NEW IPO: Flower One Holdings Inc. (CSE: FONE) – RICH TV LIVE – October 9, 2018 – TORONTO, Oct. 9, 2018 /CNW/ – Flower One Holdings Inc. (“Flower One” or the “Company”) is pleased to announce that it has received its recreational marijuana cultivation license and its recreational marijuana production license from the State of Nevada. Receiving both licenses is a crucial step in the Company’s plan to cultivate premium grade cannabis at scale for Nevada’s growing cannabis market, using its 400,000 square foot greenhouse and 55,000 square foot production facility, and leveraging the industry’s leading agricultural technologies, innovative growing methods and top sustainability practices.
Hi guys this is rich here on behalf of rich tv live and we are getting so close we’re literally a week away seven days five hours 30 minutes and 27 seconds away from history it’s true and there is bam another ipo and your boy ridge brought you bi o today and they had a monster day right out the gate how about a new ipo nevada cannabis operator flower one to debut
On the csc on october 10 that is tomorrow flower one owner of the largest greenhouse in nevada receives recreational cannabis licenses and approval to list on the canadian securities exchange csc flower one fo any is the symbol will commence trading on wednesday october 10 2018 flower one holdings inc flower one or the companies pleased to announce it hasn’t
Received its recreational marijuana cultivation license and its recreational marijuana production license from the state of nevada receiving both licenses is a crucial step in the company’s plan to cultivate premium grade cannabis at scale for nevada’s growing cannabis market using its four hundred thousand square foot greenhouse and fifty-five thousand square
Foot production facility and leveraging the industry’s leading agricultural technologies innovative growing methods and top sustainability practices this is huge what do you think about this remember rich tv live is strictly for education entertainment purposes always do your due diligence always do your research before you invest in anything that we speak on
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Slack group our discord follow us on all social media to get 24 hours 7 days a week breaking news and here’s a new ipo brought to you first by your boy rich we are sharply focused on quickly becoming the leading cannabis cultivator and producer in the state of nevada i say pardon this regulatory milestone now paves the way for for one to work towards its targeted
Annual capacity of a hundred and forty thousand pounds of dry flour wow and trim to help meet the growing demand of the las vegas and broader nevada cannabis market ken villas our president and ceo of flower one in addition the company is pleased to announce it has received approval from the canadian securities exchange cse for listing its common shares and company
Shares will commence trading on the csc tomorrow wednesday october 10th 2018 under the symbol f o and e phone when the company commences trading there will be 172 million issuing outstanding common shares in the capital of the company the common shares no warts and 7 million 950,000 outstanding options convertible into the same number of common shares within the
Company’s capital structure as required by the cse certain shareholders collectively holding 97 million seven hundred nine thousand nine hundred common shares being fifty six point eight percent of the total issuing outstanding common shares have entered into a pooling agreement dated october 4 2018 with odyssey trust company as escrow agent and the company pursuant
To which 25 percent of such shares will be released to the corresponding shareholders and be free trading as of the commencement of trading with an additional 25 percent being released every six months thereafter okay i understand that so they’re releasing some shares at a time further all the company’s directors and officers and those shareholders holding greater
Than 5% of the she note standing shares have agreed to a six-month escrow for their securities with eight capital pursuant to the terms of the agency agreement stated september 19 september 19 2008 een so anybody with more than five percent of the issue in outstanding have agreed not to sell their shares for at least six months that is very positive this rosette
This represents 3.2 million outstanding options and 77 million two hundred forty-seven thousand three hundred sixteen common shares of the company 76 million three hundred and seventy five thousand of which are also subject to the cse described above in total ninety eight million five hundred ninety two thousand two hundred sixteen common shares representing fifty
Seven point three percent of the issue of standing common shares of the company are subject to some form of escrow that’s good so only forty two point seven percent of the shares will be in the float about flower one holdings on the css on the cse under the symbol phone fo any home to the largest commercial scale greenhouse in the state of nevada flower one aims
To leverage the industry’s leading agricultural technologies utilizing innovative growing and sustainability practices to cultivate high quality cannabinoids cannabis at scale for nevada’s growing cannabis market the company is licensed for medical marijuana cultivation and production and recreational marijuana cultivation and production in the state of nevada
Once canopy cattle pede targeted q1 2019 and four hundred and fifty five thousand square foot facility will be used for cannabis cultivation as well as the processing production and high-volume packaging of dry flower cannabis oils concentrates and infused products sustainability cultivated cannabis at scale to meet nevada’s growing demand flower one is ready to
Grow for you wow what do you think about this smash the like button comment down below share the video everywhere a new ipo flower one opening up tomorrow f o and e on the cse exchange what do you think this is your boy rich if you’re not winning you’re not watching we bring all the winners and we bring them to you first we are in a bull run in the cannabis sector
And we’ve got new winners dropping every single day i’m not telling you to buy this watch it put on your radar put on your watchlist let’s talk about it let me know what you think flower one is it a winner holler at your boy mo we are seven days five hours 23 minutes and 22 seconds away from a history it’s true peace
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NEW IPO: Flower One Holdings Inc. (CSE: FONE) By RICH TV LIVE