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.

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Flower One Holdings Inc > what is happening with FONE

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Comment by Socrates88on Feb 04, 2021 7:34am

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RE:RE:RE:RE:RE:RE:RE:RE:what is happening with FONE

Your analysis is on point. Also note that margins in wholesale are very thin in Nevada as there is lots of production and the largest customers grow their own. Growing cannabis in a heavily regulated and heavily taxed industry is simply not that profitable. This won't end well. Illegal products from CA and Oregon/WA also depress prices.

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