Flower One Holdings, Inc. · OTC:FLOOF
Flower One — Investor Presentation (November 2021)
36 slides from Flower One's investor presentation, Nov 30, 2021
Slide 1: Investor Presentation
INVESTOR PRESENTATION CSE: FONE OTCQX: FLOOF FSE: F11 NOVEMBER 2021
Slide 2: Disclaimer
Disclaimer Statements in this presentation that are not statements of historical or current fact constitute "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of United States securities laws (collectively, "forward-lookin
Slide 3: Quote on authentic brands built from the heart
In this ever-changing society, the most powerful and enduring brands are built from the heart. They are real and sustainable. Their foundations are stronger because they are built with the strength of the human spirit, not an ad campaign. . The companies that are lasting are those that are authentic
Slide 4: Let's grow cannabis together
Let’s grow cannabis together. 4
Slide 5: Our mission and vision
Our mission Our vision is a is to share world where cannabis with trusted cannabis the world. is accessible to all. 5
Slide 6: Watch the video
Our flagship facility in Nevada is one of the top yielding facilities in North America. Flower One has built an industry-leading team focused on becoming the first national high-quality, low-cost brand fulfillment partner in cannabis. Watch the video 6 4
Slide 7: About Flower One
About Flower One GREENHOUSE FACILITY PRODUCTION FACILITY 400K 55K 25K 13+ Square Feet Square Feet Square Feet Brand Partners Flagship greenhouse, Nevada’s Capability to process over 1,000 Current indoor cultivation and And counting with industry largest and among North pounds of bulk and branded flo
Slide 8: U.S. Cannabis Opportunity
U.S. Cannabis Opportunity BEER WINE & SPIRITS COFFEE CANNABIS $100B+ $150B+ $85B+ $15B+* 25% Penetration 20% Penetration 50% Penetration 14% Penetration Source: Market size and penetration rates based on 2019 figures from | Brewers Association (beer), Statista (wine and spirits), Specialty Coffee As
Slide 9: Cannabis Legalization Highlights
Cannabis Legalization Highlights 2012 2016 2018 2020 2021 Colorado and Washington Recreational cannabis The 2018 Farm Bill The House of Following the 2020 election, become first two states to becomes legalized in Nevada, legalizes low-THC hemp Representatives passes the there are now 18 states with
Slide 10: Industry-Leading Brand Partners
Industry-Leading Brand Partners * * In-house brand 10
Slide 11: Why Nevada?
Why Nevada? Flower One serves the entire Nevada market, including tourists near Nevada Market Stats the Las Vegas Strip and local consumers throughout Nevada • Flower One has the only large-scale 2018 2019 2020 2021 greenhouse in Nevada 55k sq. ft. post-harvest • Limited licensing structure producti
Slide 12: Strategic Expansion
Strategic Expansion States with Legal Medical States with Legal & Recreational Cannabis Medical Cannabis Key Factors • Total number of licenses vs. total addressable market sizes • Competitive cultivation landscape (greenhouse, outdoor, etc.) • Wholesale & retail regulatory landscape • Current inven
Slide 13: The Next State
The Next State Enterprise Valuation by Number of States Additional Markets Typically Accelerates Valuation Multiples* 25 Flower One is well positioned to replicate its model as the industry’s leading seed-to-shelf 21.3 provider (cultivation, manufacturing and 20 distribution) 16.2 4.3 15 Deciding Fa
Slide 14: Brand Performance Highlights
Brand Performance Highlights Flower One Announces Old Pal Recognized as Successful Cookies Launch Cookies & NLVO 22Red Launch Partnership with Cookies, Top Selling Flower & Announcement of Recognized as Top Q2 2020 Old Pal & Kiva Based on Total Units Sold Cookies Las Vegas Store Selling Flower Brand
Slide 15: Cultivation
Cultivation Image: June 2019 100K+ lbs $0.58 25+ 150 Potential annual Average cash cost / gram Years of cannabis and large- Cannabis strains production capacity As of Q1 2021* scale greenhouse excellence Cas *Cash cost per harvested gram has historically been reported between $0.40-$0.69, prior to Q
Slide 16: Extraction, Manufacturing & Production
Extraction, Manufacturing & Production Multiple Premium Capabilities Products 500k Grams+ 3,000+ Liters 100+ Ethanol, LPG, CO2, Diverse product offerings Hydrocarbon cannabis Commercial scale distillation SKUs emerging from cold water and including; HTE, Live Resin, extraction annually capacity; thr
Slide 17: Distribution, Sales & Marketing
Distribution, Sales & Marketing Leading Brand Established Retail Localized Sales Just-In-Time Portfolio Partnerships & Marketing Experts Delivery Top selling brands from 90%+ Dispensary Launch campaigns, Dispensaries preserve California and beyond Penetration in-store activations working capital and
Slide 18: Restructuring Highlights
Restructuring Highlights January 2021 February 2021 March 2021 April 2021 • First Tranche Closed of Convertible • Implemented Various Automation • Announced Proposed • Successfully Closed the Debenture Financing ($10.1M) Measures that Increased Productivity Convertible Debenture Restructuring Transa
Slide 19: Revenue Performance
Revenue Performance Reported Actual Record-Breaking Quarterly Revenue of $18.3M $19,000,000 $18,000,000 $17,000,000 $16,000,000 Corporate Restructuring $15,000,000 Begins $14,000,000 $13,000,000 $12,000,000 $11,000,000 $10,000,000 $9,000,000 $8,000,000 Launch of $7,000,000 Production Lab Beginning o
Slide 20: Q3 & Q4 2021 Updates
Q3 & Q4 2021 Updates • The Company closed the first tranche of its non-brokered private placement, raising aggregate gross proceeds of $5M. • The Company has begun to implement critical improvements and introduce further automation to the facility. These improvements will allow the facility to reali
Slide 21: Our New Leadership Team
Our New Leadership Team Kellen O’Keefe Salpy Boyajian Araxie Grant President & Chief Executive Officer Executive Vice President Chief Financial Officer Leveraging over a decade of cannabis industry Founder of NLV Organics, one of Nevada’s Established financial executive with experience and a demonst
Slide 22: Our New Board of Directors
Our New Board of Directors Mitchell Kahn* Eliza Gairard* Nitin Kaushal* Kellen O’Keefe** Salpy Boyajian** Mr. Kahn brings with him more than Mrs. Gairard is a Partner at Richmond Mr. Kaushal has spent the past eight Mr. O’Keefe has over a decade of Ms. Boyajian officially joined Flower 20 years of s
Slide 23: Appendix
Appendix 23
Slide 24: Cookies
Cookies Cookies is one of the most well recognized and top-selling cannabis brands in the world. Cookies was founded in the Bay Area of Northern California in 2012 by Berner, the prolific rapper and entrepreneur, and his partner Jai, a well-respected Bay Area cultivator and breeder. Cookies is now g
Slide 25: Kiva
Kiva Kiva was founded in 2010 with a clear mission – change how the world views and uses cannabis. Frustrated by the inconsistent, low-quality edibles available at the time, a young couple began making chocolate bars out of their Bay Area, CA home kitchen. Today, their award- winning edibles are the
Slide 26: NLVO | Flower One's In-House Brand
NLVO | Flower One’s In-House Brand NLVO is a premium cannabis brand co-founded in 2016 by Salpy Boyajian, Flower One’s Executive Vice President and Chairman of the Board and Shatony Sargeant, Flower One’s Director of Client Services. NLVO elevates the senses with premium connoisseur quality cannabis
Slide 27: Old Pal
Old Pal Old Pal, a popular lifestyle cannabis brand out of California, is the lowest cost provider of legal cannabis in its home state and in Nevada. With the value-oriented segment of the market in mind, Old Pal’s suite of products include primarily pure, dried flower available in three varieties:
Slide 28: 22Red
22Red Founded by Grammy award-winning and multi-platinum recording artist, Shavo Odadjian, System Of A Down‘s bassist, 22Red is a premier Southern California cannabis brand, known for its brand authenticity and proprietary genetics. 22Red’s entire product line is available for purchase in Nevada, in
Slide 29: Miss Grass
Miss Grass Miss Grass is on a mission to help the world get good at weed. With signature THC and CBD products and a carefully curated online smoke shop and marketplace, the female-founded, community-driven cannabis brand offers everything the discerning, modern cannabis user needs. In addition to in
Slide 30: Heavy Hitters
Heavy Hitters Since originating in Southern California during the cannabis renaissance of the late 90’s, Heavy Hitters has been the connoisseur’s choice for the highest quality cannabis. Ultra Pure, Ultra Potent. A better experience starts with a premium product, continues with an innovative and exc
Slide 31: Lift Tickets
Lift Tickets Lift Tickets was founded in 2014 by cannabis enthusiasts and connoisseurs looking to elevate the consumer experience and revolutionize the pre-roll category. Passionate strain hunters and aficionados, they developed their unique skills over the last decade, creating several award winnin
Slide 32: The Clear
The Clear Clear Cannabis Inc. is the Denver-based parent company of The ClearTM. Founded in 2013, The Clear has established itself as the first and original cannabis distillation company. Featuring a robust menu of 17 flavorful vape cartridges, among other high-quality products, The Clear utilizes s
Slide 33: Nature's Lab Extracts
Nature’s Lab Extracts Nature’s Lab Extracts is a high-end cannabis extraction company that offers premium quality products. Natures’s Lab Extract first gained their reputation for leading the market in producing the world’s finest “Sauce” a cannabis product that is 50/50 blend of THC-A Crystalline a
Slide 34: Huxton
Huxton HUXTON, is an Arizona-based lifestyle cannabis brand known for their curated, consistent, multi- strain blended flower. Each of HUXTON’s three product series (HIFI, RISE, and ZEN) comprises a hand-selected variety of cannabis genetics that unite full terpene, cannabinoid, and trichrome profil
Slide 35: Palms
Palms Palms Premium is a California-based, experience-driven cannabis brand known for high-quality pre-rolls that offer consumers a thoughtful and consistent cannabis experience. Their products lines such as ‘Social’ and ‘Chill’, ensures that consumers are able to find a product that speaks to their
Slide 36: Let's grow cannabis together
Let’s grow cannabis together. Kellen O’Keefe, President & CEO Araxie Grant, CFO E [email protected] E [email protected] Investor Inquiries Media Inquiries E [email protected] E [email protected]
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