Flora Growth Corp. (FLGC) PT Raised to $7 at Roth/MKM

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Go back to Flora Growth Corp. (FLGC) PT Raised to $7 at Roth/MKM

New Leader in German Cannabis Created with Acquisition of TruHC, Leading EU-GMP Medical Cannabis Producing Facility, on Historic Day Germany Legalizes Recreational Cannabis

April 1, 2024 9:22 AM EDT

Acquisition capitalizes on TruHC's leading German cannabis platform, including:EU-GMP processing and production licenseGDP wholesale license for import / exportEU-GMP certified customizable modules with flexibility to incorporate various production / packaging processes and which enable license extension for future in country cultivation and supply to cannabis dispensariesNarcotics license with EU-GMP certified storageEU-GMP certified laboratory for instant cannabis analysisTransaction combines Flora's extensive global CPG and pharmaceutical distribution network with TruHC's deep global cannabis expertise, including an executive team with extensive experience building successful medical... More