Flower One X G Pen Partnership

Last Updated: Mar 07, 2019
Last Updated: Mar 07, 2019

Flower One Holdings Inc. ("Flower One" or the "Company") is pleased to announce a new long-term licensing agreement and partnership with leading cannabis technology and hardware brand, Grenco Science ("G Pen"). California-based Grenco Science are pioneers in the cannabis hardware space, responsible for engineering the advanced technology behind the internationally-available and ever popular G Pen line of cannabis vaporizers. Flower One is now licensed to sell, distribute and integrate G Pen's proprietary, innovative hardware with new cannabis products from its diverse portfolio of Brand Partners.

"Flower One is pleased to partner with a leading provider of cannabis hardware, and to welcome G Pen to our growing portfolio of Brand Partners," said Ken Villazor, President and CEO of Flower One. "This exciting partnership will allow us to further expand our cannabis offerings in the Nevada market while introducing new cannabis products, through our brand partners, that are supported by G Pen's vaporizing technology."

"Flower One is simply the best in the business," said Chris Folkerts, Founder and CEO of G Pen. "This partnership will expand our ability to offer the most cutting-edge cannabis experience to Nevada's cannabis consumers. Since we introduced the G Pen Gio, budtenders across Nevada's dispensaries have been asking for greater brand diversity of the product. Through Flower One, we are perfectly positioned to meet the growing consumer demand for our products through a diversified and expanded product offering with their brand partners."

Now available in Nevada, the G Pen Gio is the latest innovation in vaporizers that is revolutionizing the cannabis experience to align with a modern lifestyle. The Gio is a draw-activated concentrate vaporizer that is intuitive, portable, and accessible, and features a cutting edge cartridge system with an optimized heating temperature and integrated airpath for maximum vaporization, and consistent, smooth, and flavorful pulls.

About Flower One Holdings Inc.
Flower One is sharply focused on quickly becoming the leading cannabis cultivator, producer and innovator in the highly lucrative Nevada market. Flower One is rapidly converting its 455,000 square foot greenhouse and production facility, the largest in the State of Nevada, for the cultivation and production of high-quality cannabis at scale. It also owns and operates a 25,000 square foot indoor cultivation and production facility in North Las Vegas, with nine grow rooms, and owns the established NLV Organics consumer brand of cannabis products. Combined, the flagship greenhouse and production facility and the North Las Vegas facility provide Flower One with 480,000 square feet of capacity for cultivation and processing, production and high-volume packaging of dry flower, cannabis oils, concentrates and infused products. Flower One is fully licensed for medical and recreational marijuana cultivation and production in the state of Nevada and currently holds licensing agreements with their Brand Partners, Flyte Concentrates, Rapid-Dose Therapeutics' Quick Strip, Old Pal, Palms, HUXTON, CannAmerica Brands, and G Pen.

Flower One's common shares are traded on the Canadian Securities Exchange under the symbol "FONE" and in the United States on the OTCQB under the symbol "FLOOF." For more information visit: https://flowerone.com

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