The Flowr Corporation announced leadership and governance changes with the appointments of Darren Karasiuk to the role of Chief Executive Officer and Director and the additions of Stephen Arbib as Chairman and Marvin Singer to the Board of Directors. Tom Flow, who has acted as Interim CEO of Flowr since March, remains on the Board along-side incumbents Joanne Lee and Ryan Roebuck. Darren is a veteran of the cannabis industry with experience and success in all aspects of the value chain.

Prior to joining Flowr, Darren was CEO of Nova Cannabis, one of Canada's larger cannabis retailers, disrupting the industry with the launch of the Value Buds banner. Prior to Nova, Darren was Chief Commercial Officer at Aurora Cannabis, leading it to become market share leader in Canada's recreational and medical markets as well as in Europe. Before joining Aurora, Darren was VP Strategy and later SVP and GM, Recreational for MedReleaf, a Canadian LP sold to Aurora in 2018.

Stephen Arbib is a Canadian entrepreneur, philanthropist and significant shareholder of Flowr. Mr. Arbib is the founder?and CEO of Momentum Solutions, one of the world's leading logistics and life support service providers, specializing in humanitarian and emergency operations for government agencies, militaries and non-profit organizations. Momentum provides services from passenger and cargo air movements, freight forwarding, construction equipment leasing, labour force and staffing and housing.

In 2013, Mr. Arbib founded?MedReleaf, the first ISO 9001 certified cannabis producer in North America and one of the global leaders in the production and research of medicinal cannabis which was sold to Aurora for CAD 3.2Bn in 2018. Mr. Arbib is the Director of the Arbib Foundation, a charitable foundation that allocates personal funds to charities across the globe. Marvin Singer currently works as a director and corporate consultant.

Mr. Singer has acted as a consultant to private and public companies since January 2020, after retiring from practising corporate and securities law for 40 years, most recently as a senior partner in the international law firm of Norton Rose Fulbright Canada LLP from 2005 until 2019. Mr. Singer has extensive experience in equity and debt financings, governance, and mergers and acquisitions. Mr. Singer served as a director for Nova Cannabis and is currently a director of Osino Resources Corp.

and Psyence Group Inc.