FLOWR products are some of the priciest products. BC Sensi Star is the first product to be reduced to a more reasonable price at $8.27 a gram. While we liked BC Sensi Star, Good Supply’s products all below $8 a gram and equal in effects. Our overall impression, however, for BC Sensi Star by FLOWR is worth a try.
Cost: $28.95 for 3.5 grams
Would we buy this again? While Sensi Star was one of favourite strains, we would probably not buy it again because we prefer other strains? We now have Kali Mist, Sour Jack and Super Lemon Haze as productivity strains with powerful creative surges and strong energy flow all wrapped in an uplifting optimistic view. For Indica bliss, we like Wappa and other pure Indica strains like Quadra. The Market is now more competitive and FLOWR needs to re-calibrate their products and price points. This new pricing for BC Sensi Star is a move in the right direction … just saying.
On an investment note, depressed stock prices makes financing very painful for existing stakeholders. FLOWR last equity financing was August 8, 2019 at $4.10 a share for $43.5 million plus another $25 million in credit facilities in November 2019. As an example, if FLOWR was to do an equity financing at today’s $0.64 a share, it will still be very dilutive to shareholders who paid $4.10. Hexo is currently doing a very dilutive financing at $0.77 a share. For those who wants to invest, treasury issues like current Hexo’s financing is the real investing. When someone says they are investing in the cannabis stock market, they are really trading, or gambling. Buying stock from the Company is the real investing.