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

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.

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