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Flowr Corp V.FLWR


Primary Symbol: FLWPF

The Flowr Corp is a Toronto-headquartered cannabis company with operations in Canada and Europe. Its Canadian operating campus, located in Kelowna, BC, includes a purpose-built, GMP-designed indoor cultivation facility; an outdoor and greenhouse cultivation site; and a R&D facility that is awaiting licensing from Health Canada. From this campus, Flowr produces recreational and medicinal products. Internationally, it intends to service the global medical cannabis market through its subsidiary Holigen, which has a license for cannabis cultivation in Portugal and operates GMP licensed facilities in Portugal.


GREY:FLWPF - Post by User

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Post by ezemoneyon May 22, 2022 10:41am
176 Views
Post# 34701064

Financials Released

Financials ReleasedNAV has dropped to10c/sh so the company was trading at a discount of 50% not including enterprise value.  Dillution is the big culprit for the NAV drop but not a gross float size.
Sales are impressive so I lower my rating from Strong Buy to Buy.

Compared to many in the peer group not bad as unfortunately many companies have been really financially trashed but are still trading above NAV.
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