InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Acquisition of Australian Vaporizers
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 based on the closing price of the company’s common shares…