The owner of the largest greenhouse in Nevada receives recreational cannabis licenses and begins trading under the symbol “FONE”
TORONTO, October 10, 2018 – Flower One Holdings Inc. (“Flower One” or the “Company”) will begin trading today when the market opens on the Canadian Securities Exchange (“CSE”) under the stock symbol “FONE”.
“Over the past ten months, Flower One has demonstrated to its shareholders the Company’s ability to execute on our overall business plan,” said Ken Villazor, President and CEO. “There have been a series of successive and very significant milestones achieved in a very short timeframe, but today’s commencement of trading on the CSE is a pivotal moment for Flower One. On behalf of our Board, we want to personally thank our entire Flower One team.”
Flower One continues to advance its overall business plan with a focus on the Nevada marijuana market. Medical marijuana use in Nevada was made legal on November 7, 2000. Cannabis in Nevada became legal for recreational use effective January 1, 2017. According to State officials, Nevada’s fast-growing marijuana industry had revenue in the fiscal year ending June 30 totaling $529.9 million overall, including $424.9 million for recreational use alone.
Flower One also launched a corporate website at www.flowerone.com concurrent with its commencement of trading on the CSE.