Flora Enters Crypto Space with Strategic Investments in Ethereum, Solana, Sui and Ripple
Fort Lauderdale, Florida--(Newsfile Corp. - May 5, 2025) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced an investment into the cryptocurrency and blockchain sector. As part of this transaction, the Company has established a strategic long-term crypto portfolio anchored by US$1 million in leading blockchain assets: US$400,000 in Ethereum, US$400,000 in Solana, US$100,000 in Sui and US$100,000 in Ripple.This move marks Flora's commitment to strengthening its balance sheet with the long-term objective of building...
2025-05-05 8:01 AM EDT
Flora Growth Corp. Reports 2024 Financial Results
Fort Lauderdale, Florida--(Newsfile Corp. - March 24, 2025) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the year ended December 31, 2024. "The re-election of President Donald Trump presents a renewed opportunity for meaningful cannabis reform in the United States. His track record of signing the 2018 Farm Bill into law was a watershed moment for hemp and CBD, fueling a multi-billion-dollar industry and setting the stage for...
2025-03-24 4:05 PM EDT
Flora Announces Appointment of Patrick Moloney as Head of Product Development for Vessel
Fort Lauderdale, Florida--(Newsfile Corp. - February 11, 2025) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce the appointment of Patrick Moloney as Head of Product Development for its accessory brand, Vessel. Mr. Moloney brings over two decades of product innovation and leadership experience, having held senior roles in product development at several globally recognized companies. His expertise in design and strategy will help drive Vessel's continued growth in the premium accessories market.Mr....
2025-02-11 8:30 AM EST
Flora Growth Corp. Announces Closing of $3.6 Million Registered Direct Offering
Fort Lauderdale, Florida--(Newsfile Corp. - December 16, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced the closing of a registered direct offering to institutional investors for the aggregate purchase and sale of approximately $3.6 million of Common Shares at a price of $1.25 per Common Share.The offering consisted of the sale of an aggregate of 2,850,000 Common Shares. The public offering price per Common Share was $1.25. Aggregate gross proceeds to the Company are approximately...
2024-12-16 1:02 PM EST
Flora Growth Corp. Announces Pricing of $3.6 Million Registered Direct Offering
Fort Lauderdale, Florida--(Newsfile Corp. - December 13, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $3.6 million of Common Shares at a price of $1.25 per Common Share.The offering consists of the sale of 2,850,000 Common Shares. The public offering price per Common Share is $1.25. Aggregate gross proceeds to the Company are expected...
2024-12-13 9:00 AM EST
Flora Growth Applauds Launch of German Cannabis Pilot Programs
Fort Lauderdale, Florida--(Newsfile Corp. - December 12, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced its intention to submit applications for participation in upcoming cannabis pilot programs in Germany to the Federal Ministry for Agriculture and Food ("BMEL"). These programs aim to effectively reduce the illicit market, expand health prevention, and provide an objective foundation for ongoing discussions surrounding cannabis.Leading this endeavor will be Sammy Dorf, Executive Chairman, and Manfred Ziegler, Managing Director...
2024-12-12 8:17 AM EST
Flora Growth's Peak USA Celebrates the Launch of THC-Infused Beverage Brand, Melo, in Total Wines & More
Fort Lauderdale, Florida--(Newsfile Corp. - December 11, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce that its THC-infused beverage brand, Melo, will be available in store in select states beginning Friday December 13th. This beverage is poised to reach a broader audience with imminent placement in the retail networks of Total Wines & More ("Total"), one of the most recognized retailers of innovative and premium alcoholic and non-alcoholic products in the...
2024-12-11 8:29 AM EST
Flora Growth Appoints Sammy Dorf, Verano Co-Founder, as Executive Chairman
Fort Lauderdale, Florida--(Newsfile Corp. - December 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is delighted to announce the appointment of Sammy Dorf, a celebrated pioneer in the cannabis industry, as Executive Chairman of its Board of Directors. This strategic appointment ushers in an exciting new chapter as Flora expands its footprint in the growing THC-infused beverage market and bolsters its global licensing initiatives.Dorf brings expertise and a track record of success to Flora....
2024-12-10 8:35 AM EST
Flora Reports $600,000 in Black Friday and Cyber Monday Sales Across JustCBD and Vessel Brands
Fort Lauderdale, Florida--(Newsfile Corp. - December 5, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is excited to announce sales of $600,000 over the Black Friday and Cyber Monday weekend. This significant milestone highlights the growing demand for Flora's products under the JustCBD and Vessel brands. Driven by strategic promotions, targeted marketing, and a seamless e-commerce experience, Flora capitalized on the holiday shopping surge, achieving year-over-year sales growth in both revenue and customer acquisition."Our performance...
2024-12-05 9:17 AM EST
Flora to Launch Bitcoin Payment Integration
Fort Lauderdale, Florida--(Newsfile Corp. - December 4, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") announced today its intent to explore the integration of Bitcoin as an accepted form of payment across its business platforms. This move aligns with the Company's commitment to innovation and meeting the evolving preferences of its global customer base.As part of the exploration phase, Flora Growth is preparing the necessary technological and operational frameworks to handle Bitcoin transactions securely and...
2024-12-04 9:17 AM EST
Flora Launches Limited Edition Compass Rise Crimson, Perfectly Timed for the Holiday Season
Fort Lauderdale, Florida--(Newsfile Corp. - December 2, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce the launch of the limited-edition Compass Rise Crimson. This exclusive offering, a new addition to the acclaimed Compass Rise Series, is available just in time for the holidays, promising the perfect blend of elegance and functionality for enthusiasts.The Compass Rise Series continues to redefine expectations for compact vaping devices. The Crimson edition, with its sleek all-metal...
2024-12-02 9:17 AM EST
Flora Expands European Success with Thriving Partnership in Czech Republic and Slovakia
Fort Lauderdale, Florida--(Newsfile Corp. - November 26, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce it has renewed its sales orders for the Czech Republic and Slovakia through one of Just Brands UK's largest customers, Mirfa s.r.o. ("Mirfa") This long-standing partnership, valued at total demand of approximately $500,000 annually, underscores Flora's commitment to expanding its footprint in high-growth international markets. Flora has been supplying Mirfa with JustCBD branded products, including gummies,...
2024-11-26 9:17 AM EST
Flora Unveils Element, Revolutionizing Glass Bubbler
Fort Lauderdale, Florida--(Newsfile Corp. - November 21, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce the launch of Element, the latest innovation from its premium lifestyle brand, Vessel. A first-of-its-kind glass and brass bubbler, Element is a cutting-edge addition to Vessel's product lineup."The Element is a product that exemplifies our dedication to pushing the boundaries of what is possible in the lifestyle accessories space," said Clifford Starke, Chairman and Chief Executive...
2024-11-21 8:29 AM EST
Flora Growth Leads the Charge in Australia with Innovative Solutions for Pharmacies
Fort Lauderdale, Florida--(Newsfile Corp. - November 20, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is positioning itself as a first mover in response to Australia's recent regulatory changes by offering a comprehensive range of products tailored to meet the evolving needs of pharmacies. With the Australian Government's new regulations shifting the supply of disposable nicotine vaporizers and other vaping devices from retail environments to pharmacies, Flora is committed to providing a one-stop shop for...
2024-11-20 8:14 AM EST
Flora Growth Corp. Highlights President-Elect Trump's Historic Support for Hemp Industry Growth Following 2018 Farm Bill
Fort Lauderdale, Florida--(Newsfile Corp. - November 19, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") acknowledges the pivotal role that President-Elect Donald Trump played in opening the doors for the cannabinoid industry through the signing of the 2018 Farm Bill. This landmark legislation laid the groundwork for hemp's current economic influence, sparking extensive growth in the sector with hemp being a major economic driver, supporting jobs, and generating revenue.The 2018 Farm Bill, signed into law...
2024-11-19 9:14 AM EST
Flora Growth Corp. Reports Third Quarter 2024 Financial Results
Fort Lauderdale, Florida--(Newsfile Corp. - November 13, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the three and nine months ended September 30, 2024. "As the cannabis industry continues to grow, we at Flora are encouraged by the election of President-Elect Donald Trump and the potential for continued progress in cannabis reform," said Clifford Starke, Chief Executive Officer. "Under his previous administration, the signing of the 2018...
2024-11-13 4:31 PM EST
Flora Growth Corp. Congratulates President-Elect Donald Trump, Calls for Immediate Action on Cannabis Reform
Fort Lauderdale, Florida--(Newsfile Corp. - November 6, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") extends its congratulations to President-Elect Donald Trump on his successful election to the U.S. Presidency. Flora commends the President-Elect for his statements in support of cannabis reform and urges his administration to prioritize these critical reforms around rescheduling and SAFE banking that will create economic growth, address inequities, and open pathways for significant advancements in the space. Flora also views...
2024-11-06 10:03 AM EST
Flora Growth Corp. Reaffirms Medical Cannabis Supply Agreement with Curaleaf
Fort Lauderdale, Florida--(Newsfile Corp. - November 4, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today reaffirms its medical cannabis supply agreement with Curaleaf Holdings, Inc. subsidiary Northern Green Canada, Inc. This morning, Curaleaf also confirmed on X (Formerly known as Twitter) that “Curaleaf has entered into an agreement to supply cannabis products to Flora Growth for distribution through Flora in Germany. The terms of the agreement are disclosed in a Form 8-k filed on...
2024-11-04 10:27 AM EST
Flora Growth Corp. Supports Germany's Cannabis Model City Initiative, Pioneering Controlled THC Retail in Frankfurt and Hannover
Fort Lauderdale, Florida--(Newsfile Corp. - October 31, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced its strong support for Germany's historic cannabis model city projects in Frankfurt and Hannover. These initiatives, marking Germany's first controlled cannabis retail efforts, will allow the cities to gather valuable insights on consumption behaviors, public health, and strategies to combat the illegal cannabis market, moving the country's cannabis policy from theory to practice.Scheduled to launch in early 2025,...
2024-10-31 9:15 AM EDT
Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany
Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce the launch of its parallel import business ("PI Business") in Germany and the European Union ("EU"). This strategic expansion underscores Flora's broadening footprint in key international markets. The Company's entry into the PI Business follows the appointment of Dr. Manfred Ziegler as Managing Director. Dr. Ziegler's tenure at CC Pharma marked a period of growth...
2024-10-30 9:30 AM EDT