The Flowr Corporation (TSXV:FLWR) CEO Vinay Tolia was recently featured in an interview with James West, from Midas Letter Live. In the interview, Tolia discussed how his company, which was co-founded by MedReleaf co-founder Tom Flow, is focused on producing premium quality cannabis for consumers. Tolia said Flowr is using high-tech cultivation facilities and processes developed by Flow to grow high-quality cannabis profitably and at scale. These systems also let the company grow without the use of irradiation, which can often have an impact on taste and smell.
The Flowr Corporation will have products for both the recreational and the medical markets, all grown in its 85,000-square-foot indoor grow facility in Kelowna. “It’s about 20 percent operational right now; it’ll be fully operational in the next four to five months, and, you know, we’re very excited about that. Once that’s done, we have plans for a larger facility next door that could be potentially five times the size,” said Tolia.
The facility may be the most advanced growing facility in Canada as the Flowr team has continually evolved designs and systems for the many cultivation facilities they have built. Tolia claims that the company’s construction and design team is their core strength, and they brought their experience in design, engineering and cultivation for the development of their facility. As the global market continues to expand, Tolia believes that the company will look into replicating this type of facility across multiple jurisdictions in the world.
To wrap up the interview, Tolia also discussed the company’s commercial and R&D partnerships with Ace Hill Beer and Scotts Miracle-Gro (NYSE:SMG), respectively. The partnership with Scotts makes The Flowr Corporation one of only three cannabis companies to have a relationship with a NYSE-listed company. Tolia also mentioned the company’s interest in hemp-derived CBD and potential partnerships with pharmaceutical and wellness companies in that market.
To watch the full interview, click here.