The Flowr Corp. Completes The Sale Of KRS Research Facility For $15.9M


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


The Flowr Corporation (OTCPK:FLWPF) (TSX.V:FLWR) closed the sale of the Kelowna Research Station R&D Facility to Hawthorne Canada Limited for an aggregate purchase price of $15.9 million. The company is using the proceeds from the sale of this non-core asset to reduce the outstanding principal debt under its ATB led credit facility to $1 million.

About The Flowr Corporation

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The Flowr Corporation is a Canadian cannabis company with its operating campus, located in Kelowna, British Columbia. Flowr aims to support improving outcomes through responsible cannabis use and, as an established expert in cannabis cultivation, strives to be the brand of choice for consumers and patients seeking the quality craftsmanship and product consistency across a portfolio of differentiated cannabis products.

Photo by CRYSTALWEED cannabis on Unsplash

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: CannabisNewsMarketsHawthorne Canada Limited