TORONTO, Dec. 24, 2020 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce it has completed the early conversion of certain of its 10.0% subordinated secured convertible debentures due April 27, 2024 (the “Debentures”) pursuant to the previously announced early conversion opportunity (the “Early Conversion Opportunity”). Approximately $16.4 million aggregate principal amount of Debentures were converted under the Early Conversion Opportunity, resulting in the issuance of approximately 47.8 million common shares of the Company. Upon closing of the Early Conversion Opportunity, there were approximately $5.1 million aggregate principal amount of Debentures still outstanding. All such outstanding Debentures will continue to be governed by the terms of the indenture between the Company and Computershare Trust Company of Canada dated April 27, 2020, as amended. For more information regarding the Early Conversion Opportunity, please refer to the Company’s material change report dated November 26, 2020, which is available online under the Company’s profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com.About The Flowr CorporationThe Flowr Corporation is a Toronto-headquartered cannabis company with operations in Canada, Europe, and Australia. Its Canadian operating campus, located in Kelowna, BC, includes a purpose-built, GMP-designed indoor cultivation facility; an outdoor and greenhouse cultivation site; and a state-of-the-art R&D facility. From this campus, Flowr produces recreational and medicinal products. Internationally, Flowr intends to service the global medical cannabis market through its subsidiary Holigen, which has a license for cannabis cultivation in Portugal and operates GMP licensed facilities in both Portugal and Australia. In 2020, Flowr’s BC Pink Kush was recognized as the top indica strain in Canada by kind magazine.Flowr aims to support improving outcomes through responsible cannabis use and, as an established expert in cannabis cultivation, strives to be the brand of choice for consumers and patients seeking the highest-quality craftsmanship and product consistency across a portfolio of differentiated cannabis products. For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.On behalf of The Flowr Corporation: Lance Emanuel Interim CEOCONTACT INFORMATION: INVESTORS & MEDIA: Thierry Elmaleh Head of Capital Markets (877) 356-9726 ext. 1528 firstname.lastname@example.orgForward-Looking Information and StatementsThis press release contains “forward-looking information” within the meaning of Canadian securities laws. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”, “anticipates”, “believes”, “proposes” or variations (including negative and grammatical variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such information and statements are based on the current expectations of Flowr’s management and are based on assumptions and subject to risks and uncertainties. Although Flowr’s management believes that the assumptions underlying such information and statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this press release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting Flowr, including risks relating to: general economic and stock market conditions; adverse industry events; loss of markets; future legislative and regulatory developments in Canada and elsewhere; the cannabis industry in Canada generally; the ability of Flowr to implement its business strategies; Flowr’s inability to produce or sell premium quality cannabis, risks and uncertainties detailed from time to time in Flowr’s filings with the Canadian Securities Administrators; the Company’s inability to raise capital or have the liquidity to operate or advance its strategic initiatives and many other factors beyond the control of Flowr.Although Flowr has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information or statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking information or statement can be guaranteed. Except as required by applicable securities laws, forward-looking information and statements speak only as of the date on which they are made and Flowr undertakes no obligation to publicly update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise. When considering such forward-looking information and statements, readers should keep in mind the risk factors and other cautionary statements in Flowr’s Annual Information Form dated April 29, 2020 (the “AIF”) and filed with the applicable securities regulatory authorities in Canada. The risk factors and other factors noted in the AIF could cause actual events or results to differ materially from those described in any forward-looking information or statements.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Redmi’s first gaming phone is coming this year with MediaTek’s Dimensity 1200 – XDA Developers
Xiaomi’s Redmi sub-brand is largely known for its stellar Redmi Note series and Redmi series. Spread across the early budget and mid-ranges, these phones are often the epitome of value you can get for every bit of money you spend. Xiaomi reserves the higher end specifications for phones under its Mi branding, but that could change this year, as Redmui’s first gaming smartphone is coming with the new MediaTek Dimensity 1200.
Redmi’s General Manager in China, Mr. Lu Weibing, has revealed on Weibo (via AndroidAuthority) that the brand will launch its first flagship gaming smartphone. The statements were made within the context of the Dimensity 1200 launch and how Redmi will be the first OEM to ship a phone with the new processor, strongly hinting that this is the chip that could be powering the gaming phone. As is the Redmi philosophy, the pricing is expected to be aggressive, making the entire proposition very enticing. It’s unclear if the first phone with Dimensity 1200 would be the gaming smartphone or something within the Redmi K-series lineup.
It’s worth keeping in mind that the Dimensity 1200 features the same GPU (ARM Mali-G77MC9) as the Dimensity 1100, Dimensity 1000 Plus, and Dimensity 1000. There are other changes that do benefit a gaming smartphone, such as support for 168Hz refresh rate at FHD+, as well as support for ray tracing through software. There’s also MediaTek HyperEngine 3.0 support on the new chip, but the company did not specifically detail what this bump up in versioning brings to the table, and if the same could also make its way to the older Dimensity flagship chips as they bear the same GPU.
One thing that becomes abundantly clear is that OEMs have a lot more faith in MediaTek’s Dimensity lineup than ever before, enough to dedicate a few firsts for their brand to the new flagship chips. While it remains to be seen how the Dimensity 1200 measures up to the Qualcomm Snapdragon 888 and Samsung Exynos 2100, it does appear promising as a value performer.
Where Alberta is at with testing for COVID-19 variants | Watch News Videos Online – Globalnews.ca
We’ve heard experts say it’s normal for viruses to change or mutate. In Alberta, variants of COVID-19 from the U.K. and South Africa have been detected, so critics are calling on the government to increase testing for these strains. But as Nicole Stillger explains, labs are already very busy right now.
Get the perfect dose of nostalgia with these Galaxy Buds Pro cases – Input
A little dash of old paired with something new can be a great touch to help you reconcile the contemporary with the classic. Samsung’s new Galaxy Buds Pro, which will run you about $200, just got that treatment now that the company has launched retro charging cases on sale. These cases are shaped after the nostalgic Anycall T100 and E700 and are available in select locations only. They weigh between 35g to 40g. But who cares about that? Depending on when you came of age, they’re worth their weight in nostalgia.
And that’s the downside to the news: the cases are available in South Korea as in-store items only. To be clear, the retro clamshell charging cases don’t work on their own, so don’t expect the clock to change the time accordingly or for the case to deliver messages or calls. Nope, none of that. The retro cases are more of an aesthetic addition to the Galaxy Buds Pro and it’s not clear how much battery capacity they actually come with. We expect Samsung to release more details in the coming days. Even then, a T100 or E700 cover sounds like a fun touch for $30 a pop.
Non-functional nostalgia — The purpose behind these T100 and E700 retro clamshell cases isn’t to provide any use. Samsung is pretty clear about this much, and it’s a detail that won’t offend consumers in all likelihood. This is all about nonfunctional nostalgia. The release of these retro cases is bound to resonate with consumers who once owned actual T100 and E700 cellphones… give or take 20 years ago. That crowd might just love it, though it is a bummer that Samsung has limited the sales of these cases to one country only.
Exclusivity is hot — For now, the cases remain on sale in South Korea alone. Maybe there are plans to bring the retro accessories to stores in the West — but that remains to be seen. In the meantime, while Samsung figures out the additional details for these cases (and we hope it lets western consumers but the T100 and E700 cases eventually), we’d love to know if you think Samsung’s Galaxy Buds Pro pose a legitimate threat to Apple’s AirPods Pro. All we know is the wireless earbuds war is far from over.
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