Flora Growth Plans to Expand Leading Global Genetics Business in Germany [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, plans to launch a cannabis home grow kit, start up material seeds and cuttings in Germany in response to the first phase of Germany's new recreational cannabis legalization law. The German legal cannabis recreation market has the potential to reach $4.2 billion upon legalization with the total European market forecasted to achieve revenues of $10.2 billion. The Company estimates the potential value of the home grow market in Germany to reach $400 million after legalization. The Company's existing seedbank, which is the arguably the largest globally, and the over 200 strains held within, including several world-class genetics and winners of Cannabis Cups, is expected to be a key component to the Company's strategy. Flora's wholly-owned subsidiaries have been active in Germany since 2017, obtained the first medical cannabis lice
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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