Flower One Holdings Inc (FLOOF)

[stocks4poppop]

FLOOF to the ROOF !

[MADDSTACKER]

Should see .30 at least

[kzivann]

Nice move up continuation.

FLOOF

[GreenIvest544]

That was nice to see finally! Been loading up at .11. I see FLOOF going Ape !?&€ once Vegas reopens! They’ve done a great job cuttings costs, and staying afloat during COVID. Hope they keep holding strong! GLTA.

[kzivann]

Good move today.

FLOOF

[MADDSTACKER]

Let’s gooo floof

[kzivann]

Bid filled.. Vegas green

FLOOF

[MADDSTACKER]

Almost 12 m !

[MERCURIAL]

FLOWER ONE REPORTS THIRD QUARTER 2020 RESULTS


https://money.tmx.com/en/quote/FLOOF:US/news/8504977572624302/Flower_One_Reports_Third_Quarter_2020_Results

[MADDSTACKER]

Chart looking strong

[birdys3333]

Ok I am done here for a while, got my butt kicked, time to move on!

[birdys3333]

Gosh, darn it, checking in to see if I got the lowest buy, and I didn't:(, ok now that I got that over, pretty excited about my total count:)

[birdys3333]

Well,,,Lol, was going to type how proud I was to get the low buy of the day, however now that I check back in, I was wrong, someone beat me, I will have to try again I guess:)

[birdys3333]

Here is how I believe it will play out, no matter who our president ends up being,,,mj sector is waking up big time, like I mean waking up, back to all time highs, and as this happens, investors will start researching looking for a mj company, I like a gem hunt, and when they find this one, it might be the very one, I would do as your advitar suggests,,,start stacking like mad, or in my case, I like to stack happily,

[MADDSTACKER]

We going have push with Biden ..imho.

[birdys3333]

What's that mean?

[fignewton]

Another board posting about an insider transaction at $3 a share

[MADDSTACKER]

Let’s goooo mj getting hot

[BillJay]

Stock is on FIRE!!!

[Topgun21]

Great work FLOOF!

[birdys3333]

Yes, it is,,,

[MADDSTACKER]

Looking good :)

[BillJay]

The Loan Agreement is for a seven-year interest-only loan at a rate of 10.5% for the term of the loan. Proceeds of the loan will be used to replace an existing US$30 million term loan that would have been due in June 2021, as well as to fund general corporate purposes and other Company debt obligations. The transaction is expected to close prior to October 30, 2020 and is subject to customary closing conditions.

The Sale-Leaseback Option is structured as a sale-leaseback with a 20-year term and two 10-year extension options. The value of the transaction is expected to be between US$70 million and US$80 million based on the Company meeting certain financial performance thresholds within the two-year option period. The proceeds from the sale would first be used to repay the US$39 million term loan. If agreed upon, both parties can also choose to execute on the sale-leaseback after one year for a minimum transaction value of US$70 million.

[BillJay]

EXCELLENT NEWS!!!!!

TORONTO, Oct. 7, 2020 /CNW/ - Flower One Holdings Inc. ("Flower One" or the "Company") (CSE: FONE) (OTCQX: FLOOF) (FSE: F11) today announced that the Company has entered into a term debt loan agreement (the "Loan Agreement") for US$39 million with Subversive Real Estate Acquisition REIT LP ("Subversive REIT"). As part of the Loan Agreement, Flower One granted Subversive REIT a two-year option to pursue a sale-leaseback transaction (the "Sale-Leaseback Option") to purchase Flower One's 455,000 square-foot cannabis cultivation and production facility in North Las Vegas, Nevada for up to US$80 million, and subsequently lease it back to the Company.

[MADDSTACKER]

Morning

[Topgun21]

Hi Maddstacker, we end up on lots of the same boards lol!

VFF is my crown jewel, 50,000 strong there!

I really LOVE FLOOF $FLOOF, GREAT STATE of the art facility, brothers own 40% , if not more, great products....

Dillution is why the price is where it is.

Until 420 bank reform is done, this will be the case for many like FLOOF.

CONGRATS on your bid, great video, and I will be looking for cheap prices here, as they have lots to offer, but perfect storm with great facilities, products , but need capital, and this is only way to currently get it.



Check out the video!,
All in my humble opinion.

Maverick
FLOOF

[MADDSTACKER]

Got a bid in at .05

[Topgun21]

Tough times with Covid 19, good management, nice facilities.

[MADDSTACKER]

52 week low

[GreenIvest544]

Well, read and followed the board for weeks. Watched it double bottom, watched it sit at .13 for what seems like weeks....bought in today....wishing for good things. Can’t believe it’s only at .13 with having all of those partners and brands they produce. GLTA!

[birdys3333]

Well,,,this stock will test your true heart,,,I think they have the best green house in the world,,,problem it cost the most in the world, Lol, I bought some today,,,if it helps,

[ramorris3]

Not looking good here. I admit I made a mistake, my own DD was not thorough enough...

[birdys3333]

Well, I hope you correct too, just read they decide to do a last minute offering, think they are in some serous need for money,,,

[BillJay]

Trading halt due to pending news. I'm hoping they get acquired or a larger company is announcing a minority stake.

[BillJay]

Double bottom, buy it!

[BillJay]

THREE of their Brand Partners are on the most recent August list of the Hottest Cannabis Brands of the Week – with Old Pal #2, Kiva Brands, Inc. #4, and Cookies #18 according to the Pioneer Intelligence benchmarks.

[fignewton]

Cookies to have their own retail store on Las Vegas Strip 2021. Cookies product to be sold at retail stores owned by Green Thumb Industries GTBIF
https://finance.yahoo.com/news/green-thumb-industries-cookies-enter-110000614.html

[BillJay]

Flower One is looking strong! Future looks very bright.

[ZRock]

Flower One Reports Strong Monthly Sales for the Month of JulyPress Release | 08/05/2020
Flower One Reports Strong Monthly Sales for the Month of July

PR Newswire

LAS VEGAS and TORONTO, Aug. 5, 2020

Sales Return to Pre-COVID-19 Levels with Current Weekly Sales Exceeding Q1 2020 Average Weekly Sales

LAS VEGAS and TORONTO, Aug. 5, 2020 /PRNewswire/ - Flower One Holdings Inc. (the "Company") (CSE: FONE) (OTCQX: FLOOF), a leading cannabis cultivator, producer and innovator in Nevada, today announced preliminary July gross sales of $3.2 million, a 64% sequential increase over June 2020 and an indication that the Company's market presence is rebounding strongly post the partial reopening of Nevada hotels and casinos on June 4, 2020. All amounts are expressed in U.S. dollars unless indicated otherwise.

Recent Sales Highlights:

Preliminary year-to-date gross sales, thru the month ending July 31, 2020, of approximately $15.8 million;
July 2020 preliminary monthly gross sales of $3.2 million, representing the second highest company monthly sales behind March 2020 of $3.9 million; and,
July preliminary average weekly gross sales of approximately $0.73 million were an increase of 60% over June average weekly gross sales of approximately $0.46 million and an increase of 8% over Q1 2020 average weekly sales of approximately $0.68 million.

"These past several months have been challenging, and Nevada continues to see the impact of COVID-19 on its economy and its residents. Our Company's dedication to servicing the Nevada cannabis market and providing our retail partners with a consistent supply of some of the highest-quality product available, even in unprecedented circumstances, is evident in our July sales numbers. We are pleased to see the recent pace of our sales returning to pre-COVID-19 levels, even without a full recovery of tourism to Nevada," said Ken Villazor, President and Chief Executive Officer of Flower One.

Villazor continued: "Throughout the past few months, Flower One has acutely focused on improving our operational efficiencies and increasing the market penetration of our growing brand portfolio, including premium brands Cookies and 22Red. We've also continued to diversify our revenue base and added 14 new retail accounts since the start of the second quarter for a total of 93 accounts. We look forward to continuing to support our brand and retail partners as the Nevada economy rebounds."

Marking the First Anniversary of Flower One's Initial Sale from its Flagship Facility

On August 6, 2019, Flower One generated is first official sale from its flagship 455,000 square foot facility. In honor of this milestone, the Company provided an update on its successes in navigating the complexities of large-scale, low-cost cultivation, extraction, product manufacturing and retail fulfilment to help leading cannabis brands efficiently and effectively gain notable retail shelf space in Nevada. These highlights include:

California-based cannabis brand Old Pal received Flower One's inaugural inventory from its flagship facility. Old Pal therefore represented the Company's first sale. A year later, Old Pal is a mainstay in the Nevada market and has consistently maintained its place as one of the top-selling flower brands in the state based on total units sold according to Headset data as of June 30, 2020;
Flower One successfully launched the premium cannabis brands Cookies and 22Red;
Flower One currently provides manufacturing inputs for 4 of the top 10 edibles brands and 2 of the top 10 vape brands in Nevada according to third party June 2020 sales data for Nevada as provided by BDS Analytics, and Headset data, respectively;
In terms of edibles specifically, as of the end of June 2020, BDS Analytics reports that Flower One produces 2 of the top 10 edible brands in Nevada; and
Of all edibles sold in the state of Nevada, the gummy category accounts for 90% of sales according to BDS Analytics. Kiva's Camino gummies brand has captured increasing market share, moving from 9th place in Q1 2020 to 3rd place at the end of June amongst all gummies sold in the state. Further, 4 of 5 Kiva Camino SKUs are now in the top 20 edible items by dollar sales and 3 out of 5 SKUs in terms of units sold in Nevada

[BillJay]

https://www.linkedin.com/posts/flowerone_be-sure-to-tune-in-the-wednesday-when-our-activity-6696222096865013761-HEK8

[$5.95akadawson-m]

Thank you for the detailed reply

[BillJay]

No, the low was about $0.25 and it's now been holding around $0.35. However, they dumped $100 million into the facility itself and they'll do $90 million EBITDA in the the not so distant future. Patience will be rewarded. They're innovators and have a unique business model with regard to their brand partners. Growth, growth, and more growth is what I see.

[$5.95akadawson-m]

Has this company always been this cheap?

[BillJay]

Flower One's June sales grew 144% over May and 78% over April with the re-opening of Las Vegas on June 4th.

The Company's production facility is now delivering more than 100 SKUs to the market, remaining an industry-leader in producing the widest and deepest range of high-market finished product derivatives.

[BillJay]

Flower One anticipates, that entering Q3 2020, the Company will reduce its variable operating costs by more than 60% as a result of completed operational efficiencies and a reduced crop management plan through the upcoming quarter.

Commenting on the Company's recent performance, Ken Villazor, Flower One's President and Chief Executive Officer, noted, "After a challenging first two months of Q2 2020, June saw a solid increase in revenue growth, nearly doubling the sales of April and May combined. This followed a very strong Q1, during which revenues nearly equaled our revenues for all of 2019. We are very pleased with our most recent pace of sales and we believe that the many operational adjustments, learnings and improvements we have made through this challenging period will support our continued growth in the Nevada cannabis market."

[ZRock]

Flower One Announces a Non-Brokered Private Placement for up to CDN $10,000,000.

https://www.otcmarkets.com/stock/FLOOF/news/Flower-One-Announces-a-Non-Brokered-Private-Placement-for-up-to-CDN-10000000?id=265029

[MADDSTACKER]

5 m in sales !!

[ZRock]

FLOOF filing date postponed.

https://www.otcmarkets.com/stock/FLOOF/news/Flower-One-Postpones-Filing-Date-for-Fourth-Quarter-and-Full-Year-2019-Financial-Results-Due-to-COVID-19?id=261254

[BillJay]

Something is brewing. New partnership? Merger? Beverage company that wants a piece?

[ramorris3]

Non Brokered $7.5M Private Offering

CDN $0.37
Today's exchange = U$D 0.26

Friday'S close: U$D 0.2857

https://finance.yahoo.com/news/flower-one-announces-non-brokered-100000669.html