Flower One Holdings Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kellen O'Keefe
- Full Time Employees
- 38
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- The Guinness Tower Vancouver BC Canada V6E 2E9
- IPO Date
- Oct 12, 2018
- Website
- flowerone.com
- Similar Companies
- Business
- Flower One Holdings Inc. (FLOOF) operates as a leading cannabis cultivator, producer, and full-service brand fulfillment partner primarily in Nevada, focusing on medical and recreational markets through cultivation, processing, production, packaging, and wholesale distribution of cannabis products. The company offers a comprehensive range of core products including dry flower, pre-rolls, cannabis oils, full-spectrum distillates, concentrates, edibles, beverages, topicals, and infused products; it manufactures under its own NLVO brand and provides contract services for prominent third-party brands such as Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket’s, The Clear, and HUXTON. Flower One maintains extensive facilities comprising a flagship 400,000 square-foot high-tech greenhouse, a 55,000 square-foot production facility, and a 25,000 square-foot indoor cultivation site with commercial kitchen in North Las Vegas, Nevada, enabling high-volume, just-in-time fulfillment for dispensaries and consumer brands; founded prior to its 2018 public listing on the Canadian Securities Exchange and OTCQX, it is headquartered in Vancouver, Canada, with primary operations in the U.S. state of Nevada. In recent developments within the last two years, Flower One secured a $10.1 million term loan financing from an existing shareholder and achieved successful modifications to its term debt and master lease agreements as part of ongoing restructuring efforts to enhance cash flow, reduce interest obligations, and fund facility improvements amid post-COVID recovery. The company raised additional capital through a $5 million non-brokered private placement of units and pursued further debt amendments, while appointing key executives including Araxie Grant as permanent CFO and Tim Shoemake as COO to support operational turnaround and profitability goals. Earlier strategic moves included an exclusive brand partnership with ALTWELL for CBD products and a completed Canadian restructuring under the Companies’ Creditors Arrangement Act involving its subsidiaries Flower One Corp. and FO Labour Management Ltd., reflecting efforts to stabilize finances and position for growth in Nevada's cannabis sector.
CSE Bulletin: Expiry - Flower One Holdings Inc. 18SEP2023 Warrants (FONE.WT.B)
Nevada Cannabis Firm Flower One Expands C-Suite With New Hire
Flower One Confirms $10.1M Financing, Cannabis Company's Leadership Agrees To Pay Cuts
Alan Brochstein On Cannabis Investing In 2022 (Video Transcript)
Flower One Issues Shares To Debenture Holders In Amount Of CA$0.62M
New Cannabis Leader Emerges In California — Cannabis Daily November 30, 2021
Flower One Holdings Inc. (FLOOF) CEO Kellen O'Keefe on Q3 2021 Results - Earnings Call Transcript
Flower One Posts EBITDA Loss In Q3 As It Takes 'Necessary Steps' To Achieve Positive Cash Flow
Flower One Raises $5M Via Non-Brokered Private Placement Of Units
Flower One Announces Closing of its Non-Brokered Private Placement
Flower One To Webcast Live at VirtualInvestorConferences.com on September 9th
Flower One Holdings Inc. (FLOOF) CEO Kellen O'Keefe on Q2 2021 Results - Earnings Call Transcript
Flower One Revenue Spikes 373%, Exceeds Guidance, Partners With CBD Brand ALTWELL
Flower One Reports Record Revenue in Second Quarter 2021, Following Successful Restructuring
Flower One Announces Exclusive Strategic Brand Partnership with ALTWELL and Appointment of Nikki Brown to the Company's Advisory Board
Flower One Announces Exclusive Brand Partner Agreement with the Miss Grass Brand in the State of Nevada
Cannabis Industry Investor Presentations Now Available for On-Demand Viewing
Flower One Issues Common Shares in Satisfaction of Interest Payment Obligations Under Its 9.5% Unsecured Convertible Debentures
Flower One Q1 2021 Revenue Spikes 53% YoY, Expects To Post Record Revenue In Q2
Flower One Provides Fifth Bi-Weekly Status Report in Relation to its Interim Filings