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Flower One Holdings Inc. (FLOOF)

Other OTC - Other OTC Delayed price. Currency in USD
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0.0186+0.0006 (+3.33%)
At close: 03:18PM EDT

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  • M
    MarkNJ
    Sales were down in Nevada as a whole, nothing to but hold
  • F
    Fine
    @Andrew, What proof do you have????
  • P
    Paul
    Earnings call this morning was very informative for anybody that took the time to listen. Nv cannabis taxes need to be reformed asap, F1 said they pay $350+ in taxes per pound that they produce!
  • P
    Paul
    Here Tad and Baldy come again. Its' very clear that the market is down as a whole, and its not just NV. What Tad and Baldy failed to mention is there were other improvements f1 achieved during this time behind the scenes, like decreasing the cost to make flower by 35%. Once the market stabilizes and they finish facility improvements, the results will only improve.
  • M
    MarkNJ
    Good hire
  • D
    Darren
    The illicit market is squeezing the legal market!
  • T
    TheLongTermInvestor
    Oof. Awful results.
  • M
    MarkNJ
    Not bad
  • F
    Fine
    @paul...maybe if they didn't succumb to BS pricing and had the nerve to charge the price for their product that it is worth, outcomes would be better. but that is a reflection of the weak "leadership" of KO... WHAT A JOKE
  • P
    Paul
    These facility improvements will be huge for F1. The 2021 call spoke to this head on and how instrumental this will be.

    F1 sounds like they have been operating in not full capacity and with bad market conditions throughout nv, so once greenhouse improvements are done and the market settles, there should be some good results to look forward to.
  • M
    MarkNJ
    https://www.ktnv.com/news/nevada-ccb-approves-cannabis-consumption-lounge-regulations
  • P
    Pedro
    Very positive, better than I expected, long road ahead but the good news is they’ll survive and potentially become prosperous, time will tell.
  • A
    Andrew
    Another day...another beating.
  • T
    Tad
    WOW .....review my posts!!!
  • P
    Pedro
    Are earnings actually coming out today?
  • P
    Pedro
    New product, that’s a first in a while.
  • J
    Jake the Snake
    this board used to be filled with glizzy gobbling and meat riding now quiet af. guess yall gave up
  • R
    Russell
    Sometimes I forget that FLOOF is actually called FlowerOne. I'm so used to FLOOF in my mind haha.

    The play here is that Nevada doesn't allow interstate commerce and FLOOF is the largest bud producer in the state. They should own a good portion of the wholesale market for flower.

    Open to other insights. I didn't know (but found out below and trusting it) the CFO came from the Raiders, that's pretty big.
  • A
    Andrew
    More shares issued for interest payments. I guess management subscribes to the idea that "dilution is the solution".
  • P
    Pedro
    Interesting news, kinda good, kinda bad, depending on how you look at it. More borrowed money.