TORONTO, Oct.  20, 2022  (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces today that the Company and its subsidiaries, The Flowr Group (Okanagan) Inc. (“Flowr Okanagan”), The Flowr Canada Holdings ULC (“Flowr ULC”) and Terrace Global Inc. (“Terrace” and collectively with the Company, Flowr Okanagan and Flowr ULC, the “Flowr Group”) will make an application for an order for creditor protection (the “Initial Order”) from the Ontario Superior Court of Justice (Commercial List)(the “Court”) under the Companies’ Creditors Arrangement Act (the “CCAA”). The Company will be making its application to Court for the Initial Order on October 20, 2022.
The Flowr Corporation To File for CCAA Protection
The Flowr Corporation To File for CCAA Protection --  The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces today that the Company and its subsidiaries, The Flowr Group (Okanagan) Inc. (“Flowr Okanagan”), The Flowr Canada Holdings ULC (“Flowr ULC”) and Terrace Global Inc. (“Terrace” and collectively with the Company, Flowr Okanagan and Flowr ULC, the “Flowr Group”) will make an application for an order for creditor protection (the “Initial Order”) from the Ontario Superior Court of Justice (Commercial List)(the “Court”) under the Companies’ Creditors Arrangement Act (the “CCAA”). The Company will be making its application to Court for the Initial Order on October 20, 2022.