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Flower One Holdings Inc. (CSE: FONE, OTCQX: FLOOF) announced the rescheduling of its Q3 2021 financial results filings to November 29, 2021, due to newly appointed CFO Araxie Grant enhancing financial processes. This will be followed by a conference call on November 30, 2021, at 10:00 a.m. ET. Flower One is a leading cannabis cultivator in Nevada, producing diverse cannabis products for major brands and operates from a 400,000 sq. ft. greenhouse and additional facilities. The company emphasizes its commitment to best practices in operations.
Flower One Holdings Inc. (CSE: FONE, OTCQX: FLOOF) announces its 2021 Q3 financial results release scheduled for November 17, 2021, post-market close. A conference call will occur the following day, November 18, at 10:00 a.m. ET, to discuss these results. Participants can join via phone or a live webcast. Interested parties are encouraged to log in 15 minutes early. A replay will be available until November 17, 2022. Flower One is a leading cannabis cultivator in Nevada, producing various products for notable brands.
Flower One Holdings Inc. has announced a collaboration with Justin Bieber and Palms to launch limited-edition PEACHES pre-rolls in Nevada. This partnership aims to raise awareness for social justice and mental health, supporting the Veterans Walk and Talk and the Last Prisoner Project. The PEACHES pre-rolls will be available in select dispensaries starting October 4th. Flower One is the largest cannabis producer in Nevada, with a focus on quality and compliance in the industry.
Flower One Holdings Inc. has appointed Araxie Grant as Chief Financial Officer, effective October 11, 2021. Ms. Grant brings nearly two decades of financial experience across various industries, including gaming and sports. Her role is expected to enhance the company's financial controls and processes, driving growth in the competitive Nevada cannabis market. Flower One is a leading cannabis cultivator in Nevada, focusing on a wide range of cannabis products and partnerships with top brands. The company aims to solidify its market position under Ms. Grant's financial leadership.
Flower One Holdings Inc. has successfully closed the initial tranche of a non-brokered private placement, raising US$5M. The company aims to enhance its operational facility to boost production quality and profitability. An option exists to increase the placement by an additional US$10M, totaling US$15M. Flower One issued 50 million units, each consisting of a common share and a warrant, exercisable at $0.25 until September 27, 2024. The funds will support critical improvements and general corporate needs.
Flower One Holdings, a leading cannabis producer in Nevada, announced a live presentation by CEO Kellen O'Keefe at VirtualInvestorConferences.com on September 9, 2021, at 3:00 PM ET. This interactive online event will allow investors to engage in real-time Q&A. The company recently reported an impressive $18.3 million revenue for Q2 2021, surpassing its guidance and marking a 373% year-over-year increase. Flower One boasts two of the top three cannabis brands in Nevada, Cookies and its in-house brand NLVO.
Flower One Holdings has reported a record revenue of $18.3M for Q2 2021, exceeding guidance and marking a 373% year-over-year increase. The adjusted EBITDA loss reduced to $0.6M from $1.9M a year prior. The successful restructuring of Convertible Debentures decreased debt from $40.7M to $16.3M, enhancing cash flow. Despite a net loss of $15.2M, improved yield and sales mix indicate strong momentum. The Company aims to drive profitability and has added strategic brand partnerships.
Flower One Holdings has announced a strategic brand partnership with ALTWELL, a California-based cannabinoid wellness brand, and the appointment of co-founder Nikki Brown to its Advisory Board as of August 10, 2021. This partnership aims to enhance Flower One's edible and beverage capabilities, promoting a diverse range of wellness products in Nevada. ALTWELL + products are expected to launch in Q4 2021, expanding Flower One's market presence in the health and wellness sector.
Flower One Holdings Inc. (CSE: FONE, OTCQX: FLOOF, FSE: F11) will release its Q2 2021 financial results after market close on August 11, 2021. The company, a leading cannabis cultivator in Nevada, will host a conference call on August 12, 2021, at 10:00 a.m. ET to discuss these results. The call is accessible via telephone and will also be webcasted. Flower One emphasizes its status as a full-service brand fulfillment partner, producing a diverse range of cannabis products, including flower and extracts.
Flower One Holdings has announced a partnership with Miss Grass, becoming the exclusive brand partner for their products in Nevada. This collaboration aims to introduce various cannabis offerings, including Miss Grass Minis and Flower, in the state. President Kellen O’Keefe emphasized the importance of education and consumer connection in this venture. Miss Grass products are expected to launch in Q4 2021, featuring pre-rolls and premium flower. As the largest cannabis producer in Nevada, Flower One continues to expand its market presence.
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