The company has determined that the extension of the maturity date of the short-term debt is exempt from the formal valuation and minority approval requirements applicable to related party transactions under Multilateral Instrument 61-101 - Protection of minority security holders in special transactions pursuant to the financial hardship exemptions set forth in sections 5.5(g) and 5.7(1)(e) of MI 61-101. About Flower One Holdings Inc. Flower One is cannabis cultivator, producer, and full-service brand fulfillment partner in the state of Nevada. Flower One offers consistent, reliable, and scalable fulfillment to a growing number of industry-leading cannabis brands ( Cookies, Kiva, Old Pal, Heavy Hitters, Lift Ticket's, The Clear, HUXTON, and Flower One's leading in-house brand, NLVO, and more).