Flora Growth Corp. Applauds Germany's New Industrial Hemp Legislation, Plans to Leverage Expertise for Market Entry [Yahoo! Finance]
Flora Growth Corp. (FLGC)
Company Research
Source: Yahoo! Finance
Industrial hemp, unlike cannabis used for recreational purposes, contains less than 0.3% THC and is valued for its versatility in applications ranging from textiles to wellness products. The new legislation reflects a progressive shift in Germany's agricultural policy, allowing for greater ease in cultivation, processing, and distribution, which will bolster the nation's growing hemp industry. As an established player in the hemp cannabinoid space, Flora is well-positioned to capitalize on these regulatory changes. The company has built a robust portfolio of hemp-derived products, including those under its JustCBD and Vessel brands, which have experienced success in North America and beyond. Flora's proprietary cannabinoid expertise will enable the company to quickly enter the German market, offering a range of high-quality, low-THC hemp products tailored to the needs of German consumers. "We believe that Germany's progressive move to liberalize industrial hemp cultivation marks
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FLGC
News
- Flora Growth Corp. Announces Pricing of $3.6 Million Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
- Flora Growth's Peak USA Celebrates the Launch of THC-Infused Beverage Brand, Melo, in Total Wines & More [Yahoo! Finance]Yahoo! Finance
- Flora Reports $600,000 in Black Friday and Cyber Monday Sales Across JustCBD and Vessel Brands [Yahoo! Finance]Yahoo! Finance
- Flora Launches Limited Edition Compass Rise Crimson, Perfectly Timed for the Holiday Season [Yahoo! Finance]Yahoo! Finance
- Flora Growth Corp. (NASDAQ: FLGC) is now covered by analysts at Aegis. They set a "buy" rating and a $4.00 price target on the stock.MarketBeat
FLGC
Sec Filings
- 12/17/24 - Form SC
- 12/17/24 - Form SC
- 12/17/24 - Form 4
- FLGC's page on the SEC website