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Flower One Announces Appointment of Thomas Gesky to Company’s Advisory Board

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LAS VEGAS, April 05, 2022--(BUSINESS WIRE)--Flower One Holdings Inc. ("Flower One" or the "Company") (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce the addition of Thomas Gesky to the Company’s advisory board.

Thomas Gesky founded Resourcive in 2001, a leading independent consultancy delivering strategic IT sourcing solutions to mid-market and enterprise clients. Resourcive’s persistent value creation model has created over $1B in enterprise value for their clients and partners through technology spend optimization. Resourcive is a preferred strategic IT sourcing partner to the largest private equity firms in the world, driving value creation efforts across categories, industries and verticals. Mr. Gesky received a BA from Hofstra University, is a certified Leadership Trainer/Coach, and an active member of Vistage Leadership Advisory & Development Group.

"I’m thrilled to join the Flower One advisory board and bring my knowledge and leadership development skills to the organization at a pivotal moment in the Company’s growth cycle. Flower One is uniquely positioned to capture significant market share in Nevada and further cement the Company’s reputation as one of the leaders in cannabis cultivation, manufacturing, and distribution. I look forward to working closely with the Flower One team to create a high-performance culture focused on delivering results," said Thomas Gesky, Flower One Advisory Board member.

"Tom is an excellent addition to our advisory board and has immediately stepped in to help the Company with several key initiatives. I am grateful to have his mentorship and support as we work towards achieving operational excellence throughout the entire organization. We are thrilled to welcome him into the industry and our team at Flower One," said Kellen O’Keefe, Flower One’s President & CEO.

About Flower One Holdings Inc.

Flower One is the largest cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. By combining more than 20 years of greenhouse operational excellence with best-in-class cannabis operators, Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands (Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket’s, The Clear, HUXTON, and Flower One’s leading in-house brand, NLVO, and more). Flower One currently produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for top-performing brands in cannabis. Flower One’s Nevada footprint includes the Company’s flagship facility, a 400,000 square-foot high-tech greenhouse and 55,000 square-foot production facility, as well as a second site with a 25,000 square-foot indoor cultivation facility and commercial kitchen. Flower One has built an industry-leading team focused on making high-quality cannabis accessible to all.

The Company’s common shares are traded on the Canadian Securities Exchange under the Company’s symbol "FONE", in the United States on the OTCQX Best Market under the symbol "FLOOF" and on the Frankfurt Stock Exchange under the symbol "F11". For more information, visit: https://flowerone.com.

Cautionary Note Regarding Forward-Looking Information

Statements in this press release 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 meaning of United States securities laws (collectively, "forward-looking statements"). Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors 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 forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "potential," "should," "may," "will," "plans," "continue" or other similar expressions to be uncertain and forward-looking.

Forward-looking statements may include, without limitation, the Company’s ability to capture significant market share in the state of Nevada; the Company’s ability to create a high-performance culture that is focused on delivering results; the Company’s leadership as a cannabis cultivator, producer, manufacturer, distributor, innovator and full-service brand fulfillment partner; and the production of a wide range of products for the nation’s top-performing brands.

The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement, the "Cautionary Statement regarding Forward-Looking Information" section contained the Company’s management’s discussion and analysis for the three and nine months ended September 30, 2021 (the "MD&A"). All forward-looking statements in this press release are made as of the date of this press release. The forward-looking statements contained herein are also subject generally to assumptions and risks and uncertainties that are described from time to time in the Company’s public securities filings with the Canadian securities commissions, including the Company’s MD&A. Although Flower One has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended.

Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this press release are made as of the date of this release. Flower One disclaims and does not undertake any intention or obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR THEIR REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Contacts

Flower One Investor Relations
ir@flowerone.com

Kellen O’Keefe, President & CEO
702.660.7775

Flower One Media
media@flowerone.com