Flower One Holdings Inc (FLOOF)

[BlueGreenPower]

**NEWS** Flower One Announces $10.1M USD Financing and Successful Loan Modification to Term Debt

"With the closing of this debt financing and successful loan modification, we can complete the immediate facility improvements required that will better position the company for long term success as we prepare for a strong recovery from COVID-19 in Nevada. Both closings are very strong indicators of the confidence and belief our financial partners have in Flower One and our ability to continue to successfully execute on our turnaround plan," said Kellen O’Keefe, President & CEO of Flower One.

https://ca.finance.yahoo.com/news/flower-one-announces-10-1m-131300254.html

Liking the financing for their move to automation, and completing facility improvements. With a facility this size you need all the automation you can get. Hopefully if they spent every penny wisely this will get them to cash flow positive in 2022. Good start for upper management to take pay cuts to make it happen. Looking for more cost cutting as automation takes effect. Flower One needs to use this new runway to take off :) Fingers Crossed. glta

Flower One Sugar Looking Sweet...

https://www.reddit.com/r/vegastrees/comments/sflqnx/nlvo_dosi_dos_lr_sugar/