Mr. Kellen O'Keefe reports

FLOWER ONE HIRES TIM SHOEMAKE AS CHIEF OPERATING OFFICER

Flower One Holdings Inc. has appointed Tim Shoemake as its chief operating officer, effective June 28, 2022.

"We are very excited to have Tim on board, as he brings a unique combination of experience both inside and outside of cannabis to the table," said Kellen O'Keefe, Flower One's president and chief executive officer. "Tim's expertise in large-scale, highly competitive perishable goods manufacturing makes him a valuable asset, and we look forward to working closely with him to assure we deliver the quality and consistency needed to be successful."

"I am thrilled to be part of such a fantastic organization, with a clear vision and deep commitment to doing things right. The leadership team is one of the best in the industry and I am looking forward to helping Flower One achieve its goals," said Mr. Shoemake.

Mr. Shoemake has over 25 years of experience in global agriculture and food and beverage manufacturing for some of the largest brands and retailers in the world. He has founded multiple companies in the food and agriculture industries, leading to successful exits. His agriculture experience includes complex supply chain and large-scale juice production for industry heavyweights, such as Odwalla (The Coca Cola Company), Naked Juice (PepsiCo) and Evolution Fresh (Starbucks). Mr. Shoemake's career in private-label juice manufacturing includes exclusive partnerships with grocery leaders, such as Costco and Safeway. Mr. Shoemake has true seed-to-sale experience across multiple industries. After entering cannabis, Mr. Shoemake has worked in the industry for both multistate and publicly traded companies in California, Colorado and Nevada. Mr. Shoemake is a graduate of Pepperdine University's Graziadio School of Business and Management and has served on multiple boards, including Cal Poly San Luis Obispo's Agribusiness Advisory Council and the Orange County Fair's Centennial Farm Foundation. He is a certified connoisseur, having completed the rigorous Ganjier certification courses, as a certified Ganjier candidate.

"Finding somebody with Tim's level of experience, that also aligns with our culture at Flower One, is no easy task. We have searched long and hard for the right talent, and are proud to welcome Tim to our executive team," said Salpy Boyajian, Flower One's executive vice-president and board chairman.

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, 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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