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Flora Growth Exports High CBD Dried Cannabis Flower Into New International Markets – Flora Growth (NASDAQ:FLGC) – Stocks to Watch
  • Fri. Apr 19th, 2024

Flora Growth Exports High CBD Dried Cannabis Flower Into New International Markets – Flora Growth (NASDAQ:FLGC)

ByVuk Zdinjak

Sep 26, 2022
Flora Growth Exports High CBD Dried Cannabis Flower Into New International Markets - Flora Growth (NASDAQ:FLGC)

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Flora Growth Corp. FLGC, has completed its first exports of Colombian grown high-CBD dried cannabis flower to Switzerland and the Czech Republic as well as CBD isolate to the United States.

“As our global distribution network continues to evolve, adding these three industry-leading countries to our footprint is a major milestone for Flora,” stated Luis Merchan, chairman and CEO of Flora Growth. “Our cultivation operation in Colombia, which provides high-quality, high-margin flower and derivatives, has experienced increasing demand. These exports are a testament to our team’s ability to execute in a very complex global regulatory environment and create new commercial revenue for our company.”

This announcement also marks the launch of Flora’s commercial website where approved buyers can learn about Flora’s cultivation and grow practices, and can also initiate orders for high-THC and high-CBD dry flower as well as derivative products.

Switzerland recently announced a pilot project to open adult-use cannabis sales this summer in Basel, to test the viability of a fully legal recreational market.

“We are proud to help increase access to safe, legal CBD and THC to consumers all over the globe,” Merchan added. “We look forward to working closely with our partners in Europe and North America to bring high-quality Colombian cannabis products and raw materials to market.”

Photo by Jeff W on Unsplash

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Image and article originally from www.benzinga.com. Read the original article here.