Flora Growth Corp. Applauds Germany's Vote to Legalize Recreational Cannabis [Yahoo! Finance]
Flora Growth Corp. (FLGC)
Company Research
Source: Yahoo! Finance
consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, applauds the German parliament for voting in favor of legalizing cannabis for recreation use. Flora's wholly-owned subsidiaries have been active in Germany since 2017, obtained the first medical cannabis license in Germany and are responsible for selling the first gram of medical cannabis in the country. The law passed by Olaf Scholz's ruling party coalition legalizes cultivating up to three plants for private consumption, the possession of 50 grams of cannabis at one time at home, and 25 grams in public. Possession and cultivation are expected to be permitted by April 1, 2024, and not-for-profit social clubs to begin operation on July 1, 2024. The German parliament has also voted to declassify cannabis as a narcotic, ease narcotic prescription requirements and make patient access easier. The decision makes Germany the largest f
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FLGC
News
- Insiders Re-Evaluate Their US$1.0m Stock Purchase As Flora Growth Falls To US$22m [Yahoo! Finance]Yahoo! Finance
- Flora Growth enters into agreement to acquire TruHC [Seeking Alpha]Seeking Alpha
- Flora Growth Enters Distribution Agreement to Expand Presence in Poland and Neighbouring Countries [Yahoo! Finance]Yahoo! Finance
- Aegis Capital Corp. Acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp. (NASDAQ:FLGC) [Yahoo! Finance]Yahoo! Finance
- Aegis Capital Corp. Acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp. (NASDAQ:FLGC)Accesswire
FLGC
Sec Filings
- 4/26/24 - Form 424B5
- 4/23/24 - Form S-3
- 4/23/24 - Form 8-K
- FLGC's page on the SEC website