The Flowr Corporation (TSXV: FLWR) has received the final Health Canada approval for the company to expand its Kelowna cultivation facility to include an additional 10 growing rooms.
With this final approval, Flowr plans to immediately commence facility expansion utilizing Good Manufacturing Practice standards- for the addition of the 10 growing rooms, thus bringing the operational space to 85,000 square feet and a total of 20 growing rooms. The company will then be able to operate at full capacity, producing an expected 10,000 kg of indoor-grown cannabis flower per year.
Flowr is a Canadian cannabis cultivator and producer, with operations in Canada, Australia, and Europe.
The Flowr Corporation is currently trading at $0.99 on the TSX Venture.
Information for this briefing was found via Sedar and The Flowr Corporation. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
