Core Insights - Flora Growth Corp. is launching its THC-infused beverage brand, Melo, in select states starting December 13, 2024, through Total Wines & More, a prominent retailer in the U.S. [3][4] - Melo will be available in four flavors: grapefruit, half & half lemonade iced tea, strawberry mango, and wild berry, targeting consumers looking for alternatives to alcohol [5][6] - The partnership with Total Wines & More is expected to enhance Melo's market presence and differentiate it from competitors due to its quality and flavor offerings [6] Company Overview - Flora Growth Corp. aims to become a leading NASDAQ small-cap international cannabis company, focusing on consumer-packaged goods and pharmaceutical distribution across all 50 states and 28 countries [7]

Core Viewpoint - Flora Growth Corp. intends to explore the integration of Bitcoin as an accepted payment method across its business platforms, reflecting its commitment to innovation and adapting to customer preferences [1][2]. Group 1: Integration of Bitcoin - The company is preparing the necessary technological and operational frameworks to securely handle Bitcoin transactions and hold Bitcoin as currency, recognizing the growing adoption of cryptocurrencies globally [2]. - The CEO emphasized that integrating Bitcoin is about providing customers and partners with more transaction choices, which aligns with the company's long-term vision for growth and accessibility [3]. Group 2: Strategic Approach - Flora views Bitcoin acceptance as a complementary addition to its existing payment ecosystem, aiming to attract a broader demographic, especially in regions where cryptocurrency is widely trusted [3]. - The company is taking a measured approach to ensure that the potential transition to Bitcoin will be secure, compliant, and beneficial for stakeholders [4]. Group 3: Company Overview - Flora Growth Corp. aims to become a leading NASDAQ small-cap international cannabis company, serving all 50 states and 28 countries with over 20,000 points of distribution worldwide [4].

Core Insights - Flora Growth Corp. has renewed its sales orders for the Czech Republic and Slovakia through Mirfa s.r.o., with a total demand valued at approximately $500,000 annually, highlighting the company's commitment to expanding in high-growth international markets [3][4]. - The partnership with Mirfa has been established for four years, reinforcing Flora's position as a reliable supplier in these markets, leveraging product innovation and compliance [4][5]. - The Czech CBD market is experiencing growth, reaching $34 million in 2024, driven by increasing consumer acceptance and regulatory progress [5]. Company Overview - Flora Growth Corp. aims to become a leading NASDAQ small-cap international cannabis company, serving all 50 states and 28 countries with over 20,000 points of distribution globally [7]. - The company specializes in cannabis-focused consumer-packaged goods and pharmaceutical distribution, with a strong emphasis on quality and compliance in its product offerings [6][7]. Market Context - The Czech Republic and Slovakia are emerging cannabis markets, presenting growth opportunities for innovative companies like Flora, as consumer acceptance and regulatory frameworks evolve [5]. - Mirfa, the partner company, focuses on CBD-infused products for both humans and pets, emphasizing transparency and quality assurance in its offerings [6].

Core Insights - Flora Growth Corp. has launched a new product called Element, a glass and brass bubbler designed for dry herb connoisseurs, which reflects the company's commitment to innovation in the lifestyle accessories market [1][2][3] - The Element is engineered with high-quality materials, including durable brass, anodized aluminum, and borosilicate glass, and is designed for optimal performance with features like superior aeration and easy maintenance [3][4] - The product will be available for purchase at a retail price of $149 through Vessel's retail partners and its website, targeting a diverse customer base [4][5] Product Features - Element is designed to hold up to two grams of cannabis and is ergonomically shaped for comfortable use, consisting of six pieces for easy cleaning [3] - The product aims to provide purer, smoother, and more flavorful hits, showcasing the company's focus on quality and user experience [3][5] Company Strategy - The launch of Element is part of Flora's strategy to stay ahead of trends and consumer preferences in a rapidly evolving industry, emphasizing the importance of understanding customer desires [5][6] - Flora Growth Corp. is committed to continuous innovation and product development, aiming to set industry standards with a steady pipeline of new launches [6][7] Market Position - Flora Growth Corp. aims to become a leading NASDAQ small-cap international cannabis company, with a focus on consumer-packaged goods and pharmaceutical distribution across 50 states and 28 countries [7]

Flora Growth Leads the Charge in Australia with Innovative Solutions for PharmaciesNovember 20, 2024 8:14 AM EST | Source: Flora Growth Corp.Fort Lauderdale, Florida--(Newsfile Corp. - November 20, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is positioning itself as a first mover in response to Australia's recent regulatory changes by offering a comprehensive range of products tailored to meet the evolving needs of pharmacies. With the Australian Government ...

Fort Lauderdale, Florida--(Newsfile Corp. - November 13, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the three and nine months ended September 30, 2024. "As the cannabis industry continues to grow, we at Flora are encouraged by the election of President-Elect Donald Trump and the potential for continued progress in cannabis reform," said Clifford Starke, Chief Executive Officer. "Under his previous administration, t ...

. ● . Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany October 30, 2024 9:30 AM EDT | Source: Flora Growth Corp. Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce the launch of its parallel import business ("PI Business") in Germany and the European Union ("EU"). This strategic expansion underscores Flora's broadening footprint in key international markets. ...

● . . Flora Growth Corp. Announces Distribution Partnership with Sunshine State for Its THCInfused Beverages, Targeting $2 Billion Market October 30, 2024 9:00 AM EDT | Source: Flora Growth Corp. Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce a distribution partnership with Sunshine State Distributing ("Sunshine"). This agreement will see Sunshine, a leading distributor in the Southeastern Unite ...

. ● . | --- | --- | |-----------------------------------------------|-------| | | | | Flora Growth Corp. Expands Beverage Portfolio | | | with THC-Infused Cola Targeting $220 Million | | | Beverage Market | | October 28, 2024 8:10 AM EDT | Source: Flora Growth Corp. Fort Lauderdale, Florida--(Newsfile Corp. - October 28, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce the launch of its THC-infused Cola, marking the Company's next product offering in t ...

Flora Growth Corp. Launches THC-Infused Melo to Capture Booming $220 Million Beverage MarketOctober 24, 2024 8:00 AM EDT | Source: Flora Growth Corp.Fort Lauderdale, Florida--(Newsfile Corp. - October 24, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is excited to announce the launch of its first THC-infused beverage, Melo. This marks Flora's highly anticipated debut into the rapidly growing beverage market, an industry experiencing significant momentum in th ...