NetworkNewsBreaks – Flora Growth Corp. (NASDAQ:
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Posted On: 04/11/2022 3:33:43 PM
NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Taking Diverse Product Portfolio to New Markets
Flora Growth Corp. (NASDAQ: FLGC) recently announced the successful import of Mambe CBD-containing food and beverage products into the United States from Colombia. The move capitalized on a new law signed by Colombian President Ivan Duque, which provides the necessary regulatory framework for cannabis product use and export. “Our team anticipated this regulatory update and has been laying the necessary foundation to expand this new supply chain pathway allowing Flora to quickly bring our diverse product portfolio and low-cost cannabis inputs to new high-growth international markets,” a recent article quotes Flora Growth CEO Luis Merchan as saying. Flora Growth also recently acquired JustCBD, which has an extensive network of more than 14,000 stores with over 300,000 customers, and, as a result, anticipates expanding Cosechemos-sourced non-psychoactive flower derivatives distribution during the coming months. The acquisition is also expected to boost JustCBD’s expansion from its U.S. base into international arenas. Additionally, Flora Growth announced the entry into an agreement by its Vessel brand with JustCBD-affiliated Speedy Distribution that will introduce Vessel’s vape and dry herb products into traditional smoke shop channels.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Flora Growth Corp. (NASDAQ: FLGC) recently announced the successful import of Mambe CBD-containing food and beverage products into the United States from Colombia. The move capitalized on a new law signed by Colombian President Ivan Duque, which provides the necessary regulatory framework for cannabis product use and export. “Our team anticipated this regulatory update and has been laying the necessary foundation to expand this new supply chain pathway allowing Flora to quickly bring our diverse product portfolio and low-cost cannabis inputs to new high-growth international markets,” a recent article quotes Flora Growth CEO Luis Merchan as saying. Flora Growth also recently acquired JustCBD, which has an extensive network of more than 14,000 stores with over 300,000 customers, and, as a result, anticipates expanding Cosechemos-sourced non-psychoactive flower derivatives distribution during the coming months. The acquisition is also expected to boost JustCBD’s expansion from its U.S. base into international arenas. Additionally, Flora Growth announced the entry into an agreement by its Vessel brand with JustCBD-affiliated Speedy Distribution that will introduce Vessel’s vape and dry herb products into traditional smoke shop channels.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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