What is Flower One's primary competitive advantage in Nevada?

According to Slide 9, Flower One's primary advantage is its infrastructure scale. It operates a 400,000 sq. ft. high-tech greenhouse, which it claims is the largest in the state. This is complemented by a 55,000 sq. ft. production facility and a 25,000 sq. ft. indoor cultivation site, allowing them to serve over 70 retail locations and handle large-scale production for national brand partners.

How has the company's revenue trended over time?

Slide 17 shows a consistent upward trend in 'Reported Actual' revenue. Starting at approximately $500,000 in Q1 2019, revenue grew to $2.5 million by Q3 2019 following the first harvest. By Q3 2020, the company reached a record quarterly revenue of $11.9 million, despite a dip in Q2 2020 attributed to COVID-19 state closures.

Which brands are included in Flower One's portfolio?

Flower One partners with several well-known cannabis brands. Slide 13 and Slide 21 highlight Cookies, Kiva, and Old Pal. Other featured brands include 22Red (Slide 25), Camino, and Nature’s Lab Extracts (Slide 29). The company also produces an in-house brand called NLVO, which was recognized as a top-selling flower brand in Q3 2020.

What is the size of the market opportunity described in the deck?

Slide 5 compares cannabis to other consumer categories, noting a $15B+ legal market in 2019 with only 14% penetration. It contrasts this with beer ($100B+), wine/spirits ($150B+), and coffee ($85B+), suggesting significant room for growth as cannabis penetration increases. Slide 9 notes that Nevada's retail sales specifically grew from $539M in 2018 to an estimated $730M in 2020.

Flower One Pitch Deck (2021): 33-Slide Breakdown

See all 33 slides of the Flower One pitch deck — a 2021 deck — with a slide-by-slide teardown of what the deck does well and where it falls short.

Flower One’s January 2021 investor presentation serves as a strategic overview of its dominant position in the Nevada cannabis market. The company leverages massive infrastructure—specifically a 400,000 sq. ft. high-tech greenhouse—to provide cultivation and production services for high-profile brands like Cookies and 22Red. The deck illustrates a clear growth trajectory, with revenue climbing from under $1 million in Q1 2019 to a record $11.9 million in Q3 2020. By positioning itself as the primary infrastructure partner for national brands entering Nevada, Flower One demonstrates a B2B2C mo…

Key takeaways

The company operates the largest scale high-tech commercial greenhouse in Nevada at 400,000 sq. ft. (Slide 9).
Revenue grew significantly over seven quarters, reaching a peak of $11.9 million in Q3 2020 (Slide 17).
Flower One utilizes a partnership model with major brands like Cookies, Kiva, and Old Pal to drive market penetration (Slide 13).
The Nevada market is highly concentrated, with 80% of sales occurring in Clark County, where the company focuses its efforts (Slide 9).
The company maintains a 55,000 sq. ft. post-harvest production and extraction facility to support its diverse product lines (Slide 9).
Legal cannabis sales in the U.S. were estimated at $15B+ in 2019, with a 14% adult penetration rate (Slide 5).
The deck highlights celebrity-backed brands like 22Red, founded by Shavo Odadjian of System Of A Down, to demonstrate cultural relevance (Slide 25).
Management at the time of the presentation consisted of interim leadership, including an Interim CEO and Interim CFO (Slide 33).

Flower One: The Infrastructure Play in Nevada Cannabis

The Flower One Investor Presentation from January 2021 positions the company not just as a cannabis grower, but as a critical infrastructure partner in one of the most lucrative markets in the United States: Nevada. By focusing on massive scale and high-tech cultivation, the company aims to be the backbone for national brands looking to enter the Las Vegas and broader Nevada retail landscape. The deck emphasizes a transition from early-stage cultivation to a high-revenue production engine, backed by a portfolio of recognizable consumer brands.

Slide 1: Title and Visual Context

The cover slide features a wide-angle shot of a massive cannabis cultivation facility, labeled 'Flower One Nevada.' This immediately establishes the company's core value proposition: scale. The slide lists its public tickers on the CSE (FONE), OTCQX (FLOOF), and FSE (F11), indicating it was a publicly traded entity at the time of the presentation in January 2021.

Slide 5: U.S. Cannabis Opportunity

This slide contextualizes the cannabis industry within the broader consumer packaged goods (CPG) landscape. It compares Cannabis ($15B+ market size, 14% penetration) to Beer ($100B+, 25% penetration), Wine & Spirits ($150B+, 20% penetration), and Coffee ($85B+, 50% penetration). The footnote clarifies that while legal sales were $15B+, the illicit market was estimated at $60B in 2019, suggesting a massive total addressable market (TAM) as consumers shift to legal channels.

Slide 9: The Nevada Market Strategy

Flower One explains its geographic focus on Nevada. The slide notes that 80% of cannabis sales in the state occur within Clark County (home to Las Vegas). It highlights a 'limited licensing structure' as a barrier to entry for competitors. The infrastructure stats are the centerpiece: a 400,000 sq. ft. greenhouse, a 55,000 sq. ft. production/extraction facility, and a 25,000 sq. ft. indoor facility. Retail sales in Nevada are shown growing from $539M in 2018 to an estimated $730M in 2020.

Slide 13: Brand Performance Highlights

This timeline tracks the company's partnership milestones from Q3 2019 to Q1 2021. Key achievements include the launch of the Camino brand (Q4 2019), the recognition of Old Pal as a top-selling flower brand (Q2 2020), and the successful launch of the Cookies brand in Las Vegas (Q3 2020). It also mentions the launch of Nature’s Lab Extracts in Q1 2021, showing a continuous expansion of the product portfolio.

Slide 17: Revenue Performance

The revenue chart shows aggressive growth. Quarterly revenue was negligible in early 2019 but spiked to $5.5M in Q4 2019 following the 'Launch of Production Lab.' While Q2 2020 saw a dip to roughly $4M due to COVID-19 closures, the company rebounded to a 'Highest Recorded Quarterly Revenue of $11.9M' in Q3 2020. The chart uses 'Reported Actual' figures, providing a concrete look at the company's financial scaling.

Slide 21: The Cookies Partnership

A dedicated slide for the Cookies brand emphasizes its global recognition and 'proprietary cannabis varieties.' The slide includes a quote from Berner, the founder of Cookies, stating, 'When it came to cannabis cultivation and production, it was clear that Flower One was the leader in Nevada.' This testimonial serves as high-level social proof for Flower One’s operational capabilities.

Slide 25: 22Red and Celebrity Branding

Flower One highlights its partnership with 22Red, a brand founded by Shavo Odadjian of the band System Of A Down. The slide focuses on 'brand authenticity' and 'proprietary genetics.' By including celebrity-backed brands, Flower One demonstrates its ability to attract high-visibility partners that drive consumer demand in the retail space.

Slide 29: Nature’s Lab Extracts

This slide focuses on the company's extraction capabilities. Nature’s Lab Extracts is described as a 'high-end cannabis extraction company' producing 'Sauce,' a 50/50 blend of THC-A Crystalline and terpenes. This highlights the company's technical ability to produce complex, high-margin concentrates beyond simple flower cultivation.

Slide 33: Contact and Leadership

The final slide provides contact information for investor and media inquiries. Notably, it lists Kellen O’Keefe as 'President & Interim CEO' and Richard Groberg as 'Interim Chief Financial Officer.' The 'Interim' titles for both the CEO and CFO suggest a company in the midst of a management transition or restructuring at the time of the presentation.

What Flower One Does Well

The deck is exceptionally strong at communicating scale and infrastructure . By leading with the 400,000 sq. ft. greenhouse and following up with a revenue chart that shows the direct result of that capacity coming online, the company makes a compelling case for its operational throughput. The use of third-party brand logos (Cookies, Kiva, Old Pal) provides immediate credibility; rather than trying to build every brand from scratch, Flower One positions itself as the essential partner for the industry's winners.

The market concentration argument on Slide 9 is also very effective. By pointing out that 80% of Nevada's sales are in a single county where they have massive facilities, they demonstrate a logistical and competitive moat that is easy for investors to understand.

What is Missing from the Deck

While the revenue growth is impressive, the deck is noticeably silent on profitability and unit economics . There is no mention of EBITDA, gross margins, or cost per gram of cultivation. In a commodity-adjacent business like cannabis, knowing the cost to produce versus the wholesale or retail price is critical for long-term viability. Additionally, the provided slides do not include a specific capital ask or a 'Use of Funds' slide, which is standard for a fundraising deck. Finally, the management team is only briefly mentioned on the contact slide, and the 'Interim' status of the top two executives may raise questions for investors regarding leadership stability.

What Other Founders Should Copy

Founders in infrastructure-heavy industries should emulate the way Flower One visualizes their facilities . The cover photo and the map on Slide 9 do a great job of making '400,000 square feet' feel tangible. Furthermore, the Brand Performance Highlights timeline (Slide 13) is an excellent way to show momentum. Instead of just listing partners, showing the chronological sequence of launches and 'top-selling' accolades creates a narrative of winning the market quarter by quarter. Finally, the comparative market analysis on Slide 5 is a classic but effective way to show that a new industry (cannabis) is still in its infancy compared to established vices like alcohol and coffee.

Frequently asked questions

What is Flower One's primary competitive advantage in Nevada?: According to Slide 9, Flower One's primary advantage is its infrastructure scale. It operates a 400,000 sq. ft. high-tech greenhouse, which it claims is the largest in the state. This is complemented by a 55,000 sq. ft. production facility and a 25,000 sq. ft. indoor cultivation site, allowing them to serve over 70 retail locations and handle large-scale production for national brand partners.
How has the company's revenue trended over time?: Slide 17 shows a consistent upward trend in 'Reported Actual' revenue. Starting at approximately $500,000 in Q1 2019, revenue grew to $2.5 million by Q3 2019 following the first harvest. By Q3 2020, the company reached a record quarterly revenue of $11.9 million, despite a dip in Q2 2020 attributed to COVID-19 state closures.
Which brands are included in Flower One's portfolio?: Flower One partners with several well-known cannabis brands. Slide 13 and Slide 21 highlight Cookies, Kiva, and Old Pal. Other featured brands include 22Red (Slide 25), Camino, and Nature’s Lab Extracts (Slide 29). The company also produces an in-house brand called NLVO, which was recognized as a top-selling flower brand in Q3 2020.
What is the size of the market opportunity described in the deck?: Slide 5 compares cannabis to other consumer categories, noting a $15B+ legal market in 2019 with only 14% penetration. It contrasts this with beer ($100B+), wine/spirits ($150B+), and coffee ($85B+), suggesting significant room for growth as cannabis penetration increases. Slide 9 notes that Nevada's retail sales specifically grew from $539M in 2018 to an estimated $730M in 2020.
Who was leading the company at the time of this presentation?: Slide 33 lists the contact information for the executive team, noting that both primary roles were held by interim officers: Kellen O’Keefe as President & Interim CEO, and Richard Groberg as Interim Chief Financial Officer. This suggests the company was in a period of leadership transition during the January 2021 reporting period.

Cover slide of the Flower One pitch deck — 2021 — Flower One pitch deck, slide 1 (2021)

Flower One pitch deck: the facts

Company: Flower One
Year: 2021
Stage: Publicly Traded (CSE: FONE)
Slides: 33
Sector: Cannabis Cultivation and Production
Deck type: Investor Presentation
Outcome: Not stated in deck
Headquarters: Nevada, USA

Flower One pitch deck PDF

The full Flower One deck is embedded on this page and can be read slide by slide in the browser — no download or account required. Each slide is covered in the breakdown above.

What the Flower One Holdings Inc. pitch deck was used for

This deck is Flower One Holdings Inc.’s January 2021 investor presentation, created while the company was publicly traded on the Canadian Securities Exchange under the symbol FONE and on the OTCQX under FLOOF. The presentation positions Flower One as a leading cannabis cultivator and producer in Nevada, highlighting its 400,000 sq. ft. greenhouse and 55,000 sq. ft. production facility, plus an indoor cultivation site and extensive brand partnerships. Around this time, Flower One was engaged in a significant recapitalization and debt restructuring and had just announced an initial closing of US$10.1 million of a non‑brokered convertible debenture offering of up to US$25 million for working capital, debt obligations and general corporate purposes. The deck appears aimed at public‑market investors and debenture holders to support this restructuring and financing rather than a classic private venture round.

Business model: Flower One Holdings Inc. is a Nevada-based cannabis cultivator and producer that operates large-scale greenhouse and indoor cultivation facilities and processes bulk and branded flower and biomass into finished cannabis products, supplying Nevada’s wholesale market under a portfolio of partner brands.

Year: 2021
Headquarters: North Las Vegas, Nevada, USA.
Industry: Cannabis cultivation and production.

Round: Non‑brokered convertible debenture financing by a publicly traded company.

Raising: Up to US$25 million non‑brokered convertible debenture offering of debenture units.

Raised: US$10.1 million initial closing of a non‑brokered convertible debenture offering, with a total offering size of up to US$25 million in debenture units.

Use of funds as presented: Net proceeds intended to be used for working capital, previous debt obligations and general corporate purposes.

What happened after the Flower One Holdings Inc. deck

Following the January 2021 investor deck, Flower One completed initial debt restructuring and raised US$10.1 million in a non‑brokered convertible debenture offering, reported record quarterly revenue and amended unsecured debentures and term loans; however, ongoing leverage and liquidity pressures led to further financings and loan modifications and, ultimately, to CCAA protection by late 2022.

January 27, 2021: Flower One announced completion of initial debt restructuring, retirement of 20,000,000 common shares
May 10, 2021: The company reported record quarterly revenue and described itself as the top flower producer in Nevada, w
2021–2022: Flower One completed restructuring transactions with its 9.5% unsecured debentures, extended maturities to Ja
February 2022: Flower One announced US$10.1 million term loan financing and successful loan modification to term debt, p
By October 2022: Flower One sought protection under Canada’s Companies’ Creditors Arrangement Act (CCAA), indicating sev

What the Flower One Holdings Inc. deck got right

Clear demonstration of large‑scale, vertically integrated Nevada cultivation and production footprint. The deck centers on Flower One’s Nevada infrastructure, including a 400,000 sq. ft. greenhouse, 55,000 sq. ft. production and extraction facility, and a 25,000+ sq. ft. indoor cultivation and commercial kitchen, clearly communicating scale and vertical integration in a single, high‑demand market.
Compelling Nevada market positioning and concentration narrative. Flower One highlights that it serves the entire Nevada market with the only large‑scale greenhouse in the state, 70+ retail locations and a concentrated, efficient market where roughly 80% of cannabis sales occur within Clark County, showcasing both unique positioning and market efficiency.
Differentiated brand‑fulfillment strategy with multiple partner brands. The deck presents Flower One’s role as a “high‑quality, low‑cost brand fulfillment partner” and references a growing roster of brand partners, indicating a B2B‑oriented strategy that monetizes cultivation and production expertise while leveraging established consumer brands.[Existing excerpt]
Strong contextualization within evolving cannabis legalization landscape. The presentation situates Flower One within the broader timeline of cannabis legalization, from early recreational states to the 2018 Farm Bill and the MORE Act, helping investors connect company prospects to macro‑regulatory trends.
Robust legal and forward‑looking disclosure for a public issuer. The inclusion of detailed forward‑looking statement disclaimers and legal language near the beginning of the deck aligns with public‑company disclosure standards and signals attention to regulatory compliance in both Canadian and U.S. securities regimes.
Balanced mix of brand narrative and operational detail in the storytelling. By combining inspirational brand‑building quotes (e.g., Howard Schultz on authenticity) with operational details about genetics, craft cannabis testing and production capabilities, the deck attempts to bridge emotional brand resonance with technical cultivation expertise.

What could have been stronger

Limited visibility into current financial health and leverage in the deck narrative. The deck emphasizes facilities (400k sq. ft. greenhouse, 55k sq. ft. production, 25k+ sq. ft. indoor) and market stats for Nevada but, based on the extracted text, does not clearly present current financial metrics such as revenue, gross margin, cash position or debt levels, even though the company was undergoing major recapitalization and debt restructuring in early 2021.
Strong performance claims without clearly embedded third‑party validation. While the deck claims Flower One’s Nevada greenhouse is among North America’s top yielding facilities and presents the company as the “top flower producer in the state of Nevada,” it does not, in the available text, tie these claims to verifiable third‑party data or market share figures within the presentation itself, leaving investors to rely on external press releases for validation.
High‑level expansion strategy without concrete execution roadmap. The strategic expansion slide references distressed assets and evolving partner agreements with MSOs and private retailers but does not, in the OCR text, provide specific pipeline deals, timelines, or capital requirements, which makes it difficult to assess the realism and financing needs of Flower One’s national expansion ambitions.
Marketing emphasis may downplay contemporaneous restructuring and credit risk. The presence of detailed forward‑looking statements and legal disclaimers early in the deck, combined with contemporaneous restructuring of debentures and term loans, underscores substantial risk, yet the marketing‑heavy slides on facilities, brands and quotes may understate these restructuring and default risks for less sophisticated investors.

How an investor would read this deck

What draws attention

Relationship between the January 2021 investor presentation and the announced US$10.1 million non‑brokered convertible debenture offering of up to US$25 million, including how proceeds map to specific operational milestones.
Company’s leverage profile around the time of the deck, including US$30 million term debt with RB Loan Portfolio II, US$16.9 million equipment financing, and outstanding unsecured debentures, and the impact of restructuring on common equity holders.
Operational efficiency and unit economics of the 400k sq. ft. greenhouse and associated production/indoor facilities, particularly yield per square foot, cost per gram, and wholesale pricing in Nevada’s concentrated market.
Depth and durability of brand partnerships (e.g., Cookies, Kiva and others referenced in the deck excerpt) and the contractual economics of being a “brand fulfillment partner” versus owning consumer brands.[Existing excerpt]

Risks that stand out

High leverage and complex capital structure, including unsecured debentures, term loans and equipment financing, required multiple restructurings, suggesting elevated credit and refinancing risk even as the deck promoted growth narratives.
Single‑state concentration in Nevada, with 80% of cannabis sales occurring within Clark County, exposes Flower One to regional regulatory changes, competitive shifts and demand shocks, particularly as tourism‑driven sales fluctuate.
Reliance on external brand partnerships and fulfillment relationships may limit margin capture and create dependence on counterparties’ brand strength and strategic decisions.[Existing excerpt]
Subsequent entry into CCAA protection indicates that, despite large‑scale infrastructure and strong market positioning claims, the company faced significant liquidity and solvency challenges, raising questions about risk management and forecasting quality.

Questions this deck invites

What were Flower One’s trailing twelve‑month revenue, gross margin, EBITDA and cash flow at the time of the January 2021 deck, and how did these relate to the record quarterly revenue figures later highlighted in May 2021?
How did the US$10.1 million initial closing of the non‑brokered convertible debenture offering, and potential up to US$25 million, alter the company’s capital structure and dilution relative to existing common shareholders and debenture hol
What specific operational or capital improvements at the Nevada facilities were funded by 2021–2022 financings (convertible debentures, term loan modifications), and what measurable performance improvements resulted?
How concentrated was Flower One’s revenue exposure to the Nevada market in 2021, and what concrete steps (signed agreements, timelines) existed at the time to diversify via multi‑state operations or MSO partnership expansion?
Given the subsequent need for CCAA protection, which underlying assumptions in the 2021 deck (pricing, demand growth, regulatory tailwinds, access to capital) proved most inaccurate or optimistic in hindsight?

What founders can take from the Flower One Holdings Inc. deck

A public‑market cannabis operator can use an investor deck to tightly integrate operational narratives (facilities, market position, brand partnerships) with contemporaneous capital structure events (debt restructuring, convertible debenture offerings) so that investors see how new financing will st
Highlighting unique infrastructure advantages, such as having Nevada’s only large‑scale greenhouse and a large production/extraction facility, can clearly differentiate a company in a crowded cannabis landscape, especially when paired with concrete market stats (share of sales in Clark County, retai
Situating a company’s story within the broader regulatory evolution of cannabis (Farm Bill, MORE Act, state legalization milestones) can help investors contextualize growth potential and policy risk over time.
Positioning as a “high‑quality, low‑cost brand fulfillment partner” for leading cannabis brands illustrates a viable B2B‑focused strategy that leverages cultivation and manufacturing strengths rather than competing directly in brand building.[Existing excerpt]
Including extensive forward‑looking statement disclaimers early in the deck is essential for publicly traded issuers in volatile, policy‑sensitive sectors like cannabis, reminding investors of uncertainties despite optimistic projections.
The divergence between the deck’s optimistic portrayal (top producer, record revenue) and later CCAA protection underscores the importance of scrutinizing leverage, refinancing risk and execution track record beyond the marketing narrative in any investor presentation.

Flower One Holdings Inc. pitch deck: common questions

What does Flower One do and where does it operate?

Flower One is a cannabis cultivation and production company headquartered in North Las Vegas, Nevada, operating what it describes as Nevada’s largest commercial greenhouse and significant indoor cultivation and processing facilities to supply branded cannabis products to the state’s wholesale market.

What is the Flower One January 2021 investor presentation deck?

The investor presentation on SlideShare labeled “Flower One Holdings Inc. Investor Presentation January 2021” is a 33‑slide deck used in early 2021 when Flower One was publicly traded on the CSE (FONE) and OTCQX (FLOOF), focused on its Nevada operations, brand partnerships and capital structure amid a recapitalization.

What fundraising was Flower One doing around the time of this 2021 deck?

In January 2021 Flower One announced the initial closing of US$10.1 million of a non‑brokered convertible debenture offering of up to US$25 million, with net proceeds intended for working capital, prior debt obligations and general corporate purposes; this financing, together with debt restructuring agreements, is the primary transaction associated with the 2021 investor deck.

On which exchanges was Flower One listed at the time of the deck?

Flower One’s common shares traded on the Canadian Securities Exchange under the symbol FONE and on the OTCQX Best Market under FLOOF; the company also listed on the Frankfurt Stock Exchange under F11.

What happened to Flower One after the 2021 investor presentation?

Subsequent disclosures show that Flower One undertook multiple debt restructurings and term loan modifications in 2021–2022 and later sought protection under Canada’s Companies’ Creditors Arrangement Act (CCAA), indicating significant financial distress after the optimistic operational and growth narrative presented in the 2021 deck.

Sources

Funding and outcome facts on this page were researched on 2026-08-22 from the pages below.

Flower One pitch deck slides

Flower One pitch deck slide 1 of 33 — Flower One pitch deck — slide 1 of 33

Flower One pitch deck slide 2 of 33 — Flower One pitch deck — slide 2 of 33

Flower One pitch deck slide 3 of 33 — Flower One pitch deck — slide 3 of 33

Flower One pitch deck slide 4 of 33 — Flower One pitch deck — slide 4 of 33

Flower One pitch deck slide 5 of 33 — Flower One pitch deck — slide 5 of 33

Flower One pitch deck slide 6 of 33 — Flower One pitch deck — slide 6 of 33

What each slide of the Flower One pitch deck says

Slide 2

Disclaimer Statements in this presentation that are not statements of historical or current fact constitute "forward-looking information® within the meaning of Canadian securities laws and "forward-looking statements" within the meanin? of United States securities laws (collectively, "forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown Tactors that could cause the actual results of the Company to be materially different from historical results or from any future actual results expressed or implied by such forwardlooking statements. In addition to statements which explicitly describe such risks and uncertainties, rea…

Slide 3

0 fFlower Our flagship facility in Nevada is one of the top yielding facilities in North America. Flower One has built an industry-leading team focused on a corporate goal to be the first national high-quality, low-cost brand fulfillment partner in cannabis. Watch the video

Slide 5

U.S. Cannabis Opportunity NES ITE [) Lal, 4 J FARTS Ee Le BEER WINE & SPIRITS COFFEE CANNABIS $100B+ J $150B+ $85B+ $15B+* hs

Slide 6

Cannabis Legalization Highlights 2012 2016 Colorado and Washington Recreational cannabis become first two states to becomes legalized in Nevada, legalize recreational cannabis use California, Maine and Massachusetts 2018 The 2018 Farm Bill legalizes low-THC hemp and hemp-derived products such as CBD at the federal level 2020 The House of Representatives passes the Marijuana Opportunity Reinvestment and Expungement (MORE) Act 2021 Following the 2020 election, there are now 15 states with legal recreational use and 20 states with legal medical use

Slide 7

About Flower One GREENHOUSE FACILITY G PRODUCTION FACILITY 55K Square Feet Square Feet Flagship greenhouse, Nevada's Capability to process over 1,000 largest and among North pounds of bulk and branded flower America's top yielding with a along with 3,000 to 5,000 pounds of potential annual production biomass into dozens ofproducts capacity of 100K+ pounds Square Feet Current indoor cultivation and production space for testing strains from the Company's genetic library and growing select, premium craft cannabis Brand Partners And counting with industry leading brand and distribution strategy led by cannabis industry pioneers

Slide 9

Why Nevada? Flower One serves the entire Nevada market, including tourists near Nevada Market Stats 15 Vegas St local consumers Flower One has the only large-scale throughout Nevada greenhouse in Nevada . " v 55k sq. ft. postharvest Limited licensing structure production & extraction facilit Concentrated, efficient market: 80% of cannabis sales take place within Clark County Strong tourist market along with a notable resident cannabis customer set \] QA 70+ current retail locations and growing 400k sq. ft. largest scale, high tech commercial greenhouse in the state of Nevada 25k+ sq. ft. premium indoor cultivation facility & commercial kitchen * Nevada's estimated cannabis sales for 2020 BD…

Slide 10

Strategic Expansion States with Legal Medical States with Legal & Recreational Cannabis Medical Cannabis Key Factors Total number of licenses vs. total addressable market sizes Competitive cultivation landscape (greenhouse, outdoor, etc.) Wholesale & retail regulatory landscape Current inventory of distressed cannabis assets alongside the opportunity to leverage Flower One's operations and brand portfolio Evolving partner agreements with MSOQO's and other private retailers

Slide 12

In this ever-changing society, the most powerful and enduring brands are built from the heart. They are real and sustainable. Their foundations are stronger because they are built with the strength of the human spirit, not an ad campaign. The companies that are lasting are those that are authentic -Howard Schultz, Former CEQ of Starbucks

Slide text above is read directly from the Flower One deck PDF embedded on this page.