Flora Growth Corp is a global cannabis company that focuses on the cultivation, production, and distribution of a diverse range of cannabis-derived products
The company operates through various verticals, including the cultivation of hemp for CBD extraction, the development of premium brands, and the manufacturing of wellness and beauty products. By leveraging sustainable agricultural practices and innovative formulations, Flora aims to provide high-quality, natural solutions across multiple sectors, including pharmaceuticals, food and beverage, and personal care, catering to the growing demand for cannabis products in both domestic and international markets.
Flora (NASDAQFLGC) has closed a registered direct offering to institutional investors for the aggregate purchase and sale of approximately $3.6 million of Common Shares, each at a price of $1.25. Flora announced approximately $3.6 million in expected aggregate gross proceeds from the offering, of which it intends to use the net, together with existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering. Dorsey & Whitney LLP acted as counsel to the company, and Kaufman & Canoles P.C. acted as counsel to Aegis Capital Corp.
Flora (NASDAQFLGC) announced that its THC-infused beverage brand, Melo, will be available in store in select states beginning Friday Dec. 13, 2024. The beverage is poised to reach a broader audience with imminent placement in the retail networks of Total Wines & More (“Total”), one of the most recognized retailers of innovative and premium alcoholic and non-alcoholic products in the U.S.
Flora (NASDAQFLGC) announced that its THC-infused beverage brand, Melo, will be available in store in select states beginning Friday Dec. 13, 2024. The beverage is poised to reach a broader audience with imminent placement in the retail networks of Total Wines & More (“Total”), one of the most recognized retailers of innovative and premium alcoholic and non-alcoholic products in the U.S.
Flora Growth Corp. (NASDAQFLGC) (FSE: 7301) explores integrating Bitcoin as an accepted payment method across its business platforms, the company said on Wednesday.The move aligns with the company's commitment to innovation and meeting the evolving preferences of its global customer base.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, is partnering with Canopy Growth Corp. NASDAQ: CGCNASDAQCGC)
The U.S. Hemp Roundtable made headlines in early September as its board of directors welcomed two distinguished leaders from the hemp beverage sector to its officer ranks. New York's chief equity officer at the state Office of Cannabis Management, Damian Fagon, has formally resigned, effective November 27.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, has released a statement regarding the German government’s recent approval of new legislation designed to liberalizing the cultivation of industrial hemp. According to the announcement, the updated regulations, which were passed with wide support, were introduced by Cem Özdemir, Germany’s minister of Food and Agriculture. The legislation removes a restrictive “abuse clause” and oulines a more streamlined path for industrial hemp producers. The company is currently working with local partners as it works toward a smooth and compliant entry into the German cannabinoid market.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, today announced a partnership with Flowzz.com. Flowzz.com, a dynamic e-commerce platform distributing cannabis products, accessories and wellness solutions across Europe, is one of the most popular online cannabis marketplaces in Germany. This cooperation agreement will see the establishment of a dedicated Flora e-commerce store on the Flowzz Webshop, with Flora handling fulfillment and Flowzz overseeing the creation, maintenance and marketing of the Flora Flowzz page. The partnership will enable Flora to showcase its comprehensive product line on the Flowzz platform, including Vessel products, existing shop items, cannabis strains, and cannabis flowers.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, today announced that Love Hemp’s range of functional products, oil sprays, chocolate balls, and 10-pack gummies has been added to its e-commerce platforms. Love Hemp, a U.K.-based provider of high-quality CBD and wellness products, is known for its innovative formulations and commitment to high-quality wellness products. The newly added products expand Flora’s product offering and complement its current portfolio without competing with JustCBD’s existing offerings.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, has appointed Captain Hooter, a globally recognized cannabis connoisseur, as a special advisor to the company. According to the announcement, Hooter brings more than 30 years of experience to his new responsibilities, which include enhancing Flora’s product development, brand positioning and market-expansion strategies. The company also noted that it plans to launch Captain Hooter-branded products in the future.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, today announced entry into an agreement with Nordic Tower AB, a distributor of and online marketer of smoke products, as part of its ongoing expansion into the European market. Under the partnership, Nordic Tower will become the exclusive distributor of Flora’s Vessel Brand throughout Denmark, Finland, Iceland, Norway and Sweden, ensuring a strong and effective entry into the Nordic region. The agreement positions Flora to meet the growing demand for cannabis accessories in the European market.
Flora Growth (NASDAQFLGC), a consumer-packaged goods leader and pharmaceutical distributor, today announced entry into an agreement with Nordic Tower AB, a distributor of and online marketer of smoke products, as part of its ongoing expansion into the European market. Under the partnership, Nordic Tower will become the exclusive distributor of Flora’s Vessel Brand throughout Denmark, Finland, Iceland, Norway and Sweden, ensuring a strong and effective entry into the Nordic region. The agreement positions Flora to meet the growing demand for cannabis accessories in the European market.
