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/PRNewswire/ -- As Birch Event Design celebrates its 10th anniversary, it enters a new era of innovation and growth under the strategic leadership of newly...
Dried flower remains Canadians' top pot purchase in 2020 with over $2B sold Canadians bought more than $2 billion of dried flower cannabis products last year, while sales of edible products remained muted, according to Statistics Canada. StatsCan's quarterly retail commodity survey showed dried flower continued to dominate the legal Canadian recreational market, accounting for more than three-quarters of all sales. Roughly $2.01 billion of dried flower, which also includes pre-rolls, were sold in 2020, with the fourth-quarter seeing nearly double the amount sold from the prior year ...
Share: Highlights: Strategic Review Committee has commenced process of rightsizing headcount for immediate cost reductions, reducing annual operating expenses by approximately $2 million, excluding restructuring charges. The Company maintains a strong liquidity position with approximately $23.5 million in cash and cash equivalents as of March 31, 2021 with a $100 million base shelf prospectus available. Flowr has disposed of non-core licenses and operations in offshore jurisdictions. The Company expects approximately $5 million from non-core asset sales, including approximately 4 acres of ind...
Article content THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Feb. 10, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“ Flowr” or the “ Company”) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation as sole bookrunner and lead underwriter (the “ Lead Underwriter”) pursuant to which the Lead Underwriter has agreed, on behalf of a syndicate of underwriters (collectivel...
Flowr” or the “ Company”) provides commentary on the decision by INFARMED, I.P. (“ INFARMED”), Portugal’s National Authority of Medicines and Health Products, to approve the first market authorization which will allow a licensed producer of medical cannabis to release products in Portugal. “We applaud the decision by INFARMED, which was the first of its kind, to allow patients to have access to medical cannabis products in Portugal through indication-specific market authorizations. The Portuguese government is forward thinking in its approach to improving the quality of life for...