Flora Growth Corp. (NASDAQ: FLGC) Ideally Positioned as Colombia Makes Cannabis Progress
Flora Growth Corp. (NASDAQ: FLGC) announced its feature in an editorial by NetworkNewsWire, discussing the advancements in global cannabis markets with a focus on Latin America. While the U.S. has seen slow progress toward cannabis legalization, countries like Colombia, Mexico, and Panama are taking significant steps to develop a legal cannabis industry. Flora Growth is positioned as a leader in Colombia's cannabis market, emphasizing natural cultivation and sustainable practices across its product range in cosmetics, textiles, and food and beverage.
- Flora Growth is well-positioned in the growing Latin American cannabis market.
- The company operates one of the largest outdoor cultivation facilities, enabling cost-effective production.
- Flora's focus on natural ingredients aligns with rising consumer demand for sustainable products.
- None.
NEW YORK, Sept. 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — Flora Growth Corp. (NASDAQ: FLGC) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.
To view the full publication, “Latin America, Not US, Spearheading Advancements in Global Cannabis Markets,” please visit: https://nnw.fm/2cRGl
When Democrats took control of Capitol Hill during the elections in November 2020, there was growing optimism that federal legalization of cannabis was in the cards for Americans. Nine months into the new administration, progress has been slow in the United States.
Latin American (LATAM) countries, on the other hand, have moved forward with new laws ending cannabis prohibition and supporting the industry, moves to generate government revenue, cut into illicit sales and bring novel therapeutic options to people in need. Colombia, Mexico and Panama are emerging as global pioneers promoting responsible cannabis commerce, which bodes well for Flora Growth Corp. (NASDAQ: FLGC), a company with robust operations in Colombia.
About Flora Growth Corp.
Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive.
For more information about this company, visit www.FloraGrowth.ca or follow @floragrowthcorp on social.
NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC
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