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Cannabis Co. Flora Growth Wants To Allow Customers To Pay With Bitcoin As It Shatters $100K Mark
Thursday, December 5, 2024 - 11:48am | 548Flora Growth Corp. (NASDAQ:FLGC) (FSE: 7301) explores integrating Bitcoin as an accepted payment method across its business platforms, the company announced on Wednesday. The move aligns with the Flora’s commitment to innovation and meeting the evolving preferences of its global customer base...
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Flora Growth Taps Europe's CBD Boom With $500K Czech-Slovak Partnership Renewal
Wednesday, November 27, 2024 - 12:37pm | 573Flora Growth Corp. (NASDAQ:FLGC) confirmed Tuesday it renewed its sales orders for the Czech Republic and Slovakia through Just Brands UK’s customer Mirfa s.r.o. Flora's four-year partnership with Mirfa is valued at a total demand of approximately $500,000 annually. The Florida-based cannabis...
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Flora Growth Quarterly Revenue Falls 28% YoY As Expenses Rise
Friday, November 15, 2024 - 10:20am | 649Flora Growth Corp. (NASDAQ:FLGC) reported Thursday after market close its financial results for the three months ended Sept. 30, 2024. disclosing revenue of $12.47 million, down from $17.32 million in the same period of last year. “As the cannabis industry continues to grow, we at Flora are...
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Flora Growth Launches First THC-Infused Beverage In 4 Flavors, Provides Update On Hoshi Investment
Thursday, October 24, 2024 - 9:36am | 878Flora Growth Corp. (NASDAQ:FLGC) launched its first THC-infused beverage, Melo, marking the company’s debut into the rapidly growing beverage market. Melo is the result of a strategic joint venture between Flora Growth and Peak, a renowned provider of advanced cannabis-based products. The...
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Flora Growth Teams Up With Cannabis Giant Canopy To Enter $94M Australian Medical Marijuana Market
Tuesday, October 15, 2024 - 9:28am | 622Flora Growth Corp. (NASDAQ:FLGC) signed a distribution agreement with Canopy Growth Corp. (NASDAQ:CGC) for the distribution of Canopy’s Storz & Bickel medical line of vaporizers in Australia. Flora's subsidiary Australian Vaporizers will be in charge of distribution. “Canopy Growth...
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Flora Growth Scores Exclusive Distribution Deal With Canapuff For Vessel Brand In Czech Republic
Wednesday, September 25, 2024 - 12:12pm | 592Flora Growth Corp. (NASDAQ:FLGC) has secured an exclusive distribution deal with Canapuff, a Czech Republic-based provider of cannabinoid consumer products. The partnership will introduce Flora’s Vessel brand of cannabis accessories into the Czech market, one of Central Europe’s most...
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Flora Growth Cannabis Expands European Presence With Strategic Supply Agreement For Medical Marijuana
Thursday, September 19, 2024 - 10:28am | 521Flora Growth Corp. (NASDAQ:FLGC) announced Wednesday a supply agreement with Blossom Genetics to bring Colombian medical cannabis to the German market. What Happened: This collaboration will introduce two strains, Chemmy Jones and Northern Lights, to the European country. The move follows the...
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Flora Growth Q2 Revenue Declines 27% YoY, Reduces Net Loss, Highlights Strategic Expansion In Germany, Australia And US
Tuesday, August 13, 2024 - 8:41am | 697Flora Growth Corp (NASDAQ:FLGC) (FSE:7301) reported its financial and operating results Monday for the second quarter ended June 30. The Florida-based cannabis company disclosed revenue of $15.68 million, down from $21.46 million in the same period last year. As per the regulatory filing, the...
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Cannabis Joint Venture Looks To Capitalize On Marijuana Beverages As Growing Alternative To Alcohol
Tuesday, June 4, 2024 - 2:05pm | 616Flora Growth Corp. (NASDAQ:FLGC) has formed a joint venture with Althea Group Holdings (ASX: AGH) to debut in the booming hemp-derived beverage market. What Happened Peak USA JV LLC is designed to capitalize on current commercial opportunities in the beverage market in the U.S. It will utilize and...
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Flora Growth Moves Into EU Market Through Strategic Polish Distribution Deal
Thursday, April 11, 2024 - 11:46am | 861Flora Growth Corp. (NASDAQ:FLGC), a Canadian-based cannabis company and leader in consumer-packaged goods and pharmaceutical distribution announced a distribution deal with Me Raw Trade Ltd. This agreement marks Flora’s entry into the Polish market, leveraging Me Raw’s expertise in...
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This Cannabis Pioneer Is Ramping Up Its Presence In Germany As Weed Legalization Takes Effect
Tuesday, April 2, 2024 - 4:22pm | 891Flora Growth Corp. (NASDAQ:FLGC) has been positioning itself on the international cannabis stage for years. The Canadian-based producer of cannabinoid organic oils, infused food and beverage, pharmaceutical grade, medical and cosmetic-grade derivatives is serving all 50 U.S. states and 28 countries...
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Who's Who In Cannabis: January Executive Changes You Should Know About
Friday, February 2, 2024 - 12:01pm | 1378Cannabis And Hemp Regulatory Appointments Last week, Flora Growth Corp. (NASDAQ:FLGC) announced that Clifford Starke, its CEO and director, has been elected to serve as chairman of the U.S. Hemp Roundtable board of directors. Starke said "momentum is swinging in the right direction" for hemp and...
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Top Cannabis Industry Leaders Who Took The Reins In 2023
Friday, December 29, 2023 - 2:15pm | 1154In 2023, top executives in the cannabis industry continued to play a pivotal role in shaping the future of the rapidly growing market. These executives championed sustainability, social responsibility and inclusive business practices on the path to creating a more diverse and equitable cannabis...
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Global Weed Brand To Buy Australian Vaporizes For $1.7M In Shares
Monday, September 18, 2023 - 7:42am | 649Cannabis company Flora Growth Corp. (NASDAQ: FLGC) has signed a definitive agreement Monday to buy Australian Vaporizers Pty Limited from a health-tech company, Lifeist Wellness Inc. (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company. Under the deal, Flora will...
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Global Cannabis Producer Expands Footprint In Germany Via Partnership With Local MMJ Company
Friday, August 18, 2023 - 11:37am | 453Flora Growth Corp. (NASDAQ: FLGC) has entered into a partnership with TruHC Pharma GmbH, a medical cannabis expert based in Hamburg, Germany. Why It Matters TruHC holds an EU-GDP certification as an importer, distributor and manufacturer of medical cannabis and operates a production facility...