The Flowr Corp. Closes Sale of KRS Research Facility.
MANews-(C)2009-2022
Canada-based cannabis company The Flowr Corp. (TSX.V: FLWR) (OTC: FLWPF) has closed the sale of the Kelowna Research Station R and D Facility to Hawthorne Canada Ltd. for an aggregate purchase price of CDN 15.9m (USD 12.38m), the company said.
The company is using the proceeds from the sale of this non-core asset to reduce the outstanding principal debt under its ATB led credit facility to CDN 1m.
The Flowr Corp. is a Canadian cannabis company with its...
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