Subscribe Past Issues RSS Translate View this email in your browser INVESTOR NEWSLETTER – MAY 2020 CSE: FONE • OTCQX: FLOOF • FSE: F11 FLOWER ONE ANNOUNCES APPOINTMENT OF BERN WHITNEY TO BOARD OF DIRECTORS "We are very pleased to welcome Bern Whitney to our Board of Directors and to serve as the Chair of our Audit Committee," said Ken Villazor, Flower One’s President and Chief Executive Officer. "Bern brings in-depth experience to Flower One as a board director and audit committee chair for both public and private companies." – Ken Villazor | President & CEO Read the press release CLOSING OF PRIVATE PLACEMENT Flower One successfully closed its previously announced non-brokered private placement, raising gross proceeds of CDN$10.9 million (US$7.8 million) (the "Private Placement"), which represents an increase of the offering size announced on April 27, 2020, of CDN$10.5 million (US$7.5 million), granted by the Canadian Securities Exchange ("CSE"). Read the press release COMMERCIAL SCALE WITH A CONNOISSEUR APPROACH Featuring Flower One's Salpy Boyajian and Kellen O'Keefe "Flower One’s motto is, “First you get good, then you get big,” says Kellen O’Keefe, the Las Vegas-based company’s chief strategy officer. However, walking through Flower One’s nearly half-million-square-foot headquarters — a controlled environment greenhouse and processing facility with three methods of extraction — poses the question of what the cultivator and processor considers “big.” Read the article in Cannabis Business Times MEET THE FLOWER ONE TEAM Kellen O'Keefe | Chief Strategy Officer "I would like to thank our team at Flower One and all of the other essential workers across Nevada for their courage and dedication during these challenging times. As an industry we are very proud of the essential services designation we received and take the responsibility very seriously as we work diligently to assure there are no interruptions in the supply chain." – Kellen O'Keefe REGULATORY ROSTER NEVADA DISPENSARIES ALLOWED TO OPEN STORES EARLIER THAN EXPECTED Nevada dispensaries could reopen their stores over, after weeks of serving patients and customers exclusively through delivery to prevent the spread of COVID-19. Read the full article MARIJUANA BANKING ACCESS INCLUDED IN HOUSE LEADERSHIP'S CORONOVIRUS RELIEF BILL House leadership unveiled a coronavirus relief bill that includes provisions to protect banks that service marijuana businesses from being penalized by federal regulators. Read the full article REOPENING LAS VEGAS GOVERNOR SISOLAK TARGETS JUNE 4TH TO REOPEN GAMING IN NEVADA If the testing and infection rate data continues to reflect positive trends through Memorial Day weekend, Sisolak is expected to announce further reopening plans. Read the full article HERE'S WHERE AMERICANS ARE LOOKING TO TRAVEL FIRST, ACCORDING TO EXPEDIA Even though the future of travel may still be largely up in the air, Americans are starting to think about vacations again. According to Expedia, amongst the top ten most searched destinations for flights, Las Vegas ranks number three. Read the full article Interested in learning more about Flower One? Visit our website for all of the latest news and company updates. Copyright © 2020 Flower One. All rights reserved. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.