Flower One Holdings Inc FLOOF

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.

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Flower One Holdings Inc > Market Glut

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Post by payton Oct 23, 2018 3:50pm

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Market Glut

Just some facts and figures.. " When combined with the Company's 80,000 plants per cycle, this combined 480,000 square feet of cultivation and production will result in annual cultivation of over 148,000 pounds." Price per pound.. "Dry Flower Buds = USD $2,799 per lb" 148,000 tines $2799 = $414,252,000.00 per year Trouble is the total market is only.. " According to State officials, Nevada's fast-growing marijuana industry had revenue in its first fully legalized year totaling $529.9 million, including $424.9 million for recreational use1.

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