Flora Growth Corp. Closes Acquisition of Australian Vaporizers [Yahoo! Finance]
Flora Growth Corp. (FLGC)
Company Research
Source: Yahoo! Finance
purchase agreement (the "Agreement") to acquire of all of the issued and outstanding shares of Australian Vaporizers Pty Limited ("Australian Vaporizers") in exchange for 550,000 Flora common shares, valued at $0.7 million based on the closing price of Flora's common shares on June 3, 2024, subject to working capital adjustments. The transaction closed on June 4, 2024. Australian Vaporizers was founded in 2010 and has become one of the largest online retailers of vaporizers, hardware, and accessories in Australia. It is an online expert for aromatherapy products, specializing in dry herb vaporizers. It has been providing vapes, accessories and knowledge to enthusiasts and newcomers alike. Its website www.australianvaporizers.com.au is a popular designation in the country with a large database of satisfied customers. Australian Vaporizers sold over 92,000 units to over 30,000 active customers through business to business and direct to consumer channels. "In addition to quickly impr
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FLGC
News
- Lifeist Sells Australian Vapes [Yahoo! Finance]Yahoo! Finance
- Lifeist Sells Australian Vapes [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Lifeist Sells Australian VapesGlobeNewswire
- Flora Growth Corp. Forms Joint Venture with Althea Group Holdings to Create Leading Beverages Brand in U.S. Market [Yahoo! Finance]Yahoo! Finance
- Vessel Brand Unveils the Second-Generation Compass Rise - The Next Evolution in Functionality and Elegance [Yahoo! Finance]Yahoo! Finance
FLGC
Sec Filings
- 6/28/24 - Form DEF
- 6/27/24 - Form SC
- 6/21/24 - Form PRER14A
- FLGC's page on the SEC website