CNSX:FONE

CSE Bulletin: Expiry - Flower One Holdings Inc. 18SEP2023 Warrants (FONE.WT.B)

Retrieved on: 
Tuesday, September 12, 2023

Toronto, Ontario--(Newsfile Corp. - le 12 septembre/September 2023) - Flower One Holdings Inc. 18SEP2023 Warrants listed on September 18, 2020 will expire on September 18, 2023.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 12 septembre/September 2023) - Flower One Holdings Inc. 18SEP2023 Warrants listed on September 18, 2020 will expire on September 18, 2023.
  • Further to bulletin 2022-1204 , trading is currently suspended.
  • The warrants will be delisted at market close September 18, 2023.
  • Flower One Holdings Inc. 18SEP2023 bons de souscription cotés le 18 septembre 2020 expireront le 18 septembre 2023.

Flower One Closes Canadian Restructuring Transaction and Implements Plan Under the Companies’ Creditors Arrangement Act (Canada)

Retrieved on: 
Saturday, December 31, 2022
Cannabis, Natural Resources, Plan, Canadian Securities Exchange, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Regional Power (Canadian company), CSE, Supreme court, CCAA, Monitor, Bankruptcy, THIS, Security (finance), Financial adviser, Audit

To the extent any affected creditor does not receive a distribution by January 13, 2023, it should notify the Canadian Companies and Monitor in accordance with the Plan.

Key Points: 
  • To the extent any affected creditor does not receive a distribution by January 13, 2023, it should notify the Canadian Companies and Monitor in accordance with the Plan.
  • Shareholders of Flower One will not receive any distributions under the Plan in respect of their equity interests in Flower One.
  • Pursuant to the Plan, the Canadian Companies will each make an assignment into bankruptcy and, accordingly, Flower One will remain non-compliant with applicable Canadian securities laws and regulations.
  • Flower One’s trading on the Canadian Securities Exchange (CSE) has been suspended and Flower One is expected to be de-listed from applicable stock exchanges.

CSE Bulletin: Suspensions (COYX, FONE, FONE.WT.B, FONE.DB.B, FONE.DB.C)

Retrieved on: 
Tuesday, December 6, 2022
Debout sur le Zinc, Politique, Policy, CSE, National instrument, S, Online shopping

Toronto, Ontario--(Newsfile Corp. - le 6 décembre/December 2022) - Effective immediately, the following companies are suspended pursuant to CSE Policy 3.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 6 décembre/December 2022) - Effective immediately, the following companies are suspended pursuant to CSE Policy 3.
  • The suspensions are considered Regulatory Halts as defined in National Instrument 23-101 Trading Rules.
  • For more information about Cease Trade Orders, visit the Canadian Securities Administrators Cease Trade Order database at www.securities-administrators.ca
    En vigueur immédiatement, les sociétés suivantes sont suspendues conformément à la politique 3 du CSE.
  • Les suspensions sont considérées comme des arrêts réglementaires au sens du Règlement 23-101 sur les règles de négociation.

 Flower One Obtains Meeting Order Under the Companies’ Creditors Arrangement Act (Canada)

Retrieved on: 
Saturday, November 26, 2022
Cannabis, Retail, Other Retail, Tobacco, Specialty, Natural Resources, Toshiko Meets Her Old Pals, Regional Power (Canadian company), Heavy Hitters, Bankruptcy, Frankfurt Stock Exchange, Kiva, Cookie, F11, FSE, Law of the United Kingdom, Court, Monitor, Cannabis, NLVO, Canadian Securities Exchange, THIS, CSE, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., CCAA, Supreme court, Plan, PST, Risk management, Audit, Meeting

During this time, the US operations of Flower One are expected to continue in the ordinary course and without interruption.

Key Points: 
  • During this time, the US operations of Flower One are expected to continue in the ordinary course and without interruption.
  • As previously reported, PricewaterhouseCoopers Inc. has been appointed to act as the Canadian Companies monitor under the CCAA (in such capacity, the Monitor).
  • A copy of the Plan, Meeting Order and Meeting materials, including a Notice of Meeting, may be found on the Monitors website at https://www.pwc.com/ca/en/services/insolvency-assignments/flower-one/mee... .
  • In order to attend the Meeting, affected creditors must contact the Monitor before 9:00 am on December 19, 2022, as set out in the Notice of Meeting.

CSE Bulletin: Expiry - Flower One Holdings Inc. 15NOV2022 Warrants (FONE.WT.A)

Retrieved on: 
Wednesday, November 9, 2022
Ã, Department store, Nightclub, Online shopping

Toronto, Ontario--(Newsfile Corp. - Le 9 novembre/November 2022) - Flower One Holdings Inc. 15NOV2022 Warrants listed on November 18, 2019 will expire on November 15, 2022.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 9 novembre/November 2022) - Flower One Holdings Inc. 15NOV2022 Warrants listed on November 18, 2019 will expire on November 15, 2022.
  • The warrants will be halted at noon and delisted at market close November 15, 2022.
  • Flower One Holdings Inc. 15NOV2022 Les bons de souscription cots le 18 novembre 2019 expireront le 15 novembre 2022.
  • Les bons de souscription seront arrts midi et retirs de la cote la clture du march le 15 novembre 2022.

Flower One Obtains Extension of Stay Period and Claims Process Order Under the Companies’ Creditors Arrangement Act (Canada)

Retrieved on: 
Tuesday, October 25, 2022
Cannabis, Retail, Other Retail, Tobacco, Specialty, Natural Resources, FSE, Cannabis, Sale, THIS, PST, Toshiko Meets Her Old Pals, THE, Frankfurt Stock Exchange, Regional Power (Canadian company), Heavy Hitters, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Company, F11, CSE, Intention, Canadian Securities Exchange, Claim, Forward-looking statement, CCAA, Law of the United Kingdom, NLVO, Record, Supreme court, Kiva, Streamlining Claims Processing for Federal Contractor Employees Act, Cookie, Oil, Risk management, Audit, Monitor

The Canadian Company also announces that on October 25, 2022, it obtained an order (the Claims Process Order) establishing a claims process (the "Claims Process") to identify and determine claims against the Canadian Companies.

Key Points: 
  • The Canadian Company also announces that on October 25, 2022, it obtained an order (the Claims Process Order) establishing a claims process (the "Claims Process") to identify and determine claims against the Canadian Companies.
  • Pursuant to the Claims Process Order, the Canadian Companies will send a claims notice (the Claims Notice) to each known creditor of the Canadian Companies, which will set out the claim such creditor has against each of the Canadian Companies, according to the records of the Canadian Companies.
  • If a creditor agrees with its claim as set out in the Claims Notice, no further action is required.
  • A copy of the Claims Process Order, along with all schedules attached thereto, can be found at the Monitors website listed below.

Flower One Approves CCAA Filing

Retrieved on: 
Monday, October 17, 2022
Cannabis, Natural Resources, FSE, Cannabis, Sale, THIS, Toshiko Meets Her Old Pals, THE, Frankfurt Stock Exchange, Regional Power (Canadian company), Heavy Hitters, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., F11, Company, CSE, Intention, Canadian Securities Exchange, Forward-looking statement, CCAA, Law of the United Kingdom, NLVO, Supreme court, Kiva, Cookie, Risk management, Audit

The decision to commence CCAA proceedings was made after careful consideration of the Canadian Companys financial position and significant consultation with certain key creditors of Flower One.

Key Points: 
  • The decision to commence CCAA proceedings was made after careful consideration of the Canadian Companys financial position and significant consultation with certain key creditors of Flower One.
  • During the CCAA process, the US operations of Flower One are expected to continue in the ordinary course and without interruption.
  • Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada.
  • Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis.

Flower One Announces CCAA Filing

Retrieved on: 
Tuesday, October 18, 2022
Cannabis, Retail, Other Retail, Tobacco, Specialty, Natural Resources, FSE, Cannabis, THIS, Toshiko Meets Her Old Pals, THE, Frankfurt Stock Exchange, Regional Power (Canadian company), Heavy Hitters, Kirkbi AG v Ritvik Holdings Inc, Court, F11, Company, CSE, Intention, Canadian Securities Exchange, Petition, PricewaterhouseCoopers, Monitor, Forward-looking statement, Hearing, CCAA, Law of the United Kingdom, NLVO, Supreme court, Kiva, Cookie, Online gambling, Risk management, Audit

The decision to commence CCAA proceedings was made after careful consideration of the Canadian Companys financial position and significant consultation with certain key creditors of Flower One.

Key Points: 
  • The decision to commence CCAA proceedings was made after careful consideration of the Canadian Companys financial position and significant consultation with certain key creditors of Flower One.
  • During the CCAA process, the US operations of Flower One are expected to continue in the ordinary course and without interruption.
  • For specific questions about the CCAA, please contact the Monitor via email at [email protected] or by phone at 604-484-3477.
  • Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada.

Flower One Announces OTC Markets Transition

Retrieved on: 
Friday, September 16, 2022
Cannabis, Natural Resources, Retail, Tobacco, Specialty, Kiva, FSE, THE, Intention, OTCQB, Company, Heavy Hitters, NLVO, Toshiko Meets Her Old Pals, Frankfurt Stock Exchange, Forward-looking statement, Canadian Securities Exchange, CSE, Cannabis, F11, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., THIS, Cookie, Transition, Audit

Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (FSE: F11), the leading cannabis cultivator and producer in Nevada, today announced that its common stock listed on the OTCQB market, will be transitioned to the OTC Expert Market effective September 16, 2022, upon market open (the Transition).

Key Points: 
  • Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (FSE: F11), the leading cannabis cultivator and producer in Nevada, today announced that its common stock listed on the OTCQB market, will be transitioned to the OTC Expert Market effective September 16, 2022, upon market open (the Transition).
  • The Transition was a result of the Company no longer being considered a Foreign Private Issuer, and not being eligible for public quotation under Rule 15c2-11.
  • Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada.
  • Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis.

Flower One Reports Q2-22 Financial Results

Retrieved on: 
Tuesday, August 30, 2022
Cannabis, Natural Resources, Flower, Toshiko Meets Her Old Pals, Director, Depreciation, MNP, Audit committee, Forward-looking statement, THIS, Frankfurt Stock Exchange, Kiva, Canadian Securities Exchange, Classification, Intention, International, Company, Cannabis, THE, Heavy Hitters, NLVO, Cookie, SEDAR, Mission statement, MNP LLP, Audit

While still navigating through a challenging global economic environment, we continue to strengthen and refine our ability to decrease and control our costs, said Araxie Grant, Flower Ones Chief Financial Officer.

Key Points: 
  • While still navigating through a challenging global economic environment, we continue to strengthen and refine our ability to decrease and control our costs, said Araxie Grant, Flower Ones Chief Financial Officer.
  • Flower Ones second quarter 2022 financial statements and managements discussion and analysis will be issued and filed on SEDAR at www.sedar.com on August 29, 2022 and will also be available on Flower Ones website at www.flowerone.com/investors/financial-reports .
  • Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada.
  • Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from historical results or from any future actual results expressed or implied by such forward-looking statements.