Mr. Kellen O'Keefe reports

FLOWER ONE LAUNCHES VETERAN CREATED AND INSPIRED BRAND, KUNO

Flower One Holdings Inc. will be launching Kuno, a veteran-created and veteran-inspired brand. Kuno's products will be available at a discounted price to veterans at participating retailers. A portion of the brand's sales will be donated to the SEAL Future Foundation and other veteran-focused charity organizations.

"Kuno was created with the intent of making quality cannabis products more readily available to veterans," said Grayson Bowman, Flower One's director of special operations and former Navy SEAL. "We have carefully selected genetics with cannabinoid profiles for Kuno that are best suited to meet the needs of my fellow veteran community."

"We are proud to introduce Kuno to the state of Nevada," said Kellen O'Keefe, Flower One's president and chief executive officer. "Kuno will provide veterans with access to quality cannabis at a discounted price, and also serve as an educational platform focused on the many benefits of cannabis."

Kuno products will be available in Nevada at Jardin, Oasis, NuWu and other participating retailers starting June 24, 2022. Products from this launch will include one-half ounce and one-eighth oz of premium full-sized, single-strain flower.

About Kuno

Kuno is a cannabis brand, launched by Flower One, that is focused on bringing awareness to the psychological health benefits that the cannabis plant may provide to veterans. A portion of all proceeds from the brand will be donated to the SEAL Future Foundation and other veteran-focused charity organizations, while the brand also provides an in-store discount to veterans with valid identification at participating retailers.

About Flower One Holdings Inc.

Flower One is the largest cannabis cultivator, producer and full-service brand fulfilment partner in the state of Nevada. By combining more than 20 years of greenhouse operational excellence with best-in-class cannabis operators, Flower One offers consistent, reliable and scalable fulfilment 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). Flower One currently produces a wide range of products from flower, full-spectrum oils and distillates to finished consumer packaged goods, including a variety of prerolls, concentrates, edibles, topicals and more for top-performing brands in cannabis. Flower One's Nevada footprint includes the company's flagship facility, a 400,000-square-foot high-tech greenhouse and 55,000-square-foot production facility, as well as a second site with a 25,000-square-foot indoor cultivation facility and commercial kitchen. Flower One has built an industry-leading team focused on making high-quality cannabis accessible to all.

The company's common shares are traded on the Canadian Securities Exchange under the company's symbol FONE, in the United States on the OTCQX Best Market under the symbol FLOOF and on the Frankfurt Stock Exchange under the symbol F11.

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