Flower One Holdings Inc. is a leading cannabis cultivator, producer, and innovator in Nevada, today announced preliminary third-quarter revenue of $11.5 million. The new report shows how Flower One has surpassed its Q3 2020 revenue guidance range of between $9.8 million and $10.8 million. The Company continues to expect its Q3 2020 gross margin to be in line with its previous guidance of 30-35%. BDS Analytics recently reported that the August point-of-sales data for the cannabis market in Nevada experienced a 34% year-over-year growth.

Published Ncv Newswire, New Cannabis Ventures, 10/13/2020 07:52:54

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