Flower One Holdings Inc. (“Flower One” or the “Canadian Company”) (CSE: FONE) (FSE: F11), the Canadian parent company of the leading cannabis cultivator and producer in Nevada, today announced that the Canadian Company and its Canadian subsidiaries sought and obtained an Initial Order of the Supreme Court of British Columbia pursuant to the Companies’ Creditors Arrangement Act (the “CCAA”). PricewaterhouseCoopers Inc. (“PwC”) was appointed as the Monitor.
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