Flora

Pharmavite Announces $425 Million Acquisition of Bonafide Health to Become Leader in Women’s Health

Retrieved on: 
Thursday, November 30, 2023

Pharmavite LLC, the leading nutrition powered wellness company and makers of Nature Made® vitamins, today announces its acquisition of Bonafide Health, the women’s health company creating a new standard in managing the journey of menopause.

Key Points: 
  • Pharmavite LLC, the leading nutrition powered wellness company and makers of Nature Made® vitamins, today announces its acquisition of Bonafide Health, the women’s health company creating a new standard in managing the journey of menopause.
  • Through the acquisition of Bonafide Health, Pharmavite is expanding and complementing its existing women’s health business comprised of Uqora, a cutting-edge urinary tract health brand, and Equelle, the only supplement with S-equol that is clinically shown to naturally address the root cause of symptoms related to estrogen decline.
  • “We’re thrilled to welcome Bonafide Health to Pharmavite.
  • Pharmavite is that partner,” said Michael Satow Co-Founder and CEO of Bonafide Health.

Fluence LEDs Help Organic Grower Flora & Flame Realize Better Yields, Higher-Quality Cannabis

Retrieved on: 
Thursday, October 19, 2023

Flora & Flame is central to a new wave of cannabis cultivators—founded with a vision to build a more sustainable, eco-friendly business model.

Key Points: 
  • Flora & Flame is central to a new wave of cannabis cultivators—founded with a vision to build a more sustainable, eco-friendly business model.
  • In service of the companies’ shared commitment to sustainability, installing Fluence’s LEDs has helped the Flora & Flame team use less electricity and conserve power.
  • Fluence’s award-winning rebate program, which has saved growers more than $26 million, also helped Flora & Flame collect nearly $100,000 in utility rebates.
  • “We will continue to work with cutting-edge growers to help the world grow smarter—and more sustainably.”
    For more information on Fluence, visit www.fluence-led.com .

Genetica Partners with World-renowned Jardín Premium Cannabis Dispensary for an Elevated Retail Experience

Retrieved on: 
Tuesday, October 17, 2023

SAN FRANCISCO, Oct. 17, 2023 /PRNewswire/ -- Genetica, at the forefront of modernizing the cannabis industry, announces a groundbreaking collaboration with Las Vegas' Jardín. Jardín will beta test Genetica's innovative Flora OS. This transformative partnership ushers in a new era, combining the epitome of luxury cannabis retail with next-gen technology. With just one store, Jardín has one of the country's largest footprints, emphasizing quality over quantity.

Key Points: 
  • Jardín Premium Cannabis Dispensary to Beta Test Genetica's Revolutionary Flora OS, Shaping the Future of Global Cannabis Retail
    SAN FRANCISCO, Oct. 17, 2023 /PRNewswire/ -- Genetica , at the forefront of modernizing the cannabis industry, announces a groundbreaking collaboration with Las Vegas' Jardín.
  • This transformative partnership ushers in a new era, combining the epitome of luxury cannabis retail with next-gen technology.
  • "As a destination for premium cannabis experiences, Jardín is thrilled to collaborate with Genetica on beta testing the Flora OS platform.
  • At the forefront of this tech-forward evolution, Jardín and Genetica are reshaping the future of luxury cannabis retail.

Flora Growth Corp. Announces the Appointment of Hussein Rakine as CEO and Member of the Board of Directors

Retrieved on: 
Tuesday, April 18, 2023

To fill the vacancies created by Mr. Merchan’s resignation, the Board has appointed JustCBD founder, Hussein Rakine, as CEO and member of the board of directors.

Key Points: 
  • To fill the vacancies created by Mr. Merchan’s resignation, the Board has appointed JustCBD founder, Hussein Rakine, as CEO and member of the board of directors.
  • Of the appointment, former-Chairman and CEO, Luis Merchan said, “At Flora we have consistently placed human capital as a critical part of our M&A strategy.
  • I believe Hussein’s appointment will ensure continued growth within the Company.”
    “I am enthusiastic about collaborating with our board of directors, executive team, and all stakeholders to bring Flora's business plan to fruition,” said Hussein Rakine.
  • Hussein Rakine founded Just Brands LLC in 2017 and served as its CEO until it was acquired by Flora in February 2022.

Flora Growth to Host 2022 Year End Review Webcast January 30, 2023

Retrieved on: 
Thursday, January 26, 2023

Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading outdoor grower, manufacturer and distributor of cannabis products and brands worldwide, will host a webcast highlighting operational milestones achieved in 2022 which will take place on Monday, January 30th, 2023 at 4:30 p.m.

Key Points: 
  • Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading outdoor grower, manufacturer and distributor of cannabis products and brands worldwide, will host a webcast highlighting operational milestones achieved in 2022 which will take place on Monday, January 30th, 2023 at 4:30 p.m.
  • During the pre-recorded webinar session, Flora Growth’s Chairman & CEO, Luis Merchan will be providing an update on Flora’s 2022 operational performance and provide commentary on Flora’s 2023 revenue guidance.
  • All those interested in attending are encouraged to register using the following link.
  • All registrants will receive a recording of the webcast after the close of the session and a recording will be made available on the Flora Growth website within 24 hours.

Flora Growth Provides Update to International Commercial Cannabis Export Business

Retrieved on: 
Thursday, January 5, 2023

Flora Growth Corp. (NASDAQ: FLGC ) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, is pleased today to provide an update on commercial cannabis operations out of Colombia.

Key Points: 
  • Flora Growth Corp. (NASDAQ: FLGC ) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, is pleased today to provide an update on commercial cannabis operations out of Colombia.
  • Following the April 2022 passage of Resolution 539 permitting licensed cannabis cultivators with export quotas to export dry cannabis flower, Flora successfully exported nearly 1,000kgs of dried cannabis and derivatives to Europe and the United States in the fourth quarter of 2022.
  • These activities are a part of the full commercialization of the Cosechemos farm and Flora Lab One facility in Bucaramanga, Colombia.
  • “As the largest cultivator of commercial cannabis in Colombia, our ability to activate our farm and distribute products is nearly unmatched,” said Luis Merchan, Chairman and CEO of Flora Growth.

Green Check Verified Partners with Southern Chautauqua to Strengthen Cannabis Business Compliance

Retrieved on: 
Thursday, October 6, 2022

BONITA SPRINGS, FL, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Green Check Verified (GCV), the leading fintech provider of compliant cannabis banking solutions and services, announced today its partnership with Southern Chautauqua Federal Credit Union (SCFCU).

Key Points: 
  • BONITA SPRINGS, FL, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Green Check Verified (GCV), the leading fintech provider of compliant cannabis banking solutions and services, announced today its partnership with Southern Chautauqua Federal Credit Union (SCFCU).
  • This partnership aims to improve integrated compliance for financial institutions and cannabis-related businesses in Chautauqua County.
  • We look forward to helping our community grow in this market, said Lindsay Hubbard, Chief Compliance Officer at Southern Chautauqua Federal Credit Union.
  • Green Check Verified (GCV) offers a suite of compliant regulatory banking technology solutions and advisory services for financial institutions.

Gold Flora Launches New Luxe Collection All-In-One Vaporizer Line with Premium Oil and Most Advanced Hardware in California

Retrieved on: 
Thursday, August 11, 2022

Gold Flora a leading vertically-integrated California cannabis company today announced the launch of its revamped Luxe Collection disposable vape pen , the most comprehensive update for the collection since the line was introduced in 2018.

Key Points: 
  • Gold Flora a leading vertically-integrated California cannabis company today announced the launch of its revamped Luxe Collection disposable vape pen , the most comprehensive update for the collection since the line was introduced in 2018.
  • Catering to the diverse preferences of todays modern cannabis consumer, Luxe Collection pens come in three styles: Gold Rush, Black Gold, and White Gold.
  • The Luxe all-in-one disposables represent everything we are focused on at Gold Flora as we utilize our vertical supply chain to bring premium quality products to market at compelling prices.
  • Retailing at a suggested $32, Gold Flora Luxe Collection vape pens are available today at fine dispensaries across California.

On Remand the U.S. District Court for the Western District of Wisconsin Awards DeWitt's Client Approximately $4 Million in Copyright Infringement Damages

Retrieved on: 
Tuesday, July 5, 2022

In 2017, DeWitt's Intellectual Property litigators Harry Van Camp, Eli Van Camp and Laura Davis successfully obtained a jury decision in the U.S. District Court for the Western District of Wisconsin for approximately $4 million in damages for copyright infringement and unjust enrichment.

Key Points: 
  • In 2017, DeWitt's Intellectual Property litigators Harry Van Camp, Eli Van Camp and Laura Davis successfully obtained a jury decision in the U.S. District Court for the Western District of Wisconsin for approximately $4 million in damages for copyright infringement and unjust enrichment.
  • On July 1st, U.S. District Court Judge William Conley released the post appeal decision and order confirming the judgment.
  • That is where the problems began - Flora, Inc. even after being notified of copyright infringement continued to use Sullivan's copyrighted illustrations.
  • After presenting its case to the jury in Wisconsin, the jury agreed that Flora, Inc. had damaged Sullivan economically through its copyright violations.

Flora Growth to Report Fiscal Year 2021 Results on May 10; Schedules Webcast

Retrieved on: 
Friday, May 6, 2022

ET, to discuss financial and operating results for its fiscal year ended December 31, 2021.

Key Points: 
  • ET, to discuss financial and operating results for its fiscal year ended December 31, 2021.
  • During the webcast, management will deliver comments on financial results, operational highlights from 2021, and share a brief look at the Companys performance in 2022 thus far.
  • Following the presentation, Flora will offer analysts, media, and investors the opportunity to ask questions in a question-and-answer session.
  • If any member of the investment community needs access to a phone dial-in, please email [email protected] and one will be provided.