Flora growth corp. announces launch of proposed underwritten public offering of common shares

Fort lauderdale, florida--(newsfile corp. - april 3, 2024) - flora growth corp. (nasdaq: flgc) (the "company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, today announced that it has commenced a public offering to offer and sell common shares. the company intends to use the net proceeds from this offering for general corporate and working capital needs.
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