FLWPF - The Flowr Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
0.4402
+0.0112 (+2.61%)
At close: 3:56PM EDT
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Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.4290
Open0.4050
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.4050 - 0.4600
52 Week Range0.2423 - 5.6200
Volume135,878
Avg. Volume85,517
Market Cap48.253M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.1180
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    The Flowr Corporation Closes on Second Tranche of Private Placement of Debenture Units and Announces Executive Departures

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) today announced that it has closed a second tranche of its previously announced non-brokered private placement. The Second Tranche Offering is in addition to the CAD$20,041,000 in gross proceeds that the Company closed on April 27, 2020, bringing the total gross proceeds from both tranches to CAD$21,579,000.

  • GlobeNewswire

    The Flowr Corporation Announces First Quarter 2020 Earnings Release Update

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces that it has postponed the filing of its first quarter 2020 interim financial statements and related management discussion and analysis for the period ended March 31, 2020 (collectively, the “Interim Filings”) which were required to be filed by June 1st, 2020 under National Instrument 51-102 Continuous Disclosure Obligations (“NI 51-102”). The Company expects to report and file first quarter 2020 earnings on or before June 15th, 2020. In addition, the Company announces that, in accordance with applicable corporate and securities laws, and stock exchange rules, it has decided to delay holding an annual general meeting of shareholders until a later date in the second half of 2020.

  • GlobeNewswire

    The Flowr Corporation Announces Partnership with Terrace Global to Fund the Development and Operations of Holigen

    Flowr enters into a partnership agreement with Terrace Global to develop Flowr’s outdoor operations in Aljustrel, PortugalThe parties expect Terrace Global to fund at least C$3.

  • GlobeNewswire

    The Flowr Corporation Announces Fourth Quarter and Full Year 2019 Results

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) herein announces its financial and operational results for the fourth quarter and fiscal year ended December 31, 2019. The Company generated gross revenue of approximately $1.6 million in the fourth quarter and achieved the highest level of quarterly production to date. Average price per gram in the fourth quarter was $6.10 and for the full year was $6.99, excluding a bulk wholesale transaction, average price per gram in the fourth quarter would have been $6.61 and $7.12 respectively on a normalized basis.

  • GlobeNewswire

    The Flowr Corporation Announces closing of CAD $20 million Private Placement led by Insiders

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announced today that it has closed its previously announced non-brokered private placement of 20,041 Units (as defined below) for gross proceeds of CAD$20,041,000 (the “Offering”). The Company expects to use the proceeds of the Offering for general working capital purposes. The Company has the discretion to increase the Offering for an additional approximate CAD$5,000,000, bringing aggregate gross proceeds to CAD$25,000,000.

  • GlobeNewswire

    The Flowr Corporation Announces a CAD $20 million Private Placement led by Insiders & Fourth Quarter Earnings Date

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announced a non-brokered private placement for gross proceeds of CAD$20,000,000 (the “Offering”), with the ability, at the Company’s discretion, to upsize the amount to an aggregate gross proceeds of CAD$25,000,000. The Company expects to use the proceeds of the Offering for general working capital purposes. Chairman & Chief Strategist Steve Klein and Chief Executive Officer Vinay Tolia are leading the Offering with commitments in excess of $10 million.

  • GlobeNewswire

    The Flowr Corporation Announces Receipt of EU GMP Certification at Portuguese Facility

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announced that its wholly-owned subsidiary in Europe (“Holigen”) has received its Good Manufacturing Practice (GMP) certification in accordance with European Union standards, for its manufacturing facility in Sintra, Portugal. The GMP certification was issued by Infarmed, the Portuguese National Authority of Medicines and Health Products.

  • GlobeNewswire

    The Flowr Corporation Announces Restructuring Program and Provides Corporate Update

    Flowr provides a global operational update, which includes a headcount restructuring program to better align strategic objectives in light of the global COVID-19 pandemicThe.

  • Imagine Owning Flowr (CVE:FLWR) And Trying To Stomach The 92% Share Price Drop
    Simply Wall St.

    Imagine Owning Flowr (CVE:FLWR) And Trying To Stomach The 92% Share Price Drop

    This week we saw the The Flowr Corporation (CVE:FLWR) share price climb by 22%. But that isn't much consolation for...

  • Pot smokers stock up for pandemic on ‘the vice of choice when alone’
    MarketWatch

    Pot smokers stock up for pandemic on ‘the vice of choice when alone’

    As Americans faced seclusion due to the COVID-19 pandemic, shoppers in San Francisco had the option of stocking up on one popular product with a minimal amount of human interaction: Marijuana.

  • GlobeNewswire

    The Flowr Corporation Receives Health Canada Approval to Double Current Capacity at Flagship Kelowna 1 Facility Which is Now Fully Operational

    Kelowna 1 facility fully licensed with an estimated potential of annual capacity of 10,000 kilograms of premium cannabis flower once fully propagated. Newly licensed area also includes automated packaging equipment anticipated to reduce labor costs and COGS. State of the art irrigation system built for delivering essential nutrient feeds to produce clean, consistent, premium flower.

  • GlobeNewswire

    The Flowr Corporation Appoints New CFO and Announces Management Changes for Next Stage of Global Growth

    The Flowr Corporation Welcomes Irina Hossu as Chief Financial Officer and Announces Management Changes. TORONTO, Jan. 27, 2020 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that Ms. Irina Hossu will be joining the Company as its new Chief Financial Officer on March 29, 2020.

  • The Flowr Corporation (CVE:FLWR): Is Breakeven Near?
    Simply Wall St.

    The Flowr Corporation (CVE:FLWR): Is Breakeven Near?

    The Flowr Corporation's (CVE:FLWR): The Flowr Corporation cultivates, produces, and sells cannabis in Canada. The...

  • GlobeNewswire

    The Flowr Corporation Files Preliminary Short Form Base Shelf Prospectus & to Present at ICR 2020 and AltaCorp 2020 Investor Conference

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announced today that it has filed a preliminary short form base shelf prospectus (the “Shelf Prospectus”) with the securities regulators in each province of Canada, except for the Province of Quebec. “Although we have no immediate plans to raise capital through this Shelf Prospectus filing at this time, we believe it’s prudent to give the Company the flexibility to access capital in the future when opportunities emerge to continue executing on our global growth strategies,” said Vinay Tolia, Chief Executive Officer of The Flowr Corporation.

  • GlobeNewswire

    Pauric Duffy and Peter Comerford Announce Conversion of Preferred Shares of The Flowr Corporation

    Pauric Duffy (“PD”) and Peter Comerford (“PC”) announce today that certain Series 1 voting convertible redeemable preferred shares (the “Preferred Shares”) in the capital of The Flowr Corporation (“Flowr” or the “Issuer”) will be converted into Common Shares (as defined below) on February 20, 2020. PD and PC previously acquired, through DFT Trading Limited (“Pauric Holdco”) and Pleiades Trading Ltd. (“Peter Holdco”), respectively, indirect ownership of an aggregate of 32,632,545 Preferred Shares (the “Consideration Shares”) as partial consideration for the sale of their respective interests in Holigen Holdings Limited (“Holigen”).

  • BTV Finds Opportunities in the Cannabis and Resource Sectors
    Newsfile

    BTV Finds Opportunities in the Cannabis and Resource Sectors

    Vancouver, British Columbia--(Newsfile Corp. - December 5, 2019) - On national TV Sat. Dec. 7 & Sun. Dec. 8, 2019 - BTV- Business Television identifies movers in the cannabis and resource sectors giving investors exciting options.Discover Companies to Invest InClick company name to watch their TV feature:Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT) - BTV catches up with a cannabis company and their unique extraction method with almost two decades ...

  • GlobeNewswire

    The Flowr Corporation Announces Third Quarter 2019 Results and Provides Corporate Update

    The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) herein announces its financial and operational results for the third quarter ended September 30, 2019. In addition, the Company is providing a comprehensive corporate update to supplement third quarter 2019 results. The Company generated gross revenue of approximately $2.1 million and net revenue of approximately $1.3 million net of excise taxes, pricing concessions and product returns.

  • GlobeNewswire

    The Flowr Corporation Closes $25 Million Credit Facility

    The Flowr Corporation (TSXV: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it has closed its previously announced credit facility from a syndicate of lenders led by ATB Financial (“ATB”) and including Farm Credit Canada. The $25 million facilities consist of a $24.5 million recapitalization term facility and a $500,000 revolving operating credit facility (together the “ATB Credit Facilities”). Pursuant to conditions of the ATB Credit Facilities, Flowr will receive a first tranche of funding of approximately $20.05 million on closing with the remaining of the recapitalization term facility available subject to certain conditions.

  • Who Has Been Buying The Flowr Corporation (CVE:FLWR) Shares?
    Simply Wall St.

    Who Has Been Buying The Flowr Corporation (CVE:FLWR) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

  • 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk
    InvestorPlace

    7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk

    [Editor's note: This story will be updated each week with new stocks and analysis. Please check back often for Mark's latest take on marijuana penny stocks.]Marijuana penny stocks can be very attractive to those who like to invest in this highly risky sector of the equity markets. Given the growth potential of the industry, it is reasonable to assume that there are some stocks out there that will turn people into millionaires.You have to be very careful when investing in penny stocks. After all, they are penny stocks for a reason. Many of these companies will not survive, and the stock will ultimately become worthless.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe following companies may have some potential. They are either at support or in uptrends. But please note, these are not buy recommendations. I just wanted to give you some insights that may help you with your own investments. * 7 Worst Stocks in the S&P 500 in 2019 Without further ado, the marijuana penny stocks to watch this week are: Marijuana Penny Stocks: Hill Street Beverage Company Inc (BEER)Hill Street Beverage Company (TSE:BEER) produces and sells alcohol-free beer and wine.This company has a concept that I think could be very successful. It will make alcohol free beverages that are infused with cannabis as soon as cannabis edibles are legal in Canada. The beverages will be designed to emulate the intoxicating effects that alcoholic beverages produce. But its products will have what some consider significant advantages over traditional beverages.The benefits of Hill Streets beverages is that they have significantly less calories than regular beer or wine. In addition, consumption will not cause hangovers or ruin your liver. One of the most common effects that alcohol has on consumers is making them overweight due to the large amount of calories in beer and wine. Hill Street may have a solution to this problem.I expect alcohol-free, cannabis-infused beverages to eventually capture a large share of the traditional alcoholic beverage market. Exactus (EXDI)Exactus (OTCMKTS:EXDI) produces and sells hemp-derived cannabidiol products under its brand name and also to third-party resellers. It is also invested in hemp farms in Oregon.The company recently announced that it will exceed its initial production estimates of 20,000 lbs. of top flower. It also announced that it will begin to start taking orders from customers.In addition to this seemingly positive news, Exactus also announced that compliance testing on all of its fields conducted by the Oregon Department of Agriculture resulted in a 100% pass rate for all of the tested samples. * 7 Triple-'F' Rated Stocks to Leave on the Shelf Companies that grow cannabis on farms, as opposed to those that grow in greenhouses or indoor growing facilities, will have a large cost advantage. The costs associated with outdoor growing on farms can be as low as 10%-20% of the other methods. The Flowr Corporation (FLWPF)The Flowr Corporation (OTCMKTS:FLWPF) grows and sells cannabis in Canada.After its recent selloff, FLWPF stock found support around the $2.15 level. There was support here because it is where the lows were in December.Flowr just announced that it has made significant changes to its management team. Obviously it is too soon to know if this will turn the stock around, but it may be a step in the right direction.Ivan Latysh joined the company as chief technology officer. Most recently, he was with MedReleaf, one of Flowr's competitors. Bringing in a senior executive from a rival company could be a good move.Flowr also just announced that it has completed its acquisition of Holigen Holdings. This adds operations in Portugal and Australia. The company expects this to add annual capacity of 500,000 kilograms and allow it to become a significant producer in these countries. United Cannabis Corporation (CNAB)United Cannabis Corporation (OTCMKTS:CNAB) owns intellectual properties related to growth, production and distribution of medical and recreational marijuana and marijuana infused products.CNAB is trading just above support around 43 cents. This level is where the lows were in August.One of the interesting things about this company is that it was recently granted a license to begin cultivation in Jamaica. United believes that there is significant market opportunities there. In addition, some marijuana enthusiasts believe that some of the best cannabis is the world is grown there. This may provide certain strategic benefits to the company. * 7 Discount Retail Stocks to Buy for a Recession United Cannabis also just announced that is has appointed Dr. Gregory Gerdeman as chief scientific officer. His experience and knowledge will benefit the company's research efforts. MediPharm Labs Corporation (MEDIF)MediPharm Labs Corporation (OTCMKTS:MEDIF) produces and sells pharma-grade cannabis oil and concentrates for derivative products in Canada and Australia.Despite the recent volatility, MEDIF has appreciated by 400% this year.The company just announced that it received Organic Certification for Cannabis Oil and Extracts from one of North America's leading certifiers of organic products, Pro-Cert Organic Systems. Organic products will be in big demand in the cannabis markets -- even more so because of the vaporizing crisis that we are seeing. There are increasing demands for the FDA to implement quality control testing procedures. There is no doubt that having this Organic Certification will be a benefit for MediPharm.In addition to this, the company also just announced that it has signed a multi-year manufacturing agreement with Cronos. MediPharm will be filling and packaging vaporizer devices for Cronos Group's adult use brand, COVE. 48North Cannabis (NRTH)48North Cannabis (TSE:NRTH) operates as a cannabis company in the female health and wellness market in Canada. It owns a large marijuana farm.This company interests me because it focuses on growing cannabis on farms, as opposed to in greenhouses or indoor growing facilities. As previously mentioned, farming is significantly cheaper than the other methods. In addition, some cannabis connoisseurs believe that when it is grown under natural sunlight in soil, the quality is better.48 North recently announced that it is getting 1,000,000,000 mg of high-quality active CBD oil from Iverson Family Farms in Oregon. * 7 Deeply Discounted Energy Stocks to Buy Ross and Dorothy Iverson started this farm in 1950. Tragically, Ross developed terminal liver cancer. When this happened, the family used CBD to treat his pain. This experience is what led the family to start growing high-CBD hemp in 2016. Iverson currently operates one of the largest vertically integrated operations in the world. Rocky Mountain High Brands (RMHB)Rocky Mountain High Brands (OTCMKTS:RMHB) is a lifestyle brand management company that produces and markets CBD- and hemp-infused products to health-conscious consumers.This company had a 1 for 20 reverse split in the spring. Since then it has held support around the 5 cent level. It is too soon to know if this will help to turn things around but it may help.Rocky Mountain recently announced that it has entered into an agreement with Water Event Pure Water Solutions in Texas to distribute hemp-derived CBD products to its customers. Water Event has over 15,000 home, office and retail customers.The owner of Water Event, Brian Rose said, "Now that Texas has passed a law allowing the sale of CBD oil, there is a tremendous opportunity in this exciting product category. It is important to have the right CBD products on my trucks. I chose Rocky Mountain High Brands due to their high standards and involvement with the U.S. Hemp Roundtable."This relationship could be a great strategic move for Rocky Mountain.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Worst Stocks in the S&P 500 in 2019 * 7 Reasons to Own Intuit Stock -- The Unsung Hero of Fintech * Apple and 4 Other Tech Stocks on the Move The post 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk appeared first on InvestorPlace.

  • GlobeNewswire

    The Flowr Corporation Provides Management Update

    OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce Mr. Ivan Latysh has joined the Company as Chief Technology Officer.  In this newly created position, Mr. Latysh will be responsible for developing and overseeing the execution of Flowr’s technology and data-driven strategies.  He will collaborate with all departments including, finance, operations, sales and marketing to support the Company’s objectives. Mr. Latysh was most recently, and since 2015, Vice President, Information Technology at MedReleaf Corporation, a cannabis producer focused on the medical market. In addition, the Company has appointed Messrs.

  • GlobeNewswire

    The Flowr Corporation Completes the Acquisition of Holigen

    OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce the completion of the acquisition of the remaining 80.2% interest in Holigen Holdings Limited (“Holigen”) by way of a share purchase agreement, as previously announced on June 24, 2019 (the “Acquisition”). “We are excited to complete the acquisition of Holigen and thereby add operations in Portugal and Australia to our existing Canadian platform.  The combination of our extensive cannabis cultivation know-how and Holigen’s extensive pharmaceutical experience has the potential to create tremendous value.  With an expected annual capacity of 500,000 kilograms, the Aljustrel cultivation asset in Portugal should allow us to be a significant producer in the global medical cannabis and active pharmaceutical ingredient (API) markets, initially in Europe and Australia-Asia,” said Vinay Tolia, Flowr’s Chief Executive Officer.

  • Benzinga

    The Week Ahead In Cannabis: Lottery In Ontario, Corporate Updates And Earnings

    The next five days will still be full of news surrounding the cannabis space. We have compiled a list of main things that cannabis investors should be keeping an eye on this week. Ontario Lottery And New ...

  • GlobeNewswire

    The Flowr Corporation Announces Results for the Second Quarter 2019

    TORONTO, Aug. 15, 2019 -- The Flowr Corporation (TSXV: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) herein announces its financial and operational results for the quarter ended.

  • GlobeNewswire

    The Flowr Corporation Announces Closing of $43.5 Million Equity Financing

    THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) -- The Flowr Corporation (FLWR.V) (FLWPF) (the “Company” or “Flowr”) is pleased to announce that it has closed its previously announced short form prospectus offering (the "Offering") of units of the Company (the "Offered Units").  A total of 10,610,000 Offered Units, consisting of one common share and one half of one common share purchase warrant, have been issued at a price of C$4.10 per Offered Unit, for aggregate gross proceeds of $43,501,000. Each whole warrant will be exercisable to acquire one common share (a “Warrant Share”) for a period of 24 months following the closing of the Offering at an exercise price of $5.00 per Warrant Share.