NetworkNewsBreaks – The Flowr Corporation (TSX.V
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Posted On: 01/24/2019 5:19:08 PM
NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Health Canada Approval to Open Additional Grow Rooms at its Kelowna 1 Cultivation Facility
The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer (“LP”) of premium cannabis products, this morning announced that it has attained approval from Health Canada to open additional grow rooms at its Kelowna 1 cultivation facility. Flowr expects to commence growing in some of the rooms immediately, doubling its current capacity and bringing the facility to 50% completion by increasing the total number of rooms in operation to 10. Upon completion, which is anticipated by the third quarter of this year, the 85,000 square foot facility is expected to have a total of 20 grow rooms and produce roughly 10,000 kilograms of premium cannabis flower on an annualized basis. “We’re building out our capacity as planned to ensure we can meet the growing demand for our products from our provincial partners and under our new medical cannabis supply agreement with Shoppers Drug Mart,” Flowr Co-CEO Tom Flow stated in the news release. “The shortage of premium adult-use cannabis we predicted has become a reality since last October and ramping up our facilities will provide much-needed, high-quality product to the market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer (“LP”) of premium cannabis products, this morning announced that it has attained approval from Health Canada to open additional grow rooms at its Kelowna 1 cultivation facility. Flowr expects to commence growing in some of the rooms immediately, doubling its current capacity and bringing the facility to 50% completion by increasing the total number of rooms in operation to 10. Upon completion, which is anticipated by the third quarter of this year, the 85,000 square foot facility is expected to have a total of 20 grow rooms and produce roughly 10,000 kilograms of premium cannabis flower on an annualized basis. “We’re building out our capacity as planned to ensure we can meet the growing demand for our products from our provincial partners and under our new medical cannabis supply agreement with Shoppers Drug Mart,” Flowr Co-CEO Tom Flow stated in the news release. “The shortage of premium adult-use cannabis we predicted has become a reality since last October and ramping up our facilities will provide much-needed, high-quality product to the market.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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