Flora Growth Corp

Flora Growth Corp. engages in the production of organic cannabis and pharmaceutical-grade medical products. It operates through the following segments: Cultivation, Processing, and Supplying of Natural, Medicinal-Grade Cannabis Oil and High Quality Cannabis; Over-the-Counter Medical Products and Medical Cannabis Products; Wellbeing Products; and Food and Beverage Products. The company was founded on March 13, 2019 and is headquartered in Toronto, Canada.

Earnings data Q3 2022

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Flora Growth Corp. engages in the production of organic cannabis and pharmaceutical-grade medical products. It operates through the following segments: Cultivation, Processing, and Supplying of Natural, Medicinal-Grade Cannabis Oil and High Quality Cannabis, Over-the-Counter Medical Products and Medical Cannabis Products, Wellbeing Products, and Food and Beverage Products. The company was founded on March 13, 2019 and is headquartered in Fort Lauderdale, FL.

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Cannabis REITs have been slammed this year amid concern over defaults from their cannabis cultivator tenants, which have been smoked by plunging wholesale cannabis prices and setbacks on federal legalization. The exclusion of the SAFE Banking Act from the omnibus federal spending package dimmed the once-high hopes that major federal marijuana legislation would be passed during the Biden Presidency.

Cannabis REITs: Smoked Out

FORT LAUDERDALE, Fla. & TORONTO--( BUSINESS WIRE )--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today, that, on December 23, 2022, it closed the previously disclosed acquisition of all of the issued and outstanding shares of Franchise Global Health Inc. (TSXV: FGH) (“FGH”), a multi-national operator in the medical cannabis and pharmaceutical industry, with principal operations in Germany.

Flora Growth Closes Acquisition of Franchise Global Health, Cementing Foothold in Germany and the European Union

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2022) - Franchise Global Health Inc. (TSXV: FGH) ("Franchise Global" or the "Company"), a multi-national operator in the medical cannabis and pharmaceutical industry with principal operations in Germany, is pleased to announce that the Company and Flora Growth Corp.

Franchise Global Health Inc. Completes Plan of Arrangement with Flora Growth Corp.

FORT LAUDERDALE, Fla. & TORONTO--( BUSINESS WIRE )--Flora Growth Corp. (NASDAQ: FLGC) ("Flora'' or the "Company"), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 12,500,000 of the Company's common shares, no par value (the “Common Shares”), pursuant to a registered direct offering (the “Offering”), and warrants to purchase up to 12,500,000 Common Shares (the “Warrants”). The combined purchase price for one Common Share and one Warrant will be $0.40. The Warrants will have an exercise price of $0.40 per Common Share, will be exercisable immediately following the date of issuance and will expire five years from the initial date of issuance.

Flora Growth Corp. Announces Pricing of $5.0 Million Registered Direct Offering

Flora Growth Corp. (NASDAQ:FLGC ) Q3 2022 Earnings Conference Call November 28, 2022 4:30 PM ET Company Participants Jessie Casner - Chief Marketing Officer Luis Merchan - President & CEO Elshad Garayev - CEO Jason Warnock - Chief Commercial Officer Conference Call Participants Jessie Casner Hello, everyone, and welcome to the Flora Growth Third Quarter 2022 Earnings Results Webcast. I'm Jessie Casner, Chief Marketing Officer at Florida Growth.

Flora Growth Corp. (FLGC) Q3 2022 Earnings Call Transcript

FORT LAUDERDALE, Fla. & TORONTO--( BUSINESS WIRE )--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, reported today its financial and operating results for the third quarter and nine months ended September 30, 2022. All financial information is provided in U.S. dollars unless indicated otherwise.

Flora Growth Reports Third Quarter 2022 Financial Results

FORT LAUDERDALE, Fla. & TORONTO--( BUSINESS WIRE )--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, will host its third quarter 2022 earnings call via webcast on Monday, November 28 at 4:30 p.m. ET.

Flora Growth Sets Third Quarter 2022 Conference Call for November 28, 2022, at 4:30 P.M. ET

FORT LAUDERDALE, Fla. & TORONTO--( BUSINESS WIRE )--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today the completion of its new laboratory, specializing in the manufacturing of compound formulations utilizing cannabis derivatives and traditional master formulas. Located in Bogota, Colombia, Flora Lab 4 will become part of Flora's group of laboratories including existing labs that produce cosmetics, phytotherapeutic products, dietary supplements, and cannabis extraction and transformation.

Flora Growth Completes Construction of Laboratory, Specializing in Prescription Cannabis Formulations

Flora Growth Announces Shareholders Owning Over 73% of Shares of Franchise Global Health Support Acquisition by Flora

Flora Growth to Host Webcast Discussing M&A Activity and International Market Opportunities - Wednesday, October 26, 2022

Flora Growth Corp. FLGC, +3.65% said Monday it would issue up between 36.62 million and 43.53 million common shares to acquire Franchise Global Health Inc. FGH, +12.50% a multi-national medical cannabis and pharmaceutical operator with principal operations in Germany. Based on Flora Growth's share price of 53 cents on Friday, the deal is currently valued at up to $23.5 million in stock.

Flora Growth buys Franchise Global Health in all-stock cannabis deal in German market

Flora Growth Signs Definitive Agreement to Acquire Franchise Global Health, a Prominent Pharmaceutical and Medical Cannabis Distributor with Principal Operations in Germany

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that the Company has completed its first exports of Colombian grown high-CBD dried cannabis flower to Switzerland and the Czech Republic as well as CBD isolate to the United States. “As our global distribution network continues to evolve, adding these three industry-l

Flora Growth Completes Multiple Commercial Cannabis Exports Into New International Markets

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FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that its wholly-owned subsidiary, Just Brands LLC, has acquired substantially all of the assets pertaining to the brand No Cap Hemp Co. (“No Cap”). The Company acquired the No Cap assets without paying any consideration at closing. Instead, Flora will pay to the sellers, 10%

Flora Growth Acquires No Cap Hemp Co., Bolstering Product Offering And Revenue Streams

Flora Growth Corp. (NASDAQ:FLGC ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Jessie Casner - Chief Marketing Officer Luis Merchan - President, Chief Executive Officer and Chairman Jason Warnock - Chief Commercial Officer Elshad Garayev - Chief Financial Officer Annabelle Manalo-Morgan - Lead Scientific Advisor Holly Bell - Vice President, Regulatory Affairs Jessie Casner Thank you all for joining today, Flora's First Half 2022 Call. We are going to get started here in just another minute as we wait for a few more attendees to come in.

Flora Growth Corp. (FLGC) CEO Luis Merchan on Q2 2022 Results - Earnings Call Transcript

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a manufacturer and distributor of global cannabis products and brands, reported today its financial and operating results for the six months ended June 30, 2022. All financial information is provided in U.S. dollars unless indicated otherwise. “In the first half of 2022, Flora delivered on its promise to double revenue compared to the second half of 2021, and we expect to maintain tha

Flora Growth Reports H1 2022 Financial Results

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, will host its first half 2022 earnings call via webcast on Monday, August 15, 2022, at 4:30 p.m. ET. The Company's results will be reported in a press release prior to the call. During the webcast, Flora management will deliver financial and operational results for the six months end

Flora Growth Sets First Half 2022 Conference Call for August 15, 2022, at 4:30 p.m. ET

Scotts Miracle-Gro

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FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today a joint venture agreement with Pharma Indigena Misak Manasr Sas (“Manasr”), the largest indigenous tribe in Colombia, on the development of cultivation best practices, manufacturing, export, and marketing of cannabis and cannabis containing products. Under the agreeme

Flora Growth Announces Joint Venture with Colombia's Largest Indigenous Tribe to Process and Distribute Cannabis Products

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that the Company met with the author of a new bill to legalize recreational cannabis on the day the legislation was introduced to Congress. Flora's Chairman and CEO Luis Merchan met with Colombian Sen. Gustavo Bolivar prior to the bill's introduction to Congress on Ju

Flora Growth CEO Meets With Colombian Senator as Bill to Legalize Recreational Cannabis Is Introduced

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Flora shares have slid alongside the broader market. The company initiated a share repurchase program.

Flora Growth Remains Undervalued: Update

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today the appointment of Elshad Garayev to serve as Flora's Chief Financial Officer, effective on the business day following the date on which the Company files its mid-year financial results with the Securities and Exchange Commission. Until such time, Mr. Garayev will ser

Flora Growth Taps Amazon Executive Elshad Garayev As Chief Financial Officer

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that at the Company's annual meeting of shareholders held on July 5, 2022, the Company's shareholders voted in favor of all of the proposals submitted for their approval. The four proposals that were approved included (i) the election of seven members to the Company's

Flora Growth Announces Results of Annual Meeting of Shareholders; Appointment of Brandon Konigsberg to Board of Directors

News for Flora Growth Corp Stock (FLGC)