Hussein Rakine

Cannabis company Flora Growth Corp. (NASDAQ: FLGC) a global cultivator, manufacturer, and distributor of cannabis products and brands, reported Monday its financial and operating results for the quarter that ended March 31, 2023. “The first quarter was focused on strengthening our...

Flora Growth Announces New CEO & Board Member Flora Growth Corp. (NASDAQ: FLGC) confirmed that Luis Merchan opted to step down as both chairman of the board and chief executive officer. The board appointed JustCBD founder Hussein Rakine as his replacement. “We are honored to have the...

Cannabis company Skymint has been going through a rough patch lately. Its CEO and chairman, Jeff Radway, who founded Skymint in 2018, bid farewell to his team in an email on April 18, thanking them for the memories and the ride of a lifetime, as first reported by Crain’s Detroit. Radway has...

Flora Growth Corp. (NASDAQ: FLGC) has named Hussein Rakine as its new CEO and board member. Rakine is no stranger to Flora, having founded Just Brands LLC in 2017, which was later acquired by Flora in February 2022. His experience at the helm of Just Brands LLC makes him a strong candidate for the...

JustCBD wholly-owned subsidiary of Flora Growth Corp. (NASDAQ: FLGC) will be launching its line of novel foods registered CBD products on Amazon.co.uk. The news comes on the heels of Canadian cannabis giant, Tilray (NASDAQ: TLRY) rolling out its CBD lifestyle brand with a new...

Flora Growth Corp. (NASDAQ: FLGC) announced that its brand JustCBD has partnered with German company Greenyard to open brick-and-mortar stores throughout Germany and the Czech Republic. In addition to the opening of brick-and-mortar stores, JustCBD products will be distributed by Greenyard...

Flora Growth Corp. (NASDAQ: FLGC) confirmed Tuesday that its Vessel brand has signed a distribution agreement with Florida-based Speedy Distribution, one of JustCBD’s core partners. The news comes on the heels of Flora's JustCBD acquisition for $16.0 million in cash and 9.5 million in...

Flora Growth Corp. (NASDAQ: FLGC) has acquired 100% of the equity interests in each of Just Brands LLC  and High Roller Private Label LLC for cash consideration of $16.0 million and 9.5 million privately issued Flora common shares. Just Brands and High Roller are the owners of the JustCBD...