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Flower One Extends The Maturity Date Of Its Short-Term Debt
Flower One Extends The Maturity Date Of Its Short-Term Debt
Flower One Holdings Inc. (OTCQX:FLOOF) (CSE:FONE) (FSE:F11) has extended the maturity date of its $6 million short-term debt from July 24, 2022 to December 31, 2022. The remaining terms of the short-term debt remain in place.
The company has determined that the extension of the maturity date of the short-term debt is exempt from the formal valuation and minority approval requirements applicable to related party transactions under Multilateral Instrument 61-101 - Protection of minority security holders in special transactions pursuant to the financial hardship exemptions set forth in sections 5.5(g) and 5.7(1)(e) of MI 61-101.
About Flower One Holdings Inc.
Flower One is cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands (Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket's, The Clear, HUXTON, and Flower One's leading in-house brand, NLVO, and more). 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's Nevada footprint includes the company's flagship facility, a 400,000 square-foot high-tech greenhouse and 55,000 square-foot production facility, as well as a second site with a 25,000 square-foot indoor cultivation facility and commercial kitchen.
Photo: Benzinga; Sources: courtesy of Kindel Media via Pexels
Related News
Flower One Q1 Revenue Drops 35% YoY, Here Are The Details
Flower One Restructures Its Term Debt And Master Lease
Flower One FY 2021 Revenue Increases 70%, Cuts Net Loss
Flower One Holdings Inc. (OTCQX:FLOOF) (CSE:FONE) (FSE:F11) has extended the maturity date of its $6 million short-term debt from July 24, 2022 to December 31, 2022. The remaining terms of the short-term debt remain in place.
Flower One控股公司(OTCQX:FLOOF)(CSE:FONE)(FSE:F11)延长了其600万美元短期债务的到期日2022年7月24日至2022年12月31日。短期债务的剩余条款仍然有效。
The company has determined that the extension of the maturity date of the short-term debt is exempt from the formal valuation and minority approval requirements applicable to related party transactions under Multilateral Instrument 61-101 - Protection of minority security holders in special transactions pursuant to the financial hardship exemptions set forth in sections 5.5(g) and 5.7(1)(e) of MI 61-101.
本公司已确定,根据MI 61-101第5.5(G)及5.7(1)(E)条所载财务困难豁免,延长短期债务到期日豁免遵守多边文件61-101-在特别交易中保护少数证券持有人适用于关联方交易的正式估值及少数股东批准要求。
About Flower One Holdings Inc.
关于Flow One Holdings Inc.
Flower One is cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands (Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket's, The Clear, HUXTON, and Flower One's leading in-house brand, NLVO, and more). 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's Nevada footprint includes the company's flagship facility, a 400,000 square-foot high-tech greenhouse and 55,000 square-foot production facility, as well as a second site with a 25,000 square-foot indoor cultivation facility and commercial kitchen.
Flower One是内华达州的大麻种植者、生产商和全方位服务品牌履行合作伙伴。FLOW One为越来越多的行业领先大麻品牌提供一致、可靠和可扩展的服务。曲奇,Kiva,Old Pal,重量级人物,缆车票,The Clear,Huxton,以及FlowOne的领先自有品牌,NLVO,以及更多)。Flower One目前生产的产品范围广泛,从鲜花、全光谱油和蒸馏油到成品消费包装商品,包括各种:预卷、浓缩物、可食用产品、局部用药等,供大麻行业表现最好的品牌使用。Flower One在内华达州的足迹包括该公司的旗舰设施、一个400,000平方英尺的高科技温室和55,000平方英尺的生产设施,以及第二个占地25,000平方英尺的室内栽培设施和商业厨房。
Photo: Benzinga; Sources: courtesy of Kindel Media via Pexels
图片来源:Pexels提供的Kindel Media
Related News
相关新闻
Flower One Q1 Revenue Drops 35% YoY, Here Are The Details
FLOW One Q1营收同比下降35%,详情如下
Flower One Restructures Its Term Debt And Master Lease
Flower One重组其定期债务和主租赁
Flower One FY 2021 Revenue Increases 70%, Cuts Net Loss
FLOW One FY 2021财年收入增长70%,净亏损减少
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在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
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Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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