LimeLight of The week is

Flora Growth Corp.
(NASDAQ: FLGC)

Flora Growth Corp. (NASDAQ: FLGC) is building a design-led collective of plant-based wellness and lifestyle brands that delivers the most compelling customer experiences in the world, one community at a time.

The company operates one of the largest outdoor cultivation facilities in the world with an aim of marketing a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, the company leverages natural, cost-effective cultivation practices to supply cannabis and cannabis derivatives to wholesale buyers and its diverse business divisions.

Founded in Canada, Flora moved its headquarters to Miami in late 2021 as the company expanded its reach across the globe. Its base of cultivation operations are in Colombia, where it has built an extensive distribution network that includes Colombia’s largest distributors, while the recently acquired Vessel Brand team is based in Carlsbad, California.

Currently, Flora is organically growing market share across its three major pillars – wholesale cannabis, CPG cannabis brands, and pharmaceutical cannabis – while seeking revenue-generating acquisitions that offer human-capital expertise and an accretive distribution network to amplify revenue growth.

Investment Considerations

• Flora Growth operates one of the largest outdoor cannabis cultivation facilities in the world with an aim of marketing a higher-quality premium product at below-market prices.
• Flora moved its headquarters to Miami in late 2021.
• Flora is organically growing market share across its three major pillars – wholesale cannabis, CPG cannabis brands, and pharmaceutical cannabis.
• In November 2021, the company entered the rapidly growing U.S. CBD beverage market by signing a licensing agreement with luxury brand Tonino Lamborghini.
• Flora recently acquired Vessel Brand Inc., the dominant brand in luxury cannabis consumer technology.
• The company closed out 2021 by announcing a 2022 revenue guidance projection of $35-45 million.

Recent Coverage

InvestorNewsBreaks - Flora Growth Corp. (NASDAQ: FLGC) Completes 1st US Import of CBD Products from Colombia

March 4, 2022 8:30 AM

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that it has completed its first import of CBD-containing food and beverage products into the United States from Colombia under its Mambe brand. The move comes after Colombian President Ivan Duque signed Resolution 227 last week, providing the necessary framework for the use, distribution and export of cannabis, dried flower and other non-psychoactive derivatives. “We are thrilled to be the first Colombian cannabis operator to capitalize on the law change President Duque signed into effect,” said Flora Growth CEO Luis Merchan. “We are grateful for the Colombian government’s forward-thinking approach to cannabis regulation and are excited to bring Colombian-made cannabis food and beverage products to the U.S. market. 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.”

To view the full article, visit: THIS LINK

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Featured Event

Alternative Products Expo, Fort Lauderdale
March 11-13, 2022 - Ft. Lauderdale, FL

The Alternative Products Expo arrives at Fort Lauderdale to feature the scope and potential of all innovative products and services of the alternative products ecosystem. Organized by ZJ Events, the event group is committed to bringing the industry’s best CBD traders, vendors, and enthusiasts under one roof, while offering a fun and exciting experience.

Having conducted its CBD shows in the top cities of America, the Alternative Products Expo is all set to host an event in Fort Lauderdale on March 11-13, 2022. The alternative product category includes herbal products, mood enhancers, cannabis derivatives, vape products, energy boost and dietary supplements, to name. Products in the alternative category comprise products that are disrupting the traditional products; they are either substitutes for better-known products or there are no substitutes for them in the mainstream category.

For more information on tickets and discounts, please visit https://altproexpo.com/

Conference Highlights

• The Alternative Products Expo is being held at Fort Lauderdale, on March 11-13, 2022
• Exhibitors can showcase their products at dedicated booths to advertise their brands
• The Alternative Products Expo will feature 50+ speakers per event, 300+ vendors per event as well as 1000+ products per event

Upcoming Events

• NECANN’s Boston Convention — Boston, MA — 3/18 - 3/20
• Organa Kannalytics — Atlanta, GA — 5/12 - 5/14
• Alternative Products Expo, Colombia — Colombia — 5/21 - 5/22

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