Flora growth closes acquisition of franchise global health, cementing foothold in germany and the european union

Fort lauderdale, fla. & toronto--( business wire )--flora 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, on december 23, 2022, it closed the previously disclosed acquisition of all of the issued and outstanding shares of franchise global health inc. (tsxv: fgh) (“fgh”), a multi-national operator in the medical cannabis and pharmaceutical industry, with principal operations in germany.
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