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Flower One Holdings Inc FLOOF

Healthcare Cannabis
Flower One Holdings Inc. is a Canada-based cannabis cultivation, production, licensing, and wholesale company. The Company produces a range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including pre-rolls, concentrates, edibles, topicals, and other brands in cannabis. It offers cannabis brands such as Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket’s, HUXTON, and its in-house brand, NLVO, and more. The Company, through its subsidiaries, holds a range of investments such as commercial-scale cannabis greenhouse, cannabis production facility, indoor cultivation facility and a fully licensed commercial kitchen space, located in North Las Vegas, Nevada. Its subsidiaries include Flower One Corp., FO Labour Management Ltd., Cana Nevada Corp., CN Labor Management, Inc., CN License Co I, Inc., CN License Co III, Inc, North Las Vegas Equipment Co., Inc, North Las Vegas Equipment Co. III, Inc. and North Las Vegas Services, Inc.


GREY:FLOOF - Post by User

Flower One Holdings Inc > Cash cost per gram comparison, Flower One surpassing others
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Comment by GreekRocket36on Sep 24, 2019 6:12pm
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Post# 30160895

RE:RE:RE:RE:RE:Cash cost per gram comparison, Flower One surpassing others

RE:RE:RE:RE:RE:Cash cost per gram comparison, Flower One surpassing othersthis stock IPO'd at $2 and went all the way down to $1.30 before hitting $3+. Using your logic, it would have been wise to sell at $1.30. The whole cannabis space is getting hit, without discrimination. 220m share @ $1.80 = CAD$400m or USD$300m + $30m in debt = $330m EV. Take their sales projections, divide them into 2 and you still get one of the most attractively priced stock in the universe, with significant scale in one of the best markets and a founder/advisory group with roots in running greenhouse operations, not to mention 10+ brands that signed deals with these guys and presumably toured the facilities. I remain long, and will add opportunistically. Unless its complete scam, which I doubt it is given all the brand partnerships, I think this is one of the best cannabis opportunities in the space.  
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