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Flower One’s President & CEO, Kellen O’Keefe, Appointed as an Advisory Board Member to Weldon Angelos’ “The Weldon Project”

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Flower One Holdings Inc. (CSE: FONE, OTCQX: FLOOF) announces the appointment of President & CEO Kellen O’Keefe to the advisory board of The Weldon Project, a group focused on cannabis-related criminal justice reform. O’Keefe expressed his commitment to helping secure the release of cannabis prisoners and promote a fairer justice system. The Weldon Project, founded by Weldon Angelos, aims to assist individuals incarcerated for cannabis offenses, advocating for expungements and pardons.

Positive
  • Kellen O’Keefe's appointment to The Weldon Project may enhance Flower One's reputation for social responsibility.
  • Involvement in criminal justice reform could positively influence public perception and potentially attract more investors.
Negative
  • Concerns may arise regarding the potential distraction from core business operations due to O’Keefe's additional commitments.

The Weldon Project’s Mission [GREEN] foundation works to secure the release of cannabis prisoners and create pathways to expungement or pardons

LAS VEGAS--(BUSINESS WIRE)-- Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce that the Company’s President & CEO, Kellen O’Keefe, has been appointed to the advisory board of Weldon Angelos’ “The Weldon Project.”

“I am proud to be joining The Weldon Project to help secure the release of cannabis prisoners and to support the foundation’s efforts to create a more fair criminal justice system,” said Kellen O’Keefe, Flower One’s President and CEO.

“Having known and worked with Kellen for a long time, I believe in his commitment to our united efforts towards criminal justice reform, and I look forward to the future of this foundation,” said Mission [GREEN] Founder, Weldon Angelos.

Weldon Angelos began his journey for social equity and social justice reform after he was sentenced to a 55-year prison term in 2003 for selling less than $1,000 worth of cannabis. Mr. Angelos was eventually released from prison in 2016 after serving 13 years of his term and was then granted clemency. Following his release, Mr. Angelos launched Mission [GREEN], an initiative dedicated to securing clemency for those currently incarcerated for cannabis-related offences and to create pathways for expungements or pardons.

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 (Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket’s, The Clear, HUXTON, and Flower One’s leading in-house brand, NLVO, and more). Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis. Flower One’s Nevada footprint includes the Company’s flagship facility, a 400,000-square-foot high-tech greenhouse and 55,000-square-foot production facility, as well as a second site with a 25,000-square-foot indoor cultivation facility and commercial kitchen. Flower One has built an industry-leading team focused on making high-quality cannabis accessible to all.

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.

About Mission Green

Mission Green is an initiative of The Weldon Project (“TWP”), a 501(c)(3) non-profit organization that works to bring together leaders impacted by the criminal justice system and unlikely allies from both political parties to push for criminal justice solutions. TWP works directly with lawmakers, advocacy groups, incarcerated individuals, and the White House on a broad range of criminal justice issues and advocates on behalf of currently or formerly incarcerated drug offenders who were sentenced to prison for nonviolent drug offenses. TWP has adopted a multifaceted approach to addressing the injustices and disparities in sentencing for drug offenses and the collateral consequences of drug-related arrests and convictions. TWP redresses these injustices and disparities through policy reform, legislative advocacy, and impactful direct service programs designed both to secure release of nonviolent drug offenders from anti-recidivism efforts.

The MISSION [GREEN] initiative was launched to focus on individuals incarcerated for cannabis-related offenses in the federal criminal justice system. The Mission Green campaign is led by socially conscious people who have been impacted by the justice system and have lived through the issues these advocacy organizations are working to address. The people most harmed by the criminal justice system are uniquely qualified to create and champion the solutions that will begin to transform it. You can learn more online at www.theweldonproject.org.

Cautionary Note Regarding Forward-Looking Information

Statements in this press release that are not statements of historical or current fact constitute “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of United States securities laws (collectively, “forward-looking statements”). Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from historical results or from any future actual results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “potential,” “should,” “may,” “will,” “plans,” “continue” or other similar expressions to be uncertain and forward-looking.

Forward-looking statements may include, without limitation, the Company’s leadership as a cannabis cultivator, producer, innovator and full-service brand fulfillment partner; and the production of a wide range of products for the nation’s top-performing brands.

The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement, the “Cautionary Statement regarding Forward-Looking Information” section contained the Company’s management’s discussion and analysis for the three and nine months ended September 30, 2021 (the “MD&A”). All forward-looking statements in this press release are made as of the date of this press release. The forward-looking statements contained herein are also subject generally to assumptions and risks and uncertainties that are described from time to time in the Company’s public securities filings with the Canadian securities commissions, including the Company’s MD&A. Although Flower One has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended.

Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this press release are made as of the date of this release. Flower One disclaims and does not undertake any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR THEIR REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Flower One Investor Relations

ir@flowerone.com

Kellen O’Keefe, President & CEO

702.660.7775

Flower One Media

media@flowerone.com

Source: Flower One Holdings Inc.

FAQ

What is Flower One's recent involvement with The Weldon Project?

Flower One's CEO Kellen O’Keefe has been appointed to the advisory board of The Weldon Project to support cannabis-related criminal justice reform.

How might Kellen O’Keefe's role in The Weldon Project affect Flower One?

His involvement could enhance Flower One's reputation for social responsibility and attract investors interested in ethical business practices.

What is the mission of The Weldon Project?

The Weldon Project aims to secure the release of cannabis prisoners and create pathways for expungements and pardons.

What are the stock symbols for Flower One?

Flower One's common shares trade as FONE on the Canadian Securities Exchange, FLOOF on the OTCQX in the U.S., and F11 on the Frankfurt Stock Exchange.

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