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InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Acquisition of Australian Vaporizers

June 6, 2024

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor, has entered into and closed on a share purchase agreement; the agreement is to acquire all issued and outstanding shares of Australian Vaporizers Pty Limited in exchange for 550,000 Flora common shares. According to the announcement, the Flora shares are valued at $0.7 million […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Acquires Aussie Vapes

June 5, 2024

Lifeist Wellness Inc. (TSX.V: LFST) (OTC: LFSWF) (FRA: M5B), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today announced the sale of Australian Vaporizers Pty Ltd. (“Aussie Vapes”), its wholly owned Australian subsidiary, to Flora (NASDAQ: FLGC), a U.S.-based consumer-packaged goods and pharmaceutical distributor serving […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Althea Group Holdings Announce JV to Produce Next Generation of Beverages

June 4, 2024

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor, has entered a joint venture (“JV”) agreement with Althea Group Holdings, a global leader in the manufacturing, sales and distribution of cannabis-based medicines and recreational cannabis products. The two companies are partnering to enter the hemp-derived beverage market and produce the next generation of […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp.’s (NASDAQ: FLGC) Vessel Brand Releases Standout Second-Generation Compass Rise

May 30, 2024

Flora (NASDAQ: FLGC) is a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world. Flora’s Vessel Brand, renowned for its design and precision craftsmanship, announced today the release of Compass Rise. Compass Rise has a sleek design, cutting-edge technology, and the ability […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) CEO Notes White House, Presidential Support of Cannabis Rescheduling

May 17, 2024

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor, has released a statement regarding President Joe Biden and his administration’s actions regarding moving to reschedule cannabis under U.S. federal law. According to the announcement, President Biden has called rescheduling cannabis “monumental” and noted that it is an “important move towards reversing longstanding inequities.” […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces ‘Natural Progression’ of Beverage Focus, Joins U.S. Hemp Beverage Alliance

May 16, 2024

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor, has joined the Hemp Beverage Alliance. The alliance is a coalition of leading companies committed to build a safe, thriving and ethical hemp beverage industry by providing education, advocacy, self-regulation and partnership. According to the announcement, demand for hemp-derived cannabinoids in the United States […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Q1 2024 Financial Report

May 15, 2024

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor, is reporting its financial and operating results for the first quarter of 2024, the period ended March 31, 2024. The report included summary results for the company’s TruHC acquisition, financing activities, new product launches and partnerships, and summaries of the company’s JustCBD, Vessel and […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Responds to Reported Plans for DEA to Reschedule Cannabis

May 1, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, is responding to the reported historic move by the U.S. Drug Enforcement Administration (“DEA”) to reclassify cannabis from its list of Schedule I drugs to Schedule III. According […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Moves to Acquire TruHC

April 16, 2024

Flora (NASDAQ: FLGC) is a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world. The company has announced its entry into a definitive agreement to acquire all of the issued and outstanding shares of TruHC Pharma GmbH in exchange for 2,770,562 Flora common […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Partners to Bring JustCBD and Vessel Products to Polish Market

April 11, 2024

Flora (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, today announced its entry into an exclusive distribution agreement with Me Raw Trade Ltd. to distribute both JustCBD and Vessel branded products in Poland. An independent private company, Me Raw […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Partners to Bring Vessel Products to the Israeli Market

April 10, 2024

Flora (NASDAQ: FLGC) is a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world. The company today announced its entry into a strategic distribution agreement with IM Cannabis Corp. (“IMC”) for Vessel products in Israel. A wholly owned subsidiary of Flora, Vessel is […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes on $3.2M Public Offering

April 9, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, has closed on an underwritten public offering. The offering, which was comprised of 1.7 million common shares, resulted in $3.23 million in gross proceeds for Flora Growth, before […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Pricing Information Regarding Million-Dollar Public Offering

April 5, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, is reporting the pricing on its underwritten public offering. According to the announcement, the offering includes 1.7 million common shares valued at approximately approximately $3.23 million, before the […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Information Regarding Proposed Underwritten Public Offering

April 4, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, has announced a public offering. The offering is for the company’s common shares traded on the NASDAQ market. According to the announcement, Flora Growth plans to use the […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Plans Acquisition to ‘Maximize Benefits of German Cannabis Legislation’

April 1, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, has entered a Letter of Intent (“LOI”) to acquire TruHC Pharma GmbH. According to the agreement, the acquisition is an all-stock deal in exchange for 2,770,562 Flora common […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Collaborates for Vessel Distribution in the UK

March 28, 2024

Flora (NASDAQ: FLGC) is a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world. The company today announced the signing of an exclusive distribution agreement with Althea Group Holdings Limited (“AGH”) for Vessel brands in the United Kingdom. Vessel is a wholly […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Expanding Reach in Germany, Announces Launch of Cannabis Home-Grow Kit

March 25, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, has announced plans to expand its global genetics business in Germany. According to the announcement, the company is launching a cannabis home-grow kit, including start-up material seeds and […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Commends Passing of Recreational Cannabis Legislation by German Lawmakers

March 22, 2024

Flora Growth (NASDAQ: FLGC), a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, is applauding Germany’s upper house lawmakers. The company noted that the government officials passed a recreational cannabis legalization bill, following the bill’s approval by the lower house in […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Poised to Play Key Role Amidst ‘Historic Day for Cannabis in Germany’

February 26, 2024

Flora (NASDAQ: FLGC), a cannabis focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, today issued an update to applaud the German parliament for voting in favor of legalizing cannabis for recreation use. After obtaining the first medical cannabis license in Germany, […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) CEO Reports on Record Financials, Future Strategic Plans During Proactive Interview

February 6, 2024

Flora Growth (NASDAQ: FLGC), a global consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with more than 20,000 points of distribution, was featured during a recent Proactive interview. Flora Growth CEO Clifford Starke was a guest on a recent Proactive release. Starke chatted with Proactive host Steve Darling about the […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Chair Board of US Hemp Roundtable

January 22, 2024

Flora (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, today announced that its CEO and Director Clifford Starke was elected as chairman of the U.S. Hemp Roundtable board of directors. “We’re pleased to announce the election of Mr. Clifford […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Reports Change in Leadership

October 3, 2023

Flora Growth (NASDAQ: FLGC), a global consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with more than 20,000 points of distribution, announced changes in leadership. According to the announcement, Hussein Rakine has officially resigned from his role as director at Flora Growth; however, he will continue to serve as a […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Pricing of $2.7M Registered Direct and Concurrent Private Placement

September 19, 2023

Flora (NASDAQ: FLGC), a global consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution, today announced its entry into securities purchase agreements with institutional investors for the purchase and sale of 1,369,000 of the company’s common shares, no par value, pursuant to a registered direct offering, […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Inks Deal to Acquire Australian Vaporizer

September 18, 2023

Flora Growth (NASDAQ: FLGC), a global consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with more than 20,000 points of distribution, has entered into a definitive agreement to acquire Australian Vaporizers Pty Limited. The agreement outlines FLGC’s intent to acquire all issued and outstanding shares of Australian Vaporizers in exchange […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC), TruHC Pharma GmbH Partner to Capture Significant Market Share in Germany

August 18, 2023

Flora (NASDAQ: FLGC), a global consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution, has announced its entry into a partnership with TruHC Pharma, a medical cannabis expert based in Hamburg, Germany. TruHC holds an EU-GDP certification as an importer, distributor and manufacturer of medical cannabis, […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Release Q2 2023 Financial and Operating Report, Schedules Conference Call

August 11, 2023

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000-plus points of distribution around the world, is reporting on its three-month and six-month performance, for the period ending June 30, 2023. Highlights for the quarter include a 140% increase in year-over-year revenue, which came in […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Seals Worldwide Deal with WWE Superstar Hulk Hogan to Carry Exclusive Product Line

August 2, 2023

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader serving all 50 states and 13 countries with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, is partnering with the world-renowned Hulk Hogan. According to the announcement, Flora Growth and Hogan, a WWE superstar, have entered into an exclusive worldwide agreement. […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Status Update on Colombian Assets Sales Agreement

July 26, 2023

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader serving all 50 states with 15,000-plus points of distribution around the world and a pharmaceutical distributor in 28 countries, is reporting on the agreement for the C$0.8 million sale of its Colombian-related subsidiaries and assets. The agreement, which is dated July 5, 2023, is with a private […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Management Changes, Compliance with NASDAQ Requirements

June 28, 2023

Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader serving all 50 states with more than 15,000 points of distribution around the world and a pharmaceutical distributor in 28 countries, has named two new executive appointments. The company announced that Clifford Starke has been appointed as CEO and Dany Vaiman has been appointed CFO. Previously serving […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Shares Location Change for Upcoming Annual, Special Shareholder Meeting

May 25, 2023

Flora Growth (NASDAQ: FLGC), a global cultivator, manufacturer and distributor of cannabis products and brands, has announced a change to the location of its upcoming annual and special meeting of shareholders. The meeting is scheduled to begin at 9 a.m. on June 6, 2023, ET. The company announced that the meeting location has changed; the […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Q1 2023 Financial Report

May 16, 2023

Flora Growth (NASDAQ: FLGC), a global cultivator, manufacturer and distributor of cannabis products and brands is reporting on its financial and operating results for the quarter ended March 31, 2023. Highlights of the report note that Flora generated $20.1 million in revenue during the quarter, a 307% increase year-over-year, with gross profit for the quarter […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Names Serial Entrepreneur as New CEO, Board Member

April 19, 2023

Flora Growth (NASDAQ: FLGC), a leading cultivator, manufacturer and distributor of global cannabis products and brands, has appointed Hussein Rakine as CEO and a member of the board; the company also announced that Luis Merchan, board chair and CEO, had resigned both positions. Founder and CEO of Just Brands LLC, Rakine brings impressive experience to […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces CGMP Certification of Bogotá-Based Flora Lab 4

April 4, 2023

Flora (NASDAQ: FLGC), a leading cultivator, manufacturer and distributor of global cannabis products and brands, today announced the certification of its Bogotá-based compound formulation laboratory, Flora Lab 4, following the required regulatory inspection by INVIMA (Colombia’s equivalent to the U.S. Food and Drug Administration). According to the update, the inspection certifies the lab as meeting […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases 2022 FY Financial Report, Including Triple-Digit Growth and $37.2M in Revenue

April 3, 2023

Flora Growth (NASDAQ: FLGC), a leading cultivator, manufacturer and distributor of global cannabis products and brands, has announced its 2022 financial and operating results for the fiscal year ended Dec. 31, 2022. Highlights of the report include $37.2 million in revenue for the year, which is a year-over-year increase of 314% and includes record revenue […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Schedules Release of 2022 YE Results, Earnings Call

March 21, 2023

Flora (NASDAQ: FLGC), a leading cultivator, manufacturer and distributor of global cannabis products and brands, today announced that it will host its 2022 year-end earnings call via webcast at 8:00 a.m. ET on Monday, April 3, 2023. During the webcast, Flora management will deliver financial and operational results for the year ended Dec. 31, 2022, […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters National Distribution Agreement with Colombia’s Largest Coffeehouse Chain

February 21, 2023

Flora Growth (NASDAQ: FLGC), a leading outdoor grower, manufacturer and distributor of cannabis products and brands worldwide, has inked a deal to begun distributing its House of Brands product line through Procafecol S.A., the parent company of the Juan Valdez coffeehouse chain, one of the most well-known Columbian coffee brands. According to the agreement, Flora […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Issues 2023 Forecasted Revenue Anticipating >100% YOY Growth

January 30, 2023

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced revenue guidance of US$90 million to US$105 million for fiscal year 2023. Flora’s 2023 revenue guidance reflects expected organic growth in its House of Brands division and expansion of its Commercial & Wholesale division capabilities. In addition, […]

InvestorNewsBreaks

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Year-End Webcast Review

January 26, 2023

Flora Growth (NASDAQ: FLGC), a leading outdoor grower, manufacturer and distributor of cannabis products and brands worldwide, has scheduled a webcast to provide an overview of the company’s operational milestones achieved in 2022. The year-end review is slated for Jan. 30, 2023, and will begin at 4:30 p.m. ET. The webinar, which will be prerecorded, […]

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