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Benzinga
Benzinga
Business
Vuk Zdinjak

Flower One Gets $5M Loan, Growing Its Term Debt

Flower One Flower One Holdings Inc Nevada

Flower One Holdings Inc. (CSE:FONE) (OTCQX:FLOOF) (FSE:F11), the leading cannabis cultivator and producer in Nevada, received a $5 million loan from RB Loan Portfolio II, LLC.

“This capital infusion will enable us to complete the first phase of capital expenditures and provide working capital to the business. We are grateful for the runway this will provide as we work towards our goal of achieving positive cash flow,” stated Kellen O’Keefe, president & CEO of Flower One.

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