Flower One Announces Public Offering of Convertible Debenture Units
TORONTO, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (OTCQX: FLOOF) is pleased to announce that it is commencing an overnight marketed offering (the Offering) of convertible debenture units (the Debenture Units) of the Company.
- TORONTO, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (OTCQX: FLOOF) is pleased to announce that it is commencing an overnight marketed offering (the Offering) of convertible debenture units (the Debenture Units) of the Company.
- Each Debenture Unit will consist of one 9.5% unsecured convertible debenture due November 2022 (the Convertible Debentures) of the Company, and a number of common share purchase warrants (the Warrants) of the Company.
- Copies of the base shelf prospectus and, any supplement thereto to be filed in connection with the Offering, can be found on SEDAR at www.sedar.com.
- Flower One's flagship 400,000 square-foot greenhouse and 55,000 square-foot production facility is used for large scale cannabis cultivation, processing, and manufacturing.