Flowr or the Company ) announces the granting of incentive stock options to purchase 6,496,000 common shares in the capital of the Company (the Options ) and 2,970,000 restricted share units (the RSUs ) to certain employees, officers and directors of the Company, subject to regulatory approval. The Options and RSUs were granted on February 8, 2021 pursuant to the Company s applicable incentive plans. The Options are exercisable at a price of $0.44 per share and are set to expire on February 12, 2026. The Options and RSUs vest as follow: (a) one-third on the first anniversary of when the Options and RSUs were granted; (b) one-third on the second anniversary of when the Options and RSUs were granted; and (c) the remaining one-third on the third anniversary of when the Options and RSUs were granted. Notwithstanding the foregoing, 2,106,949 RSUs shall vest immediately and are subject to certain vesting periods.