Flora Growth Corp. FLGC Archives - Page 15 of 18

ThursdayOct 07, 2021 11:48 am

Flora Growth Corp. (NASDAQ: FLGC) Further Growing its Market Reach with Recent Panama Entry

Panama’s National Assembly recently passed a bill legalizing cannabis for medical use Plans are already in place to establish a technical council on cannabis, a national register of qualified users, and the issuance of seven licenses for import and domestic production of cannabis-based medicinal products Robust Farms Inc., a Panama-based importer and distributor, is set to receive its cannabis import license Flora has entered into a non-binding LOI with Robust to initially supply its premium CBD-derivative products from its Kasa Wholefoods division This marks a significant move in Flora’s overall global expansion plan Years of research have shown that medical…

WednesdayOct 06, 2021 10:34 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Launch of Global Clinical Trials

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced its entry into an agreement to begin scientific clinical trials globally. According to the update, the focus of this study will be on the use of cannabinoids in patients suffering from fibromyalgia or chronic pain, with primary research sites located in the United States and the United Kingdom. By running phase trials in parallel (in vitro, in vivo, pilot in human, safety/efficacy, etc.), Flora Pharma expects to fast track traditional FDA and NHS timelines. “A paradigm shift is upon us where…

MondaySep 27, 2021 12:52 pm

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Completes First Step in European Expansion Plan

Flora Growth Corp. (NASDAQ: FLGC) recently closed a €2 million investment in Hoshi International Inc., a fully integrated cannabis company, and uniquely positioned to become the leading provider of cannabis and derivative products for the budding European market. With the investment, Flora is set to capitalize on Hoshi’s strong European presence as well as leverage its technical know-how and understanding of its European market to not only expand its reach but also obtain its European Union Good Manufacturing Practices (“EU-GMP”) certification. A recent article reads, “Flora hopes to capitalize on Hoshi’s understanding of and presence within the European market to…

WednesdaySep 22, 2021 9:15 am

Flora Growth Corp. (NASDAQ: FLGC) Makes Early Leap into Expected Opening of Cannabis Trade in Panama

Flora Growth Corp., a cannabis company with low-cost cultivation and global distribution, recently reached a non-binding LOI with Panamanian importer and distributor Robust Farms Inc. to supply product from its portfolio Panama is a country on the verge of opening to medical marijuana sales and the first in Central America to open a regulated market following legislation approved without a dissenting vote by the National Assembly Flora Growth maintains a large licensed outdoor operation in Colombia, from which it cultivates cannabis that will be used in a variety of branded products Flora Growth has been increasing its international outlets, including…

TuesdaySep 21, 2021 10:08 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Host Sept. 21 Live Fireside Discussion

Flora Growth Corp. (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has announced that it will be hosting another live fireside discussion between CEO and President Luis Merchan, Chief Revenue Officer Jason Warnock and Vice President of Corporate Development James Williams. The virtual fireside conversation is scheduled to take place at 1:00 p.m. Eastern time on Sept. 21. Specifically, Merchan, Warnock and Williams will provide an overview of the recent Colombian legislative changes and timeline, including discussion surrounding Flora’s receipt of its export quota and its near- and long-term international product roadmap. In addition, updates will…

MondaySep 20, 2021 9:45 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases Unaudited Six-Month Financial Results

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has reported its interim financial results for the period ended June 30, 2021. The report noted that the company saw $2.1 million revenue during that period, along with operating expenses of $7.2 million and net losses of $5.3 million. The company has a cash balance at the end of the period of $18.8 million. According to the company, these financial results, which have been filed with the Securities and Exchange Commission, are unaudited and have not been reviewed by FLGC’s independent registered accounting firm.…

ThursdaySep 16, 2021 10:35 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters LOI with Panamanian Importer and Distributor, Applauds Recent Cannabis Law Reforms

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 applying for its import license of cannabis products, which, upon receipt of this updated licensing, Flora expects to ship its medical-grade cannabis products. Panama’s National Legislative Assembly recently passed Bill 153 to legalize the use of medical cannabis and its therapeutic properties, and Panama is…

WednesdaySep 15, 2021 2:30 pm

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

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 cannabis product validation and authentication platform The integrated technology will tag, test, and track Flora’s cannabis and cannabis derivative products during transit across an international supply chain, providing enhanced transparency, traceability, and trust As an internationally focused company, Flora Growth (NASDAQ: FLGC) has always strived…

MondaySep 13, 2021 2:01 pm

QualityStocksNewsBreaks – 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 the show floor and report on the most trendsetting products from CPNA exhibitors produced in collaboration with renowned international beauty trend forecasting authority BEAUTYSTREAMS. The highly anticipated CBD Beauty special area, featuring brands that contain CBD as an essential ingredient, made its debut as part…

MondaySep 13, 2021 11:58 am

Flora Growth Corp. (NASDAQ: FLGC) Expands Across International Borders into Europe and Asia

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 the world, aiming to produce medical-grade cannabis flower and derivative products at below-market pricing Proposed acquisitions of Vessel Brand and Koch & Gsell, as well as investment into Hoshi International, will help expand the business across international borders and into the US, Europe, and Asia…

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