FLGC · Categories · M&A
FLGC - Mergers and acquisitions
Flora Growth Corp. (FLGC) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for FLGC
- Flora Growth Awarded Best M&A Deal at Benzinga Cannabis Capital ConferenceFlora Growth Corp. (NASDAQ:FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that the Company received the Best M&A Deal award at Benzinga's 2022 Cannabis Capital Conference in Chicago. "We are honored to receive the award for Best M&A Deal at the Benzinga Cannabis Capital Conference, which recognizes our strategic M&A objectives including acquiring products, expertise, expanding distribution, and customers," said Luis Merchan, Chairman and CEO of Flora. Flora completed the acquisition of JustCBD in February 2022, and it immediately offered the Company an established CPG brand with a por
- Flora Growth Acquires No Cap Hemp Co., Bolstering Product Offering And Revenue StreamsNo 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's distribution foothold in the US market, with a unique collection of products with strong revenue growth potential Deal offers Flora an immediate revenue stream and enhances manufacturing capabilities Flora Growth Corp. (NASDAQ:FLGC) ("Flora" or the "Company"), an all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that its wholly-owned subsidiary, Just Brands LLC, has acquired substantially all of the assets pertaining to the brand No Cap Hemp Co. (
- Flora Growth Reports H1 2022 Financial ResultsH1 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 363% compared to H2 2021 Company reaffirms its 2022 revenue guidance to range between $35.0 million - $45.0 million, indicating approximately 300% - 400% projected revenue growth from 2021 Management to host a webcast today at 4:30 P.M. ET Flora Growth Corp. (NASDAQ:FLGC) ("Flora" or the "Company"), a manufacturer and distributor of global cannabis products and brands, reported today its financial and operating results for the six months ended June 30, 2022. All financial information is provided i
- Flora Growth Acquires CBD Brand MasayaFlora 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 it has entered into an agreement with leading cell biologist, Dr. Annabelle Manalo-Morgan, Ph.D., to acquire her brand Masaya, together with its patent-pending CBD formulations. Created by Dr. Annabelle and backed by her research, Masaya's formulations of pure, potent CBD oil are 100% THC-free and have a long track record of positive testimonials collected over years of use. Flora intends to distribute the brand and its formulations worldwide. Masaya will become an owned Flora brand sold in the US and will b