Flora expands presence into eu; signs loi to become long-term strategic partner to hoshi international

Toronto, june 07, 2021 (globe newswire) -- flora growth corp. (nasdaq: flgc) (“flora” or the “company”), an all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that the company has signed a letter of intent (“loi”) for the purpose of making an initial strategic equity investment of €2m (two-million euros) into the european cannabis company, hoshi international inc. (“hoshi”).
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