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MIAMI & TORONTO, October 28, 2021--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today that its Flora Beauty division has signed an agreement with GlossWire to feature its two skincare brands, MIND Naturals and Awe (Ô), on GlossWire’s digital beauty marketplace. The campaign launch is expected to begin November 10th, 2021.

GlossWire is an innovative global marketplace featuring a highly curated mix of emerging and established brands that are making an impact in the beauty and grooming spaces. Swipe technology and social integration tools give brands valuable real-time data and insights. The inclusion of Flora Beauty’s brands underscores the appeal of these new brands and is expected to create significant awareness with the American consumer in advance of the holiday season.
 
Oh my


Flora Growth Receives Good Agricultural and Collection Practices (GACP) Certification, Opening Pathway to Dry Flower Export
October 25, 2021
In this article:
2fd0ce8ec6f6113b7bc24de0f489b0cd


  • Receipt of GACP certification for Cosechemos allows export of Flora’s high-quality dry flower to international GMP producers or to markets where dry flower can be imported

  • Flora is actively harvesting non-psychoactive (CBD) cannabis with yields 40-60% higher than Flora originally anticipated; initial harvest of high-THC cannabis expected in November 2021

  • Flora has signed several LOI’s for the sale of dried flower and derivative products into international jurisdictions including the EU, Australia, and Panama; expects to start fulfillment in Q4 of 2021
 
stonedinvestor said:
Flora Growth(FLGC)

The first cannabis stock we’ll look at is Flora Growth, a Colombian-based company with operations in North American and European cannabis markets. Flora Growth has a wide portfolio of cannabis products, including skin care, food, and beverages, based on in-house production of natural, high-quality cannabis and cannabis derivatives. The company acknowledges that the cannabis industry faces a great deal of uncertainty – much of that deriving from the uneven legal regimes in the US – and aims to counter that with consistently reliable high-quality products that will meet regulatory standards in target markets.

Flora Growth cultivates its crop at its wholly-owned growth facility in Bucaramanga, Colombia. The location covers over 247 acres of prime cultivation land, with 12.5 hours average daily sunlight and six natural water springs. The facility is one of the world’s largest outdoor cannabis grow sites.

In May of this year, Flora Growth announced its IPO, putting 3,333,333 shares of stock on the US markets at $5 each. The IPO raised over $16.66 million in gross proceeds, and the company has a current market cap of $192.5 million.

Flora Growth reported a cash balance of $19 million as of June 30, along with revenues of $2 million for the first half of 2021. The revenue total was up dramatically from 1H20, which saw just $100,000 in revenues. Looking ahead to the second half of 2021, the company expects the top line to come in between $9 million and $11 million.

More than 100% Growth<-----

Roth Capital's Fortune sees Flora Growth’s Colombian roots as the supporting factor in the company’s expansion. He explains, “We believe FLGC is uniquely positioned as a leading of cannabis through its Colombian cultivation, with an emerging international medical cannabis opportunity after Colombia's recent decree to allow flower exports. FLGC is building a global distribution network to sell a broad portfolio of wholesale and in-house branded CBD/THC products. We believe recent Colombian regulatory changes provide significant growth opportunities for LatAm/European cannabis exportation.”

//////////

Interesting on a few levels.

A) Colombia's recent decree to allow flower exports.<-- Huge

B) low-cost producer margins margins margins....

C) At IPO price

Any US Gov change in Banking rules or legality won't affect Colombia but a lot of headaches that US growers and suppliers have also will not be felt in Colombia. If Colombia has realized that Ganja is a source of funds, they have the land they have the sun, the guns and the low cost workers.

A few years ago a couple real smart dudes-one was from Goldman and a few others they up and left the US to start a Int fund that would be growing Pot in Colombia. I was going to be a early investor! It never got off the ground. I think everyone is dead,. I don't know what happened; things went very quiet... But once again that's positive for these guys.


GBA ASSUMING COVERAGE OF FLORA GROWTH WITH A FOMO RATING.
More...
It seems like the money is in the gourmet strains. Can they do that on that scale? Maybe their end user is medical, extracting the thc.

I don't think copper will be going down much, but it might channel a bit. I'd get a professional analyst report on SCCO before you add it to the college portfolio, make sure there's no issues with the company. Those miners are always having some kind of problem. You'd probably do better to just buy scrap locally and smelt it down out at the farm... make pavers out of it and wait 10 years.
 
stonedinvestor said:
Oh my


Flora Growth Receives Good Agricultural and Collection Practices (GACP) Certification, Opening Pathway to Dry Flower Export
October 25, 2021
In this article:
2fd0ce8ec6f6113b7bc24de0f489b0cd


  • Receipt of GACP certification for Cosechemos allows export of Flora’s high-quality dry flower to international GMP producers or to markets where dry flower can be imported

  • Flora is actively harvesting non-psychoactive (CBD) cannabis with yields 40-60% higher than Flora originally anticipated; initial harvest of high-THC cannabis expected in November 2021

  • Flora has signed several LOI’s for the sale of dried flower and derivative products into international jurisdictions including the EU, Australia, and Panama; expects to start fulfillment in Q4 of 2021
More...
Oh ok, there ya go, extracts. Savant.
 
The Flora story just keep getting better. Man. I want to be young and working for a pot company. damnit!

Ok really trendy skin care. Check.beautiful packaging great gift. I think you can buy in America I'm not sure// I better check on that
BUT they also bought super trendy Vessel and got all that management..!! Oy.

 
vanzandt said:
It seems like the money is in the gourmet strains. Can they do that on that scale? Maybe their end user is medical, extracting the thc.

I don't think copper will be going down much, but it might channel a bit. I'd get a professional analyst report on SCCO before you add it to the college portfolio, make sure there's no issues with the company. Those miners are always having some kind of problem. You'd probably do better to just buy scrap locally and smelt it down out at the farm... make pavers out of it and wait 10 years.
More...


GBA> DIVIDEND CAPTURE STRATEGY 101
NO I'M TALKING ABOUT THE SUPER DANGEROUS ONE DAY DIP FOR 6 % FOR A FREE 6% unless The stk reacts down after div which 90% do but... it's possible if the sector is in favor to pull this feat off and move on a day later...
 
Flora Growth Signs Definitive Agreement to Acquire Vessel Brand, Entering US Cannabis Consumer Technology Market & Strengthening Management Team
Wed, November 3, 2021, 7:05 AM
 
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