InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters LOI with Panamanian Importer and Distributor, Applauds Recent Cannabis Law Reforms
September 16, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a non-binding letter of intent (“LOI”) with Robust Farms Inc., a Panamanian importer and distributor, to supply its premium cannabidiol (“CBD”) derivative products from its Kasa Wholefoods division. In addition, Robust will be […]
Flora Growth Corp. (NASDAQ: FLGC) Receives its 2021 Commercial Export Quota Allocation from Colombian Government; Partners to Optimize Its Supply Chain By Implementing Global Cannabis Product Validation and Authentication Platform
September 15, 2021
Flora also recently announced it had received its 2021 commercial export quota allocation of 7,900 kilograms to cultivate, process, and distribute high-THC cannabis Flora Growth also announced it has entered into an agreement with Applied DNA Sciences, Inc. and TruTrace Technologies, Inc. FLGC will deploy the two companies’ integrated technology as part of its global […]
Flora Growth Corp. (NASDAQ: FLGC) Expands Across International Borders into Europe and Asia
September 13, 2021
Flora Growth business divisions include pharmaceuticals, cosmetics, hemp textiles, and food & beverage sectors Flora Lab now has three GMP certifications – one each for cosmetics, phytotherapeutic products, and dietary supplements Flora Growth operates internationally but has its cultivation and processing operations based in Colombia – with one of the largest outdoor cultivation facilities in […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Recognition of Flora Beauty’s Mind Naturals as Trendsetting Brand at Cosmoprof North America
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that Flora Beauty recently participated in the 18th annual Cosmoprof North America (“CPNA”) event. At CPNA, Flora Beauty’s Mind Naturals CBD Rich Moisturizer was selected for its innovation and featured in CosmoTrends, a special section on […]
Flora Growth Corp. (NASDAQ: FLGC) Inks €2M Investment in Hoshi As Part of its European Expansion Plan
September 9, 2021
Flora closed a €2 million investment in Hoshi International Inc., fulfilling the earlier-announced LOI back in June 2021 This move is set to capitalize on Hoshi’s strong European presence, its technical know-how along with its understanding of the European market Hoshi acknowledged the investment with the announcement that it would work together with Flora to […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Receipt of GMC Authorization Permitting Cosmetic Product Manufacturing
Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced that it has received Good Manufacturing Practices (“GMP”) certification from the Colombian National Food and Drug Surveillance Institute (“INVIMA”) authorizing the manufacture of cosmetics products. Effective immediately, the GMP authorization allows Flora to offer cosmetic products for export […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Collaborates to Launch Cutting-Edge Global Cannabis Product Validation, Authentication Platform
September 8, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into agreements with TruTrace Technologies Inc. (CSE: TTT) (OTCQB: TTTSF) and Applied DNA Sciences Inc. (NASDAQ: APDN) to launch a complete and differentiated global cannabis product validation and authentication platform for consumers, distributors and […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Marks Milestone with Receipt of 2021 Commercial Export Quota of Psychoactive Cannabis Flower from Colombian Government
September 7, 2021
Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has received its 2021 export quota from the Colombian Technical Quotas Group (“TQG”) of 7,900 kilograms of high-THC cannabis dried flower; the company anticipates using the dried flower for direct sale or to process into derivative products that will […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Receipt of GMC Authorization Permitting Cosmetic Product Manufacturing
September 3, 2021
Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced that it has received Good Manufacturing Practices (“GMP”) certification from the Colombian National Food and Drug Surveillance Institute (“INVIMA”) authorizing the manufacture of cosmetics products. Effective immediately, the authorization allows Flora to offer cosmetic products for export to […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes Investment in Hoshi, Strengthens Gateway to European Market
August 24, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has closed the previously announced € 2M (two-million Euros) investment in Hoshi International Inc., while also increasing its fully diluted ownership in Hoshi through a securities swap. In addition, the companies have agreed to strengthen the terms of […]
InvestorNewsBreaks – Why Flora Growth Corp. (NASDAQ: FLGC) Is ‘One to Watch’
August 23, 2021
Flora Growth Corp. (NASDAQ: FLGC), an internationally focused cannabis brand builder, boasts a portfolio that spans several verticals, including pharmaceuticals, textiles, cosmetics, and food and beverage — each with a thoughtful brand designed to resonate with its intended end customer. From Flora Lab SAS and Flora Beauty to KASA Wholefoods and Hemp Textiles & Co., […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases H1 2021 Financial and Operational Report, Guidance for H2
August 20, 2021
Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has reported financial and operating results for the six-month period ending June 30, 2021. Highlights of the report include revenue of more than $2 million with an estimated unaudited gross profit of 60% as compared to revenues of approximately $100,000 for […]
Flora Growth Corp. (NASDAQ: FLGC) Spreads Word About its Cannabis Operations, Announces LOI to Acquire Luxury Accessories Company Vessel Brand
Flora Growth Corp. is a global cannabis production and distribution company that has created a premium house of brands which supplying its cannabis products for cosmetics, pharmaceuticals, natural wellness, hemp textiles, and food and beverages, with high-quality product at below-standard costs Flora Growth’s primary regulatory licensed operations are in Colombia, where the country’s government recently […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Plans to Acquire Industry Leading Vessel Brand
August 17, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a letter of intent (“LOI”) to acquire 100% of Vessel Brand Inc. Vessel is driving cannabis and wellness industries forward by bringing to market innovative products and experiences that elevate consumer expectations. With […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Present at SNN Network Summer Virtual Event
August 16, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, will participate at the SNN Network Summer Virtual Event taking place on Aug. 17-19, 2021. Flora Growth is among the 60 companies that will present via virtual webcast to a global investor audience. The event will begin with […]
Flora Growth Corp. (NASDAQ: FLGC) Marks Huge Milestone With The Fulfilment of Its Initial Purchase Order Valued at US$1.1m; Set to Hold First Half 2021 Earnings Call on August 19
Kasa, Flora’s food and beverage division, announced that it had completed its first purchase order valued at approximately US$1.1m This fulfillment is in line with the sales agreement with Tropi, the largest distributor in Colombia, that dates back to July 2021 and is set to last for a year This initial sale demonstrated the company’s […]
Flora Growth Corp. (NASDAQ: FLGC) Eyeing Bonanza after Colombian President Changes Cannabis Law
August 13, 2021
NEW YORK, Aug. 13, 2021 (GLOBE NEWSWIRE) — NetworkNewsAudio – Flora Growth Corp. (NASDAQ: FLGC) announces the availability of a broadcast titled, “Colombia Challenges Canadian Cannabis Dominance.” To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast To view the full editorial, please visit: https://nnw.fm/p1UWI Near-perfect growing conditions, skilled labor and friendly regulations have underscored Colombia’s emergence in the legal […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Applauds Nasdaq in Promoting Diversity, Announces Strategic Board Appointment
August 12, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced acceleration of its transition plans to be compliant with the recently approved Nasdaq board diversity initiatives. As part of this transition, Flora has appointed Lead Scientific Advisor Dr. Annabelle Manalo-Morgan, PhD, to its board of directors, […]
Flora Growth Corp. (NASDAQ: FLGC) in Prime Position to Benefit from Colombian Legislative Change
August 11, 2021
NEW YORK, Aug. 11, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Flora Growth Corp. (NASDAQ: FLGC) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication, “Colombia Challenges Canadian Cannabis Dominance,” please visit: https://nnw.fm/p1UWI In 2020, Canada […]
Flora Growth Corp. (NASDAQ: FLGC) Inks 2 LOIs to Boost CBD Product Distribution in Australia, Latin America
August 10, 2021
Flora Growth Corp. is a Colombian cannabis cultivator that is building a global cannabis CPG portfolio of premium brands and products Flora Growth recently announced an LOI designed to grant it an in-road to Australia’s over-the-counter medical cannabis and CBD commercial markets The company also signed an LOI to distribute popular Canadian pain topical brand […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Marks ‘Major Turning Point’ Through Kasa Wholefoods Division
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that its food and beverage division, Kasa Wholefoods Company S.A.S., has completed its first purchase order, valued at approximately US$1.1 million. The order was for Importaciones y Asesorias Tropi S.A.S. (“Tropi”) as part of the sales […]
Flora Growth Corp. (NASDAQ: FLGC) Receives Fair Value Estimate, Coverage from Argus Research Company; Developing Growth Opportunities by Columbia’s Cannabis Law, Headquarter Relocation
August 9, 2021
Flora Growth Corp recently received coverage from Argus Research, which gives the company’s stock a fair value estimate of $7.50 against the $3.24 recorded July 20 Argus also projects that Flora’s revenue would increase to $9 million in 2021 and $31 million in 2022, up from $0.1 million reported in 2020 Flora received a boost […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Host 1H 2021 Earnings Call
August 6, 2021
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced that it will host its first-half 2021 earnings call following the release of its first-half 2021 financial results. The webcast is scheduled to be held at 4:30 p.m. ET on Thursday, Aug. 19, 2021. FLGC management […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces LOI, Enters Promising Australian Medical Cannabis and OTC CBD Space
July 29, 2021
Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, as signed a Letter of Intent (“LOI”) with Evergreen Pharmacare Pty Ltd. Evergreen is a licensed importer and distributor of medical cannabis products based in Australia, and the LOI calls for Flora to provide raw and finished medical cannabis products for […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Partner with Avaria to Bring Award-Winning KaLaya Brand to LATAM Distribution Network
July 27, 2021
Flora Growth Corp. (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a non-binding letter of intent (“LOI”) to form a joint venture (“JV”) with Avaria Inc. Canadian-based Avaria is the manufacturer and owner of KaLaya — an award-winning pain cream distributed across Canada. Through the […]
Flora Growth Corp. (NASDAQ: FLGC) Is ‘One to Watch’
Flora Growth is uniquely positioned to achieve revenue growth, with a balance sheet supported by two successful financings and the recent launch of multiple operating divisions The company boasts a robust M&A pipeline featuring strategic targets with near-term revenue growth opportunities and global distribution channels Flora Growth is led by an exceptional management team featuring […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Positioned to Benefit from Revised Colombian Regulations, Is Covered by Argus Research Report
July 26, 2021
Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has announced that new Colombian regulations allow the company to increase revenue both long and short term. The regulations also enhance the company’s global supply chain of premium brands and products, and expand economics both domestically and abroad. The changes were […]
InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Plans to Move Headquarters, Extends Warrants
July 23, 2021
Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, announced that it will be moving its headquarters to Miami, Florida; the company chose its new head-office location after conducting an “exhaustive and comprehensive” search. Designed to provide the company with additional space and to attract top-tier talent, the relocation is […]