Flower One Holdings Inc. announced that it has received payment default notices from RB Loan Portfolio II, LLC in respect of interests in the amount of $262,500 due on January 1, 2021 in connection with a loan from RB Loan Portfolio I, LLC to the company in the amount of $30,000,000, and from RB Loan Portfolio I, LLC in respect to lease payments in the amount of $526,677 due on January 5, 2021 in connection with the company’s lease of the greenhouse facility located at 3950 North Bruce Street in North Las Vegas. The company also has not paid: (i) the January lease payment of $248,268 in connection with the lease of its cultivation and production facility at 343 Neeham Road in North Las Vegas, and (ii) interest payments due on two other loans (totaling $152,306 and $27,575), all of which were due January 1, 2021. No default notices have been received in respect to these payments.