Altria Group, Inc. (NYSE: MO), the parent company of Phillip Morris and owner of many prevalent cigarette brands, was recently highlighted in an article on MarijuanaMoment.net titled, “Tobacco Giant Altria Is ‘Exploring Options’ On Marijuana” authored by Chris Roberts. Per the article, Altria is assessing opportunities concerning the cannabis industry. Major names in the alcohol industry and other mainstream consumer companies are showing an increasing interest in the cannabis sector as well. Constellation Brands, Inc. (NYSE: STZ), for instance, acquired a large stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) recently. The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, is engaged in the cannabis industry through building and operating large-scale, GMP compliant cultivation facilities using its patented growing systems. Flowr is preparing for the legalization of non-medicinal cannabis in Canada scheduled for October 17 of this year. The company has already signed a Memorandum of Understanding to supply premium cannabis to the British Columbia Liquor Distribution Board which will be the sole retailer of non-medicinal cannabis in the province following legalization.
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About The Flowr Corp.
Flowr, through its subsidiaries, is a vertically-integrated Canadian cannabis company focused on the natural science of cannabis. With head offices in Markham, ON and production in Kelowna, B.C., Flowr builds and operates large-scale, GMP compliant cultivation facilities utilizing their own patented growing systems. Flowr’s investment in research and development ensures that its master growers are able to supply patients with consistent, high-quality medicinal cannabis. With a sense of craftsmanship and a spirit of innovation, Flowr is also well positioned with a line of premium quality cannabis products for the upcoming adult-use market. For more information, visit the company’s website at www.Flowr.ca
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