Flower One Provides Second Bi-Weekly Status Report in Relation to its Annual Filings
LAS VEGAS & TORONTO — Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, today provides its second bi-weekly status report further to the Company’s press release dated May 3, 2021 . The Company was granted a customary management cease trade order (the “ MCTO “) under National Policy 12-203 – Management Cease Trade Orders (“ NP 12-203 “). As previously announced, the application for the MCTO was made by the Company in order to secure additional time for the Company to file its audited annual financial statements for the year ended December 31, 2020, the related management’s discussion and analysis, certificates of its CEO and CFO and its annual information form (collectively the “ Annual Filings “). The MCTO prohibits all trading in securities of the company, whether directly or indirectly, by the company’s CEO and CFO. The MCTO does not affect the ability of other shareholders to trade in the securities of the Company.