Flora Growth Awarded Best M&A Deal at Benzinga Cannabis Capital Conference
FORT LAUDERDALE, Fla. & TORONTO — Flora Growth Corp. (NASDAQ:FLGC)(the “Company” or “Flora”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that the Company received the Best M&A ... [Read]
Flora Growth Acquires No Cap Hemp Co., Bolstering Product Offering And Revenue Streams
No Cap Hemp Co., an emerging brand in the hemp flower market, will diversify Flora’s brand portfolio and product offerings The acquisition provides the opportunity to expand Flora Growth Corp.’s (NASDAQ:FLGC)s distribution foothold in the ... [Read]
CBD Oil Market to Hit Nearly US$137 Billion by 2029
The CBD oil market is expected to witness an astounding CAGR of 38.90% from 2021 until 2029, climbing from $9.86 billion to $136.64 billion. There are several reasons behind the projected growth such a growing ... [Read]
CBD Usage Rising in Japan Despite Drug Taboo
Japan may be known for its zero-tolerance cannabis laws and strong social stigma against the drug, but the sentiment towards CBD is quickly changing. CBD extracted from the seeds or adult stems of the plant ... [Read]
Flora Growth Reports H1 2022 Financial Results
H1 2022 revenue increased to ~$15.0 million, up 604% from H1 2021 and 117% from H2 2021, driven by House of Brands Gross Profit increased to ~$7.0 million, up 547% compared to H1 2021 and ... [Read]
Flora Growth Announces Results of Annual Meeting of Shareholders; Appointment of Brandon Konigsberg to Board of Directors
FORT LAUDERDALE, Fla. & TORONTO — Flora Growth Corp. (NASDAQ:FLGC)(“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that at the Company’s annual meeting of ... [Read]
Agrify Enters the Lucrative New Zealand Cannabis Market With End-To-End Solutions for Cultivation and Extraction Through Sales and SAAS Licensing Agreement With Ora Pharm.
AgrifyTM Corporation, the most cutting-edge supplier of advanced cultivation and extraction solutions for the cannabis industry, announced it has signed a legally binding agreement (the “Agreement”) to provide Ora Pharm, a Waikato, New Zealand-based health ... [Read]
Massage Envy Enhances Massage and Skin Care Portfolio With CBD Offerings From Charlotte’s Web, The World’s Most Reliable Hemp Extract™ (CWBHF)
Massage Envy, the nation’s No. 1 provider of massage in the U.S. overall across its franchise network and a national leader in skincare, together with Charlotte’s Web Inc., the market leader in creating next-generation, hemp-derived ... [Read]
Heritage Cannabis has Announced the Addition of 20 New Products to the Ontario Cannabis Market.
Heritage Cannabis Holdings Corp. has announced that it will debut twenty new products in the Ontario cannabis market, which will be available through the Ontario Cannabis Store (OCS) and other merchants across the province. Loose ... [Read]
Thailand Becomes First Asian Country to Legalize Marijuana
Thailand made headlines last week when it became the first country in Asia to decriminalize marijuana, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin Charnvirakul expects legal ... [Read]