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0 0.00877192982456141 0.00868421052631581 0.0350877192982456 0.0614035087719299 0.0451754385964911 0.0570175438596491 0.0438596491228071
Stock impact report

Clifford Starke, CEO of Flora Growth Corp., Appointed to HoshiCap Board of Directors [Yahoo! Finance]

Flora Growth Corp. (FLGC) 
Company Research Source: Yahoo! Finance
Flora initially made an equity investment of $2.4 million into Hoshi in 2021, securing a 10% ownership in the company. Hoshi, in turn, controls 51% of the Portuguese entity operating the facility. The project in Portugal currently employs 18 full-time staff. To date, approximately $20 million has been invested into constructing a world-class facility. Mr. Starke's wealth of experience in global cannabis operations will be a significant asset to as HoshiCap continues to march towards licensure at its advanced stage cannabis cultivation facility project. Flora's strategic investment in Hoshi represents an important step towards gaining access to a low-cost cultivation project to supply the German medical cannabis market. Portugal has become a leading exporter of cannabis into the European Union. As a seasoned executive with a track record of building and scaling cannabis companies, Mr. Starke brings invaluable expertise and leadership to HoshiCap. His experience leading Flora Gro Show less Read more
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