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Posted On: 02/24/2022 1:55:57 PM
Post# of 102755
$FLGC February 22, 2022--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"
, a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today that the Company has filed twenty-three (23) cannabinoid-infused food and beverage products with the Instituto Nacional de Vigilancia de Medicamentos y Alimentos (INVIMA), similar to the U.S. FDA. This announcement comes as Colombian President, Ivan Duque, signed Resolution 227, which provides the necessary framework for the use, distribution and export of cannabis, dried flower, and other non-psychoactive derivatives.
Flora expects to be the first cultivator in the world to obtain these unique approvals from INVIMA for its cannabinoid-infused food and beverage products which will include juices, sparkling seltzers, gummies, and healthy snack foods. These goods have been developed under Flora’s KASA Wholefoods division which prioritizes the sourcing of natural ingredients and value-chain sustainability to create items to help consumers restore and thrive.
"We are incredibly excited by the government's decision to permit cannabinoid food and beverage products and look forward to bringing these cannabis wellness products to consumers in Colombia and around the globe," said Luis Merchan, President and CEO of Flora Growth. "Aligning with globally recognized safety and compliance standards is at the forefront of Flora’s strategy, particularly when it comes to the food and beverage sector of the cannabis industry."
, a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today that the Company has filed twenty-three (23) cannabinoid-infused food and beverage products with the Instituto Nacional de Vigilancia de Medicamentos y Alimentos (INVIMA), similar to the U.S. FDA. This announcement comes as Colombian President, Ivan Duque, signed Resolution 227, which provides the necessary framework for the use, distribution and export of cannabis, dried flower, and other non-psychoactive derivatives. Flora expects to be the first cultivator in the world to obtain these unique approvals from INVIMA for its cannabinoid-infused food and beverage products which will include juices, sparkling seltzers, gummies, and healthy snack foods. These goods have been developed under Flora’s KASA Wholefoods division which prioritizes the sourcing of natural ingredients and value-chain sustainability to create items to help consumers restore and thrive.
"We are incredibly excited by the government's decision to permit cannabinoid food and beverage products and look forward to bringing these cannabis wellness products to consumers in Colombia and around the globe," said Luis Merchan, President and CEO of Flora Growth. "Aligning with globally recognized safety and compliance standards is at the forefront of Flora’s strategy, particularly when it comes to the food and beverage sector of the cannabis industry."
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