212.45. The ATM Shares were sold at prevailing market prices, for an average price per ATM Share of $0.27. Pursuant to the equity distribution agreement associated with the ATM Program (the “EDA”), a cash commission of $1,866.37 on the aggregate gross proceeds raised was paid to the agent in connection with its services under the EDA to June 30, 2021.

Key Points: 
  • The ATM Shares were sold at prevailing market prices, for an average price per ATM Share of $0.27.
  • The Flowr Corporation is a Canadian cannabis company with operations in Canada and the European Union.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.
  • On behalf of The Flowr Corporation:

The Flowr Corporation Awarded Gold Effie for Marketing Effectiveness

Retrieved on: 
Wednesday, September 22, 2021

TORONTO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) is pleased to announce that it is Effie Canada 2021 Gold Winner.

Key Points: 
  • TORONTO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) is pleased to announce that it is Effie Canada 2021 Gold Winner.
  • The Gold Effie was awarded to Flowrs Art and Science campaign under the category Small Budgets - Products.
  • Winning a gold Effie is a huge accomplishment and the culmination of all the hard work that Flowr, its people and partners have put in to make Flowr products and brand a standout in the Cannabis space, commented Alexandre Jalleau, SVP Marketing and Sales at Flowr.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

The Flowr Corporation Announces Resignation of Director

Retrieved on: 
Friday, September 10, 2021

TORONTO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announced today that Vince Gasparro has resigned from the Board of Directors of the Company.

Key Points: 
  • TORONTO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announced today that Vince Gasparro has resigned from the Board of Directors of the Company.
  • Mr. Gasparro commented: My resignation is for personal reasons and does not take away my enthusiasm for Flowr and its team.
  • The Flowr Corporation is a Toronto-headquartered cannabis company with operations in Canada and the European Union.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

The Flowr Corporation Announces Second Quarter and First Half 2021 Results

Retrieved on: 
Monday, August 30, 2021

TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) herein announces its financial and operational results for the three and six months ended June 30, 2021.

Key Points: 
  • TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) herein announces its financial and operational results for the three and six months ended June 30, 2021.
  • In addition to BC Strawnana, we are targeting to introduce multiple new, high-THC strains in 2021 and the first half of 2022.
  • As we look ahead to the second half of 2021, we are excited about the opportunities to continue growth in Canada and Portugal.
  • Net revenue for the first half of 2021 totaled $6.0 million compared with $3.1 million in the first half of 2020.