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Flora Growth Announces Frankfurt Stock Exchange Listing

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Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) has announced its listing on the Frankfurt Stock Exchange (FSE) under the symbol '7301'. This strategic move aims to increase trading liquidity and facilitate investment from European investors. The FSE, one of the world's largest organized exchange-trading markets, offers Flora access to its electronic trading platform, XETRA, which is directly linked to major European financial hubs.

CEO Clifford Starke emphasized that this listing provides a pathway for new European investors to gain exposure to the company, in addition to enhancing liquidity and trading. The FSE's reach extends to key financial centers such as Switzerland, Luxembourg, Lichtenstein, and Monaco, potentially broadening Flora's investor base.

Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ha annunciato la sua quotazione sulla Borsa di Francoforte (FSE) con il simbolo '7301'. Questo movimento strategico mira ad aumentare la liquidità degli scambi e a facilitare l'investimento da parte degli investitori europei. La FSE, uno dei più grandi mercati di scambio organizzato al mondo, offre a Flora l'accesso alla sua piattaforma di trading elettronico, XETRA, che è direttamente collegata ai principali hub finanziari europei.

Il CEO Clifford Starke ha sottolineato che questa quotazione offre una via d'accesso per i nuovi investitori europei per conoscere l'azienda, oltre a migliorare la liquidità e le negoziazioni. La portata della FSE si estende a importanti centri finanziari come Svizzera, Lussemburgo, Liechtenstein e Monaco, potenzialmente ampliando la base di investitori di Flora.

Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ha anunciado su cotización en la Bolsa de Frankfurt (FSE) bajo el símbolo '7301'. Este movimiento estratégico tiene como finalidad aumentar la liquidez de la negociación y facilitar la inversión de inversores europeos. La FSE, uno de los mercados de intercambio organizados más grandes del mundo, ofrece a Flora acceso a su plataforma de negociación electrónica, XETRA, que está directamente conectada a los principales centros financieros europeos.

El CEO Clifford Starke enfatizó que esta cotización proporciona un camino para que nuevos inversores europeos conozcan la empresa, además de mejorar la liquidez y las transacciones. El alcance de la FSE se extiende a centros financieros clave como Suiza, Luxemburgo, Liechtenstein y Mónaco, potencialmente ampliando la base de inversores de Flora.

Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301)는 프랑크푸르트 증권 거래소(FSE)에 '7301'라는 상장 기호로 상장되었다고 발표했습니다. 이 전략적 결정은 거래 유동성을 높이고 유럽 투자자들의 투자를 촉진하기 위한 것입니다. FSE는 세계에서 가장 큰 조직화된 거래 시장 중 하나로, Flora는 주요 유럽 금융 중심지와 직접 연결된 전자 거래 플랫폼인 XETRA에 접근할 수 있습니다.

CEO인 Clifford Starke는 이 상장이 새로운 유럽 투자자들이 회사를 알 수 있는 길을 제공할 뿐만 아니라, 유동성과 거래를 향상시키는 데도 기여한다고 강조했습니다. FSE의 범위는 스위스, 룩셈부르크, 리히텐슈타인, 모나코와 같은 주요 금융 센터에까지 확대되며, Flora의 투자자 기반을 잠재적으로 넓힐 수 있습니다.

Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) a annoncé sa cotation sur la Bourse de Francfort (FSE) sous le symbole '7301'. Ce mouvement stratégique vise à augmenter la liquidité des échanges et à faciliter l'investissement des investisseurs européens. La FSE, l'un des plus grands marchés d'échange organisés au monde, offre à Flora un accès à sa plateforme de trading électronique, XETRA, qui est directement liée aux principaux centres financiers européens.

Le PDG Clifford Starke a souligné que cette cotation offre une voie d'accès pour de nouveaux investisseurs européens afin de découvrir l'entreprise, tout en améliorant la liquidité et le trading. La portée de la FSE s'étend à des centres financiers clés tels que la Suisse, le Luxembourg, le Liechtenstein et Monaco, élargissant potentiellement la base d'investisseurs de Flora.

Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) hat seine Notierung an der Börse Frankfurt (FSE) unter dem Symbol '7301' angekündigt. Dieser strategische Schritt zielt darauf ab, die Handelsliquidität zu erhöhen und Investitionen von europäischen Anlegern zu erleichtern. Die FSE, einer der größten organisierten Handelsmärkte der Welt, bietet Flora Zugang zu ihrer elektronischen Handelsplattform XETRA, die direkt mit wichtigen europäischen Finanzzentren verbunden ist.

CEO Clifford Starke betonte, dass diese Notierung einen Weg für neue europäische Investoren bietet, um das Unternehmen kennenzulernen, zusätzlich zur Verbesserung der Liquidität und des Handels. Die Reichweite der FSE erstreckt sich auf wichtige Finanzzentren wie die Schweiz, Luxemburg, Liechtenstein und Monaco, was das Potenzial hat, Floras Investorenbasis zu erweitern.

Positive
  • Listing on Frankfurt Stock Exchange, potentially increasing trading liquidity
  • Access to European investors through FSE's electronic trading platform XETRA
  • Potential for increased exposure to major European financial hubs
Negative
  • None.

Fort Lauderdale, Florida--(Newsfile Corp. - August 7, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce that the Company's common shares now trade on the Frankfurt Stock Exchange ("FSE") under the symbol "7301".

The Frankfurt Stock Exchange is one of the world's largest (behind only the Nasdaq and NYSE) organized exchange-trading market in terms of turnover and dealings with securities. The electronic trading platform of the FSE, XETRA, has made it the world's second largest fully electronic cash market with direct linkage to all other major European financial hubs. This listing will help to increase the Company's trading liquidity and facilitate investment in Flora by European investors through the Frankfurt listing as major financial hubs like Switzerland, Luxembourg, Lichtenstein, Monaco and others are reached easily.

"The Frankfurt listing will provide a path for new European investors to gain exposure to the Company in addition to increasing our liquidity and trading. We welcome the opportunity to connect with our shareholders and European investors," said Clifford Starke, Chief Executive Officer.

About Flora Growth Corp.

Flora Growth Corp. is a consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world. For more information on Flora, visit www.floragrowth.com.

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Investor Relations:

Investor Relations ir@floragrowth.com
Clifford Starke Clifford.Starke@floragrowth.com

Media:
media@floragrowth.com

Cautionary Statement Concerning Forward-Looking Statements

This press release contains "forward-looking statements," as defined by U.S. federal securities laws. Forward-looking statements reflect Flora's current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words "believe," "expect," "anticipate," "will," "could," "would," "should," "may," "plan," "estimate," "intend," "predict," "potential," "continue," and the negatives of these words and other similar expressions generally identify forward-looking statements. These forward-looking statements include, but are not limited to, statements about: the impact of new product launches. Such forward-looking statements are subject to various and risks and uncertainties, including those described under section entitled "Risk Factors" in Flora's Annual Report on Form 10-K filed with the United States Securities and Exchange Commission (the "SEC") on March 28, 2024, as such factors may be updated from time to time in Flora's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov/edgar. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in Flora's filings with the SEC. While forward-looking statements reflect Flora's good faith beliefs, they are not guarantees of future performance. Flora disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based on information currently available to Flora (or to third parties making the forward-looking statements).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219168

FAQ

What is Flora Growth's new stock symbol on the Frankfurt Stock Exchange?

Flora Growth's stock symbol on the Frankfurt Stock Exchange is '7301'.

How might the Frankfurt Stock Exchange listing benefit Flora Growth (FLGC)?

The FSE listing may increase Flora Growth's trading liquidity and facilitate investment from European investors, potentially broadening the company's investor base.

When did Flora Growth (FLGC) announce its Frankfurt Stock Exchange listing?

Flora Growth announced its Frankfurt Stock Exchange listing on August 7, 2024.

Which major financial hubs can Flora Growth (FLGC) reach through the Frankfurt Stock Exchange?

Through the Frankfurt Stock Exchange, Flora Growth can reach major financial hubs including Switzerland, Luxembourg, Lichtenstein, and Monaco.

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