Flora Growth Corp. FLGC Archives - Page 17 of 18

MondayAug 16, 2021 12:09 pm

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Present at SNN Network Summer Virtual Event

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 the “MicroCap Investing Workshop” and feature well-known financial influencers, investors, fund managers, and key opinion leaders. Flora’s presentation is slated to begin at 2:30 p.m. ET on Thursday, Aug. 19. Interested parties should visit https://ibn.fm/ABS5Q to register for the event and gain access to the various webcasts. To view…

MondayAug 16, 2021 9:30 am

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 ability to follow through with its commitments Flora is also set to hold its earnings call for the first half of the 2021 fiscal year The virtual event is scheduled for Thursday, August 19, 2021, at 4:30 p.m. E.T. Back in July 2021, Flora Growth…

ThursdayAug 12, 2021 12:31 pm

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Applauds Nasdaq in Promoting Diversity, Announces Strategic Board Appointment

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, effective immediately. Approved by the SEC on August 6, 2021, Nasdaq’s board diversity rule is a disclosure standard designed to encourage a minimum board diversity objective for companies and provide stakeholders with consistent, comparable disclosures concerning a company’s current board composition. The Flora team shares…

TuesdayAug 10, 2021 11:34 am

Flora Growth Corp. (NASDAQ: FLGC) Inks 2 LOIs to Boost CBD Product Distribution in Australia, Latin America

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 KaLaya throughout Latin American countries, with exports planned to the United States, and to infuse its established line of products with CBD Market analysts predict Australia’s medial cannabis market will explode from about $150 million this year to more than a billion dollars by 2025…

TuesdayAug 10, 2021 11:13 am

QualityStocksNewsBreaks – 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 agreement announced in July, and Flora expects Kasa to complete similar monthly deliveries moving forward. “We believe this initial sale demonstrates Flora’s ability to rapidly follow through on its commitments and marks a major turning point for our Kasa Wholefoods division. We expect this relationship…

MondayAug 09, 2021 1:44 pm

Flora Growth Corp. (NASDAQ: FLGC) Receives Fair Value Estimate, Coverage from Argus Research Company; Developing Growth Opportunities by Columbia’s Cannabis Law, Headquarter Relocation

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 in its operations when Colombia’s president accepted and signed reforms to the existing cannabis legislation The updated law allows for the manufacture, sale and export of psychoactive (high-THC) cannabinoid ingestible and medical products and removes marketing limitations on cannabis products in Colombia Flora is also…

FridayAug 06, 2021 3:43 pm

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Host 1H 2021 Earnings Call

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 will deliver financial results, operational updates, as well as provide comments on recent growth and M&A initiatives announced in the period since the company listed its shares on the Nasdaq Capital Market on May 11, 2021. Following the presentation, Flora will offer analysts, media and…

ThursdayJul 29, 2021 10:18 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces LOI, Enters Promising Australian Medical Cannabis and OTC CBD Space

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 medical cannabis patients. Flora plans to ship the medical-grade cannabis products after the company obtains the correct export licenses and completes its first commercial harvest. The LOI is the second that Flora has signed since recent changes in Colombian law allow the company to sell…

TuesdayJul 27, 2021 10:04 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Partner with Avaria to Bring Award-Winning KaLaya Brand to LATAM Distribution Network

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 JV, Flora Growth will manage registration, sales and distribution of KaLaya products in Colombia, Mexico, and other LATAM countries, while Avaria will supply finished product. Flora Growth and Avaria will equally divide the profits from the sale of KaLaya products under the JV, increasing the…

TuesdayJul 27, 2021 9:30 am

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 cannabis, CPG, and capital markets experts who have raised more than $3 billion in combined public financings The company’s brand portfolio features 280+ products, 70+ medical and cosmetic licenses, and 2,500+ points of distribution across Latin America and the U.S. Flora Growth has a healthy…

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