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 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.
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 Corp (NASDAQFLGC) partners with Canapuff to distribute Vessel brand cannabis accessories in Czech market. Expanding in Europe, targeting high demand for quality hardware.
Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF) said on Wednesday the sale of Australian Vaporizers Pty Ltd., its wholly owned Australian subsidiary to Flora Growth Corp. (NASDAQFLGC).The sale, first announced in September 2023, was wrapped up through a share purchase agreement, under which Lifeist has sold the issued and outstanding shares of Aussie Vapes to Flora, for roughly CA$900,000 ($658,439). The sum is payable by Flora issuing from treasury to Lifeist 550,000 of its common shares.In the meantime,
Flora Growth Corp. (NASDAQFLGC) has formed a joint venture with Althea Group Holdings (ASX: AGH) to debut in the hemp-derived beverage market.Peak USA JV LLC is designed to capitalize on current commercial opportunities in the beverage market in the U.S.It will utilize and combine Flora's U.S.-based CPG team with Althea's Peak Processing Solutions - which is a recognized operator in the cannabis-infused beverages space. Peak has a 40% market share in Canada.
