Lifeist Sells Australian Vapes [Financial Post (Toronto, Ontario, Canada)]
Flora Growth Corp. (FLGC)
Company Research
Source: Financial Post
Lifeist Sells Non-Core Subsidiary to Sharpen its Strategic Focus on Nutraceuticals and B2B Recreational Cannabis TORONTO, June 05, 2024 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today announced the sale of Australian Vaporizers Pty Ltd. (“Aussie Vapes”), its wholly owned Australian subsidiary to Flora Growth Corp. (NASDAQ: FLGC) (“Flora”), a U.S.-based consumer-packaged goods and pharmaceutical distributor serving all 50 states and 28 countries. The sale was completed through a share purchase agreement (the “SPA”) entered into between Lifeist, as vendor, and Flora Growth Corp, as purchaser, pursuant to which Lifeist has sold the issued and outstanding shares of Aussie Vapes to Flora, for total consideration valued at approximately C$900,000, payable by Flora issuing from
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FLGC
News
- Flora Growth Corp. Closes Acquisition of Australian Vaporizers [Yahoo! Finance]Yahoo! Finance
- Lifeist Sells Australian Vapes [Yahoo! Finance]Yahoo! Finance
- 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