Cannabis Producer Flower One Reports 53% Revenue Growth
Flower One Holdings Inc (OTCMKTS:FLOOF) achieved total revenue of $13.9 million in the first quarter of 2021, which represents a 53% increase over $8.8 million reported in the first quarter last year. This is mainly due to higher revenues and decreases in cash COGS and other operating expenses. Q1 2021 hedge fund letters, conferences and more The leading cannabis producer in Nevada announced its financial results for 2021-Q1, which ended on March 31. Flower One closer to cash flow positiveFlower One was the subject of a massive restructuring of its debt, yielding a significant improvement of i...