The Flowr Corporation Completes $15.9 Million Bought Deal Financing

March 16, 2021

The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF), a Toronto-headquartered cannabis company with operations in Canada, Europe and Australia, completed a bought deal short form prospectus offering of 31,127,453 units at a price of $0.51 per unit for aggregate gross proceeds of approximately $15.9 million. The offering was conducted by Cantor Fitzgerald Canada Corporation, as sole bookrunner and lead underwriter, ATB Capital Markets Inc., Canaccord Genuity Corp. and Echelon Wealth Partners Inc.

Wildeboer Dellelce LLP acted for Flowr in connection with the offering with a team comprised of Jeff Hergott, Carlye Bellavia and Sarah Wahba (corporate/securities), and Katy Pitch and Marija Tasevska (tax).