The Flowr Corp (FLWR)

[NYOptionsGuy]

Flowr Expects to More than Double Current Capacity with Additional Grow Rooms


SOURCE: https://mjobserver.com/investments/flowr-expects-to-more-than-double-current-capacity-with-additional-grow-rooms/

Kelowna, British Columbia — January 24, 2018 — /D.M.O. Newswire/ — The Flowr Corporation (TSX.V:FLWR) (OTC:FLWPF) (“Flowr” or the “Company”), a Canadian Licensed Producer of premium cannabis products, announced today that it received approval from Health Canada to open additional grow rooms at its Kelowna 1 cultivation facility. The Company expects to begin growing in a portion of the newly approved rooms immediately.

Kelowna 1 is Flowr’s initial cultivation facility that is under construction in the world-famous Okanagan Valley of British Columbia. The additional rooms will raise the total number of flower rooms Flowr is operating to ten (10), which is expected to more than double its current capacity and bring the facility to 50% completion.

The Company expects to have the facility complete with a total of 20 grow rooms prior to the end of the third quarter of this year. When complete, Flowr expects the approximately 85,000 square foot facility to produce at a capacity of approximately 10,000 kilograms of premium cannabis flower on an annualized basis....