Tag: Flower One

Debra BorchardtMay 4, 2020
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Business

Flower One Raises $7.8 Million, Higher Than Planned

4min00
While other cannabis companies have complained of a tight capital environment, Nevada-based Flower One Holdings Inc.  OTC:FLOOF has successfully closed its previously announced non-brokered private placement. The company said it raised C$10.9 million or $7.8 million. This is higher than the previously planned offering of $7.5 million. Flower One said it plans to use the […]
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StaffNovember 27, 2019
Business

Earnings Recap: Flower One, Cannara Biotech

4min00
Flower One Flower One Holdings Inc. (CSE: FONE) (OTCQX: FLOOF) reported that its third-quarter revenue was $2.5 million, with sequential quarterly growth of 292% and representing seven weeks of sales from the greenhouse. The company also reported that net income totaled $15.7 million,  which was mainly driven by the gain on the growth of biological […]
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William SumnerSeptember 18, 2019
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BusinessDaily Hit

The Daily Hit: September 18, 2019

4min00
It’s time for your Daily Hit of cannabis financial news for September 18, 2019. On the Site Overcoming Canada’s Cannabis Shortage Shortages of Canadian marijuana appeared immediately after recreational sales of cannabis starting from October 2018.  Hence, there is a typical Canadian refrain almost lately.  Because of little inventory remaining, many stores are closed three […]
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StaffJanuary 29, 2019
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BusinessDaily Hit

The Daily Hit: January 29, 2019

6min00
It’s time for your Daily Hit of cannabis financial news for January 29, 2019. On The Site Sproutly Sproutly Canada, Inc. (OTCQB: SRUTF)  announced financial results for the three and nine months ended November 30, 2018. The company reported a net loss of C$2.8 million or $0.02 per diluted share for the quarter versus last year’s net loss […]
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis

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