Summary
Flower One Holdings, Inc. is an under the radar microcap stock which has risen 20% YTD in an increasingly challenging market for cannabis/marijuana stocks.
Q2 sales were higher than expected, and the company has guided a ramp-up in sales going forward as they recently completed the build-out of their Las Vegas flagship greenhouse.
Based on their industry-leading initial cultivation analytics of 38.3 grams per sq. ft. at an average cost of $0.45, FLOOF received a "buy rating" on 9/17/19 at Industrial Alliance.
Investment Thesis
In my article on August 28, 2019, I expressed serious concerns regarding the pronounced volatility of many stocks trading in the cannabis/marijuana space. Since then, I've written 2 other articles which have