NetworkNewsBreaks – Marijuana Stocks Surge as Conventional Companies Invest in the Industry through Partnerships

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article discussing the current surge of marijuana stocks on Fool.com titled, “The Only Marijuana Stock That Fell in August” authored by Sean Williams. The article attributed the rise in marijuana stocks to the approaching legalization of recreational marijuana in Canada. The second catalyst, per the article, is the growth in mainstream businesses striking up deals with major cannabis industry players. Constellation Brands, Inc. (NYSE: STZ), for instance, announced a $3.8 billion equity stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) recently. Another example of a mainstream consumer company investing in the growing sector is demonstrated by Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co., partnering up with the Flowr Corp. to build a 50,000-square-foot research facility on the same site as Flowr’s grow-op in Kelowna, British Columbia. Although the purpose of this endeavor is to study Hawthorne’s lighting, nutrient, and soil solutions concerning genetics and yield of cannabis crops, there’s no telling where a partnership of this nature could lead to.

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About The Flowr Corp.

Flowr, through its subsidiaries, is a vertically-integrated Canadian cannabis company focused on the natural science of cannabis.  With head offices in Markham, ON and production in Kelowna, B.C., Flowr builds and operates large-scale, GMP compliant cultivation facilities utilizing their own patented growing systems. Flowr’s investment in research and development ensures that its master growers are able to supply patients with consistent, high-quality medicinal cannabis. With a sense of craftsmanship and a spirit of innovation, Flowr is also well positioned with a line of premium quality cannabis products for the upcoming adult-use market. For more information, visit the company’s website at www.Flowr.ca

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