TORONTO , April 25, 2019 /CNW/ – Flower One Holdings Inc. (“Flower One” or the “Company”) (FONE.CN) (FLOOF) is pleased to provide a corporate update as the Company continues to execute on its growth strategy in the Nevada cannabis market.
The Company has made significant operational progress on many fronts including:
A. Conversion of 400,000 Square Feet of Greenhouse Cultivation Capacity
In May of last year, the Company began a 12-month process of converting the largest commercial greenhouse in Nevada for large-scale hydroponic cannabis cultivation. The conversion is now approximately 95% complete, and is expected to be fully completed on schedule.
The Company has now hit an important milestone as it has initiated the onboarding of plants into its greenhouse. To date, the Company has achieved the following cultivation milestones:
We anticipate that the Company’s inaugural Zone One harvest will commence in June, 2019. Once fully canopied, the Company should be capable of producing over 140,000 lbs (or 62,500 kg) of dry flower annually, and will house in the eight flower zones over 80,000 plants per crop cycle.
View photosFully populated Vegetative Zone One. Image taken on April 16, 2019. (CNW Group/Flower One Holdings Inc.)MoreView photosFlower Zone One fully canopied. Image taken on