Flower One Holdings Inc FLOOF

Solid third quarter earnings report

[Trenton]

Easy to see how this company is on track to reach $100M+ revenue by 2020 - a longer-term stock hold, but the gains are going to be well worth it. Keep in mind it has only been thirteen months since the company went public - what other company do you know that has achieved as much as Flower One has in that little time?! 

Third Quarter Highlights

• Commenced initial flower sales from Nevada’s largest commercial greenhouse in August 2019;
• Launched Nevada’s largest cannabis extraction and production facility in September 2019 – a 55,000 square foot facility adjacent and adjoined to the Company’s 400,000 square foot greenhouse;
• Revenue was $2.5 million, with sequential quarterly growth of 292% and representing seven weeks of sales from the greenhouse;
• Net income totaled $15.7 million;
• Gross margin before fair value adjustments of $0.6 million, or 25%;
• Entered three new brand partnerships – plus three more subsequent to quarter end bringing the total number of brand partners managed by the Company to 15;

Additional Highlights Subsequent to Quarter End

[Rightone]

Seriously Trenton - are you one of the principals.  maybe explain why this has dropped another 7.5 cents with all the "great news posts" you are writing.  This company is starting to stink really bad and the stock which should be going to $4.00 is fast approaching 10 cents  ..  it is all bullshit