Flowr Corp (CVE:FLWR) CEO on Shoppers Drug Mart Supply Agreement
Flowr Corp (CVE:FLWR) (OTCMKTS:FLWPF) CEO Vinay Tolia has nothing but praise for the Flowr team after the company’s most recent earnings report. Flowr generated gross revenues of $3.3 million despite having only 20 percent of its main production facility in operation. Tolia explains that Flowr’s operations are still scaling in terms of production and yield optimization. He anticipates that by Q3 of this year, the company’s facility will be fully operational and estimates it will produce in excess of 10,000 kilos annually of premium cannabis. Tolia discusses the importance of consistency when producing high-quality cannabis. He emphasizes the significance of Flowr’s recent supply agreement with retail pharmacy chain Shoppers Drug Mart. Tolia shares details of Flowr’s European strategy and highlights the significance of the company’s recent partnership with Holigen, which provides access to the European medical market. Flowr is currently in the process of uplisting to the NASDAQ in the United States.
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