Flora Growth Corp. (NASDAQ: FLGC) Receives its 2021 Commercial Export Quota Allocation from Colombian Government; Partners to Optimize Its Supply Chain By Implementing Global Cannabis Product Validation and Authentication Platform

(Investor Brand Network via Comtex)

  • Flora also recently announced it had received its 2021 commercial export quota allocation of 7,900 kilograms to cultivate, process, and distribute high-THC cannabis
  • Flora Growth also announced it has entered into an agreement with Applied DNA Sciences, Inc. and TruTrace Technologies, Inc.
  • FLGC will deploy the two companies' integrated technology as part of its global cannabis product validation and authentication platform
  • The integrated technology will tag, test, and track Flora's cannabis and cannabis derivative products during transit across an international supply chain, providing enhanced transparency, traceability, and trust

As an internationally focused company, Flora Growth (NASDAQ: FLGC) has always strived to build a global cannabis consumer packaged goods ("CPG") portfolio by leveraging natural, low-cost cultivation practices; developing products that positively impact the health and wellness of people; and growing a global footprint through partnerships, investments, and acquisitions. In line with this commitment, Flora recently entered into distribution agreements with Kiricann (https://cnw.fm/AvJ45) and Evergreen Pharmacare (https://cnw.fm/buscH) to supply dried flower and derivatives to Africa and the EU, as well as Australia, adding to its existing strategic global growth and distribution initiatives.

Coming shortly after the Colombian government announced reformed, more accessible cannabis legislation, Flora recently announced it had received its 2021 export quota from the Columbian Technical Quotas Group ("TQG") to cultivate, process, and distribute up to 7,900 kilograms of…

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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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