Financial News

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Partners with 357 Company to Launch Cannabis Division

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, is working with the 357 Company to launch 357’s Canna Logistics division. The new division is an expansion beyond 357’s Hemp Logistics segment, which ships federally legal hemp within the United States. According to the announcement, the new division will focus on logistics management and shipping of cannabis and hemp between countries where cannabis has been legalized. 357 is working to expand into international shipping of cannabis, hemp and industrial hemp; the cannabis export/import industry is new and poses significant potential for shipments of nonindustrial products, including CBD isolates and oils.

International shipping can be complicated, and 357 is a pioneer in international cannabis shipping; the company looks to be one of the few companies with both experience in cannabis and international logistics. 357 is collaborating with Flora Growth to fulfill FLGC’s international logistics management needs as well as provide quality customer service with a single point of contact; the company is also committed to delivering cannabis in a timely, safe, and affordable manner. “357’s extensive experience in international freight forwarding, logistics management and operations at major cannabis multi-state operators, coupled with expertise in transport security and pharmaceutical and food delivery, provides the comprehensive knowledge and skill set for managing the complexities of international logistics in the highly regulated cannabis industry,” said Flora Growth chief commercial officer Jason Warnock in the press release. “We’re looking forward to growing together in this exciting new market space.”

To view the full press release, visit https://cnw.fm/mJP5q

About Flora Growth Corp.

Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands that delivers the most compelling customer experiences in the world, one community at a time. As the operator of one of the largest outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. For more information about the company, please visit www.FloraGrowth.ca.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://cnw.fm/FLGC

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