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Flora Growth Announces Launch of New Calm and Sleep Gummies

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Flora Growth Corp. (NASDAQ: FLGC) has announced the launch of two new gummy products under its JustCBD brand. The new offerings include JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies for stress management and relaxation, and JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies for improved sleep quality.

The Calm gummies combine Gaba and L-Theanine to help users manage stress, while the Sleep gummies utilize Magnesium and Melatonin to promote faster and deeper sleep. Both products feature appealing flavors to enhance the user experience. CEO Clifford Starke emphasized that these new products align with the company's mission to provide high-quality, effective solutions to enhance customers' lives.

Flora Growth Corp. (NASDAQ: FLGC) ha annunciato il lancio di due nuovi prodotti a forma di gomma sotto il suo marchio JustCBD. Le nuove offerte includono JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies per la gestione dello stress e il rilassamento, e JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies per migliorare la qualità del sonno.

Le gomme Calm combinano Gaba e L-Theanine per aiutare gli utenti a gestire lo stress, mentre le gomme Sleep utilizzano Magnesio e Melatonina per promuovere un sonno più veloce e profondo. Entrambi i prodotti presentano sapori accattivanti per migliorare l'esperienza dell'utente. Il CEO Clifford Starke ha sottolineato che questi nuovi prodotti sono in linea con la missione dell'azienda di fornire soluzioni di alta qualità ed efficaci per migliorare la vita dei clienti.

Flora Growth Corp. (NASDAQ: FLGC) ha anunciado el lanzamiento de dos nuevos productos en forma de gomita bajo su marca JustCBD. Las nuevas ofertas incluyen JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies para la gestión del estrés y la relajación, y JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies para mejorar la calidad del sueño.

Las gomitas Calm combinan Gaba y L-Theanine para ayudar a los usuarios a manejar el estrés, mientras que las gomitas Sleep utilizan Magnesio y Melatonina para promover un sueño más rápido y profundo. Ambos productos cuentan con sabores atractivos para mejorar la experiencia del usuario. El CEO Clifford Starke enfatizó que estos nuevos productos están alineados con la misión de la empresa de proporcionar soluciones efectivas y de alta calidad para mejorar la vida de los clientes.

플로라 성장 주식회사 (NASDAQ: FLGC)는 JustCBD 브랜드 아래 새로운 두 가지 젤리 제품을 출시했다고 발표했습니다. 새로운 제품에는 스트레스 관리와 이완을 위한 JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies와 수면의 질 향상을 위한 JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies가 포함되어 있습니다.

Calm 젤리는 Gaba와 L-Theanine을 결합하여 사용자들이 스트레스를 관리하는 데 도움을 주며, Sleep 젤리는 마그네슘과 멜라토닌을 사용하여 더 빠르고 깊은 수면을 촉진합니다. 두 제품 모두 사용자 경험을 높이기 위해 매력적인 맛을 제공합니다. CEO 클리포드 스타크는 이러한 신제품이 고객의 삶을 향상시키기 위한 회사의 목표와 일치한다고 강조했습니다.

Flora Growth Corp. (NASDAQ: FLGC) a annoncé le lancement de deux nouveaux produits gélifiés sous sa marque JustCBD. Les nouvelles offres incluent JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies pour la gestion du stress et la relaxation, et JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies pour améliorer la qualité du sommeil.

Les gommes Calm combinent Gaba et L-Theanine pour aider les utilisateurs à gérer le stress, tandis que les gommes Sleep utilisent du magnésium et de la mélatonine pour favoriser un sommeil plus rapide et plus profond. Les deux produits présentent des saveurs attrayantes pour améliorer l'expérience utilisateur. Le PDG Clifford Starke a souligné que ces nouveaux produits s'inscrivent dans la mission de l'entreprise d'offrir des solutions de haute qualité et efficaces pour améliorer la vie des clients.

Flora Growth Corp. (NASDAQ: FLGC) hat die Einführung von zwei neuen Gummiprodukten unter der Marke JustCBD angekündigt. Zu den neuen Angeboten gehören JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies zur Stressbewältigung und Entspannung sowie JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies zur Verbesserung der Schlafqualität.

Die Calm Gummies kombinieren Gaba und L-Theanine, um den Nutzern bei der Stressbewältigung zu helfen, während die Sleep Gummies Magnesium und Melatonin nutzen, um schneller und tiefer zu schlafen. Beide Produkte bieten ansprechende Geschmäcker, um das Benutzererlebnis zu verbessern. CEO Clifford Starke betonte, dass diese neuen Produkte mit der Mission des Unternehmens übereinstimmen, hochwertige und effektive Lösungen zur Verbesserung des Lebens der Kunden anzubieten.

Positive
  • Launch of two new gummy products expanding JustCBD's product line
  • Targeting growing markets of stress management and sleep improvement
  • Melatonin gummies are one of the company's best-selling products
Negative
  • None.

The launch of JustCBD's new Calm and Sleep gummies represents a strategic expansion into the growing wellness market. While this move aligns with consumer trends towards natural stress relief and sleep aids, its immediate impact on Flora Growth's financials may be .

The global CBD gummies market was valued at $1.6 billion in 2020 and is projected to reach $6.9 billion by 2028, growing at a CAGR of 20.1%. However, JustCBD operates in a highly competitive space with numerous established players. The success of these new products will depend on effective marketing, distribution and consumer acceptance.

Investors should note that while product diversification is positive, it's important to monitor sales performance and market share gains in the coming quarters to gauge the true impact on Flora Growth's bottom line.

The formulation of JustCBD's new gummies shows a thoughtful approach to addressing common wellness concerns. GABA and L-Theanine in the Calm gummies are well-studied for their anxiolytic effects, potentially offering a natural alternative to pharmaceutical stress relievers. Similarly, the combination of Magnesium and Melatonin in the Sleep gummies is backed by scientific research for improving sleep quality.

However, it's important to note that the efficacy of these ingredients can vary among individuals. The gummies' effectiveness will depend on dosage, which isn't specified in the announcement. Additionally, while melatonin supplements are generally considered safe for short-term use, long-term effects are less studied.

From a nutritional standpoint, the use of natural flavors (mixed berry and raspberry) is a positive aspect, potentially appealing to health-conscious consumers seeking alternatives to artificial additives.

Fort Lauderdale, Florida--(Newsfile Corp. - August 6, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company")'s JustCBD, a leading consumer products brand, is excited to introduce two new products to its line of offerings - JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies and JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies. These innovative gummies are designed to support stress management and promote relaxation, as well as enhance sleep quality.

The JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies are formulated with an optimal blend of Gaba and L-Theanine, renowned for their calming properties. These ingredients are combined to assist users in managing stress and attaining a state of relaxation. The mixed berry flavor enhances the experience, making stress relief both effective and amiable.

The JustCBD+ Sleep Magnesium & Melatonin Raspberry Gummies are crafted to promote a restful night's sleep. By harnessing the potent combination of Magnesium and Melatonin, these gummies are designed to help users fall asleep more quickly and experience deeper, more restorative sleep. The delightful raspberry flavor ensures that bedtime becomes a pleasant and enjoyable routine. Melatonin gummies are one of the Company's best sellers.

"We are thrilled to expand our product line with these innovative gummies," said Clifford Starke, Chief Executive Officer. "Our mission is to enhance the lives of our customers, and these new products are a testament to our commitment to providing high-quality, effective solutions."

About JustCBD

JustCBD high quality CBD products made from organically sourced USA-grown hemp. JustCBD carries a wide range of CBD items for sale, including everything from Gummies and oil to soothing creams and pet treats. It has more than 22,000 5-star reviews. Every CBD product is GMP certified, as well as third party laboratory tested to confirm buyers' safety. JustCBD is one of the top gummy companies in the world. For more information, visit www.justcbdstore.com.

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/218841

FAQ

What new products has Flora Growth Corp. (FLGC) launched under its JustCBD brand?

Flora Growth Corp. has launched two new gummy products: JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies for stress management and relaxation, and JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies for improved sleep quality.

What are the key ingredients in JustCBD's new Calm gummies?

The JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies contain an optimal blend of Gaba and L-Theanine, known for their calming properties.

What is the purpose of Flora Growth's (FLGC) new Sleep gummies?

The JustCBD+ Sleep Magnesium & Melatonin Raspberry Gummies are designed to help users fall asleep more quickly and experience deeper, more restorative sleep.

How do these new products align with Flora Growth's (FLGC) business strategy?

The new gummy products align with Flora Growth's mission to enhance customers' lives by providing high-quality, effective solutions, as stated by CEO Clifford Starke.

Flora Growth Corp.

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Drug Manufacturers - Specialty & Generic
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