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Share: Highlights: Strategic Review Committee has commenced process of rightsizing headcount for immediate cost reductions, reducing annual operating expenses by approximately $2 million, excluding restructuring charges. The Company maintains a strong liquidity position with approximately $23.5 million in cash and cash equivalents as of March 31, 2021 with a $100 million base shelf prospectus available. Flowr has disposed of non-core licenses and operations in offshore jurisdictions. The Company expects approximately $5 million from non-core asset sales, including approximately 4 acres of industrial land located in Kelowna. The Company focused on being an ultra-premium and premium dry flower producer in Canada and the E.U. TORONTO, April 14, 2021 (GLOBE NEWSWIRE) The Flowr Corporation ((TSX.V: FLWR, OTC:FLWPF) (

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