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 > congrats

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Comment by Bobowskion Dec 17, 2019 3:11pm

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RE:RE:RE:RE:RE:congrats

Not sure if they will become a national leader, but I do agree they are a sleeper. They are in position to dominate the Nevada market with the greenhouse, production facility and kitchen fully built out (no more capex) and are the lowest cost producer in a well regulated and growing Nevada market. Should be a ble to sell everything they can produce (140,000 lbs at $2,200 a pound is $300 million in revenue) by 2022. That would imply a market cap of $1.2 billion (4 times annual revenue) or $6.65 a share ($1.2 bullion divided by 180 million shares) and that is good enough for me.

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