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Stock impact report

Flora Growth to Partner with Althea Group Holdings on Vessel Distribution in UK [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, is pleased to announce the signing of an exclusive distribution agreement with Althea Group Holdings Limited ("AGH") for Vessel brands in the United Kingdom ("UK"). Vessel is a wholly owned subsidiary of the Company and a market leading brand of vape pens and smoking accessories. It is estimated that the vape pen and dry herb vaporisers represent a multi-billion-dollar industry and are expected to grow exponentially over the next decade, from $5 billion to $15 billion in 2031. AGH becomes the sole supplier of Vessel hardware and smoking accessories in the UK medical market. Leveraging its extensive network and strong relationships with other industry participants, AGH aims to drive sales through both Business to Business and Business to Consumer channels. Vessel's range of premium products are uniquely positioned to address a Show less Read more
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