CannabisNewsBreaks – American Cannabis Partners Leveraging Complementary Business Segments

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, focusses on “assets, assets, assets” and then building out operations according to the company’s CEO , Stephen Jordan. This distinguishes American Cannabis Partners from others in the industry that often create a product first rather than initially building the critical infrastructure. “Complementary business segments hold this multistate cannabis company’s focus — real estate, acquisition and development of proprietary assets, and ongoing cultivation operations,” reads a recent article. “An important goal for 2021 is to bring the website fully online to capitalize on the company’s revenue and on building solid relationships with its consumers.”

To view the full article, visit https://cnw.fm/HuBxB

About American Cannabis Partners

American Cannabis Partners is a fully licensed, large scale and 100% organic cannabis cultivation company nationally headquartered in Trinity County of the Emerald Triangle. Guided by business professionals and cultivators, the company focuses on four industry segments: real estate, cultivation, medical research, and nonprofit groups. For both medical and recreational, American Cannabis Partners supplies multiple forms of raw product at wholesale prices for manufacturing, distribution and retail licenses. Its commodity pricing model enables stable profit margins for customers, aiding the company’s expansion into multiple states. For more information, visit the company’s website at www.ACPFarms.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW — Best Practices When Labeling Marijuana-Infused Products

With marijuana’s popularity growing by the day, plenty of companies have thrown their hats into the cannabis space for a taste of that sweet cannabis profit. But thanks to the industry’s complex regulatory landscape, some of them have adopted unscrupulous marketing, advertising and labeling practices, leading to several warnings from federal authorities.

For any cannabis business that would like to build a recognizable brand while staying out of the authorities’ radar, complying with the established rules is crucial. This is especially true when it comes to labeling marijuana-infused products, which still have a murky regulatory landscape and require careful execution.

The first thing you should do is to pick your product category. Based on guidance by the FDA’s Code of Federal Regulations (“CFR”), which provides labeling requirements for different classes of consumer-packaged goods, you can classify your product into categories such as foods, beverages, cosmetic products and dietary supplements.

Finding your product category is crucial as that indicates which CFRs you should follow, and you can do this with the help of Guidance for Industry: Food Labeling GuideCosmetics Labeling Guide, and Dietary Supplement Labeling Guide. Once you have chosen an appropriate product category, it’s time to look at state-specific regulations.

Although plenty of states now have hemp and cannabis markets, they each have different policies. What is legal in one state could be illegal in another, so it is essential that you study your state’s cannabis regulations before you slap a label on your products. For instance, Colorado allows sellers to package marijuana-infused drinks in clear packages while California does not. If you plan on operating in more than one state, you will have to study each state’s cannabis policies and label products meant for different markets based on their specific requirements.

Speaking of cannabis policies, do not make any health claims on your packaging. With the cannabis/hemp industry as underregulated as it is, the FDA has not yet released official labeling guidelines for cannabis products. However, the agency draws the line against making unsubstantiated medical claims on the packaging. The FDA has even issued several warning letters to companies making claims of relieving pain and inflammation, preventing arthritis, reducing anxiety, and treating opioid addiction. Even if you are marketing your product within the health and wellness segment, it would be in your best interests to avoid making any health claims.

As per your product’s Code of Federal Regulations, you will have to include certain things on your labelling. These include an identity statement, net quantity of contents, ingredient listing, allergen statement, nutritional facts panel (for food and beverages), distribution statement, storage requirements and dosage per serving.

For companies such as BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) that operate within the beverages and supplements segments, mastering a variety of applicable regulations is an art they have mastered in order to grow and thrive.

NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) are available in the company’s newsroom at http://cnw.fm/BVNNF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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420 with CNW — Differences Between Indoor-Grown, Outdoor-Grown Cannabis

Telling the difference between marijuana grown indoors and outdoors can be a bit hard, unless you’re a marijuana connoisseur. There are pros and cons attached to these two growing methods, which means that learning about their differences could be beneficial, whether you simply want to get better at identifying marijuana you purchase or would prefer to grow your own.

Below, we look at the differences between indoor-grown and outdoor-grown marijuana:

Most cultivators prefer growing their cannabis indoors because it provides more control over factors such as water, temperature and light, among other aspects involved in cannabis cultivation. Growing marijuana outdoors leaves cultivators prone to varying factors such as unforeseen changes in weather.

However, growing indoors also consumes significant levels of energy, which means that in comparison with outdoor cultivation, you’ll have more utility expenses. Unlike indoor cultivation, outdoor growing is much more environment friendly because it requires less electricity and resources to grow, making it cheaper to produce. Outdoor cultivation also has a lower carbon footprint.

Indoor-grown cannabis also yields less in comparison with outdoor-grown cannabis. Despite the lower yield, however, indoor growing allows you to grow the plant year-round as long as one is in possession of the right tools and equipment, which makes it more convenient when compared to outdoor cultivation, which is limited by growing conditions and the current season.

Marijuana plants grown outside also require less adjustments in fertilizers, fungicides, pesticides and soil, with experts noting that there is no need to add nutrients to the soil if the plant is growing in a naturally fertile area. For instance, some of the best marijuana in the world can be found in Jamaica. The plant grows there with almost no amendments due to the sufficient sunlight, rain fall and soil.

This makes fertile soil a crucial factor to consider as well as use, given that good soil contains loads of micro and macronutrients like iron, copper, nitrogen, potassium and phosphorus, which are needed for the growth of healthy plants.

Marijuana plants grown outdoors are also more resilient to threats like pests in comparison to indoor grown plants, which makes them stronger, as well as healthier and more resistant to mildew and mold.

It should be noted that there exist strains of cannabis that are grown both outdoors and indoors, each of which affords consumers with a unique experience. Entities such as American Cannabis Partners have mastered how to optimize whichever cultivation method is most feasible in their areas of operation in order to produce premium products.

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

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Completion of BayMedica Acquisition

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, has finalized the acquisition of BayMedica Inc., a private company based in the U.S. specializing in the manufacturing and commercialization of rare cannabinoids for the health and wellness sector. INM had announced the acquisition earlier. According to the announcement, the acquisition provides capabilities and resources to accelerate InMed’s commercial initiatives, including the development and unveiling of several new cannabinoids products in the consumer health and wellness sector. The combined technologies include synthetic biology, chemical synthesis and IntegraSyn(TM), a patented enzymatic biotransformation. The company noted that, with the acquisition, it will become a market leader in the manufacturing of rare cannabinoids. “We are delighted to close this acquisition and welcome everyone at BayMedica to the InMed team,” said InMed president and CEO Eric A. Adams in the press release. “In the next several weeks, we will focus on corporate integration, exploring our combined manufacturing know-how and looking to accelerate revenue growth. BayMedica brings significant expertise and will help strengthen our pharmaceutical drug development efforts as well as position the company to become a global leader in the manufacturing of rare cannabinoids.”

To view the full press releases, visit https://cnw.fm/aeE8b

About InMed Pharmaceuticals Inc.

InMed Pharmaceuticals is a global leader in the manufacturing and development of rare cannabinoids. Together with its subsidiary, BayMedica, the company has unparalleled cannabinoid manufacturing capabilities to serve a spectrum of consumer markets, including pharmaceutical and health and wellness. InMed is a clinical-stage company developing a pipeline of rare cannabinoid therapeutics and dedicated to delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs. For more information, please visit www.InMedPharma.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Agreement to Bring Averi’s Cannabis-Infused Concepts to Life

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has announced its entry into an agreement to manufacture and distribute white-label cannabis beverages for Averi Health Products. A new adult alternative beverage company founded by Terry Donnelly, creator and former CEO of the award-winning Hill Street Beverage Co., Averi will launch a portfolio of cannabis-infused beverages into the Canadian market. Under the agreement, Averi will leverage BevCanna’s extensive experience in producing beverages at scale as well as its sales license partnership for distribution to Canadian provincial buying groups. “Averi is a great example of this next generation of beverage creators that are coming to BevCanna to bring their cannabis-infused concepts to life,” said Melise Panetta, president of BevCanna. “Our white-label program gives these brands confidence that their beverages will be produced to the highest quality standards and widely distributed through our extensive Canadian network.”

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

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of alkaline, plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, Canada, BevCanna owns a pristine alkaline spring water aquifer and a world–class 40,000–square–foot, HACCP-certified manufacturing facility, with a bottling capacity of up to 210M bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with top U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

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

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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420 with CNW — Researcher Finds Alternative Use for CBD By-Product

Similar to the cannabis industry, the CBD industry is growing at a rapid rate, with forecasts showing that in less than a decade, the market will have a value in the billions.

CBD, or cannabidiol in full, is produced by extracting oils from hemp. It has different uses and is becoming popular as an alternative treatment to various health challenges. Researchers from Virginia Tech may have found a new use for these nonpsychoactive hemp oils: making plywood stronger.

College of Natural Resources and Environment undergraduate Emilie Kohler studied the possibility of using a by-product of the CBD extraction process as an agent in the production of materials such as structural composite lumber and plywood. Kohler found that pectin, which is a jelly-like substance that can be found in most plant cell walls, could be used as a modifier in adhesives for wood. The undergraduate, who is majoring in sustainable biomaterials science, conducted an analysis of pectin’s flow properties.

Currently, pectin is used in jams and jellies because of its tendency to form a gel that doesn’t flow easily. Director of the Wood-Based Composites Center at the institution, Professor Chip Frazier, stated that the hemp industry was providing new avenues for scientists looking for alternative biological materials.

Frazier, who supervised Kohler’s study, explained that presently the industry generated huge quantities of solvent-extracted hemp flower and, given that biomass is viewed as waste, it was a bit on the higher side to use it as a raw material. The study’s results are yet to be determined, but Kohler notes that pectin shows promise. She explained that pectin could be classified as low-methoxyl or high-methoxyl pectin.

Low-methoxyl pectin typically gels with calcium ions, which are commonly found in adhesives, while high-methoxyl pectin is used in jams and jellies because its sugar content enables it to gel.

Kohler is the institution’s Victor Clay Barringer Endowed Scholarship recipient. She explained that she discovered the field of biomaterials unintentionally, noting that she was excited to have contributed to research in an emerging area. She added that isolating pectin was a chance to gain a greater appreciation for the sustainable biomaterials field.

Frazier is Kohler’s mentor as well as the Thomas M. Brooks Professor of Sustainable Biomaterials at the institution. He notes that Kohler is qualified to take on this study.

Firms such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) making CBD products could soon have an avenue to use the wastes generated from CBD extraction processes.

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Study Shows Lung Injuries Linked to Tainted Vapes Were Low in Legalized Cannabis Markets

In late 2019, the United States was rocked by an outbreak of severe lung illness that took 68 lives and left an estimated3,000 individuals with ill health. Authorities soon found out that the cause of this lung disease breakout was illegal black market cannabis vaping products containing vitamin E acetate, a synthetic form of vitamin E that was used as a thickening agent. Dubbed e-cigarette and vaping-associated lung injury (“EVALI”), the outbreak led to the pull-out of several cannabis products with artificial thickening agents such as vitamin E acetate. In addition, regulators are thinking of banning the use of such additives in cannabis products.

Now, a new federally funded study looking at the relationship between the prevalence of EVALI and state cannabis policies has revealed that the outbreak was significantly less severe in states with legal cannabis markets. Published in the “Drug and Alcohol Dependence” journal, the study found that EVALI was less prevalent in states where adult-use cannabis was legal or where medical marijuana patients were allowed to grow their own cannabis. States with recreational cannabis markets had 42% fewer EVALI cases, the National Institute on Drug Abuse-funded study revealed, while those that had medical marijuana markets where home cultivation was allowed had 60% lower EVALI incidence compared to medical marijuana states that didn’t allow home cultivation.

The report concluded that while there was a relationship between recreational marijuana laws and reduced EVALI incidence, the incidence of lung disease in medical marijuana states depended on “their policy attributes.” The states that had the highest EVALI incidence had either banned cannabis use outright or had medical cannabis industries that didn’t allow for home cultivation.

Penned by Abigail Friedman, a professor at Yale School of Public Health, and Megan Morean, a psychiatry research student at the Yale School of Medicine, the report is further proof of what cannabis reform activists have been saying: a legal cannabis market where products are regulated and tested for safety is much better than outright prohibition.

Outlawing cannabis will not reduce the demand; it will rather provide an avenue for black-market players to step in and provide products that are neither regulated nor tested for safety. And as we saw from the EVALI outbreak, it is the public that pays the ultimate price when there are no legal, registered sellers. As the report states, public demand for illicit products will decrease if consumers can obtain the substance legally from reputable sellers.

This research provides further proof that sector player such as Hero Technologies Inc. (OTC: HENC) aren’t only in business for profit but also indirectly protect public health.

NOTE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company’s newsroom at https://cnw.fm/HENC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Simply Sonoma Focusing on Multibillion Inflammation, Sleep Aids, Gut/Probiotic Health Markets

Simply Sonoma is a different kind of natural company building a reputation as a leader in plant-based medicinal health and beauty products. The company, which believes in an all-natural, organically sun-grown, plant-based medicinals, also provides consumers with science-based education on cannabidiol (“CBD”) for disease and lifestyle needs. CBD, the second most prevalent of the active ingredients of cannabis, is gaining attention as a potentially effective therapy for many uses, including inflammation, an area that Simply Sanoma is heavily focused on. “According to Allied Market Research, the global pain management and inflammation market is expected to reach nearly $92 billion by 2027 and is one of three areas the company is working in; the other two are sleep aids, a $71-billion market, and the gut and probiotic health market, $54.77 billion in 2020,” reads a recent article. “The company is currently working on an array of new products, including a joint/pain cream, as well as a nonalcoholic beverage made from grapes grown in Sonoma County.”

To view the full article, visit https://cnw.fm/coW8N

About Simply Sonoma

Simply Sonoma strives to deliver plant-based, broad-spectrum CBD products for therapeutic applications from a scientific perspective. Its products are derived from a farm rather than from a lab, with the goal of achieving fewer side effects and more efficacy for patients. Simply Sonoma believes in published, science-based trials and research with regards to its CBD creations. The company’s plants are grown organically in Sonoma County’s wine country, where sustainable farming practices are employed throughout the growing process. Solar energy helps the company to operate with a minimal carbon footprint. Simply Sonoma’s dynamic team consists of seasoned professionals from a combination of industries. Their broad experience stems from the biotech industry, grape and hemp cultivation, IT operations and communications, as well as executive positions in the health care sector. This unique combination of experience places the team well in the CBD space to dominate with wellness and lifestyle products. Simply Sonoma is focused on being a leader in the industry for plant-based, organic medicinal health and beauty products and partnering with like-minded companies to produce top-notch products. For more information, visit the company’s website at www.SimplySonoma.org.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) on Course to Quadruple Distribution Footprint, Establish Cultivation Operations

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has signed a definitive agreement to obtain three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation (“DCR”), along with corresponding licenses from the California Bureau of Cannabis Control (“BCC”). Each of the licenses can be used for up to three of the five categories of licensed cannabis-related business activities allowed under the terms of these licenses: retail delivery, manufacturing, distribution, transport-only, and cultivation. “The company noted that by using each license for a combination of retail delivery of cannabis products with supply chain distribution of cannabis products and manufacturing/packaging of cannabis, it will possess the required licensing to open three new Nug Avenue locations; the company plans on opening the new operations in the Los Angeles metropolitan area,” reads a recent article. Sugarmade CEO Jimmy Chan is quoted as saying, “Once we have put all of these new licenses to use, we will have quadrupled our distribution footprint in the world’s largest cannabis market… We also continue to move toward establishing our own cultivation operations.”

To view the full article, visit https://cnw.fm/LCpOC

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush, Nug Avenue, Lemon Glow, and Budcars. For more information, please visit www.Sugarmade.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Expands Footprint, GMP Certifications to Three

Flora Growth (NASDAQ: FLGC) is currently seeking revenue-generating acquisitions and strategic partnerships that offer a larger distribution network, amplify revenue growth and complement its human capital. “In recent months, Flora has announced three major transactions — Vessel Brand, Koch & Gsell, and Hoshi International,” reads a recent article. The acquisition of Vessel Brand is expected to expand Flora’s premium brand and product portfolio while diversifying its global distribution channels. The acquisition of Koch & Gsell, which is expected to introduce Flora Growth’s products to the Swiss, European and Asian markets, promises to bring patented hemp cigarette manufacturing technology into new markets using Flora Growth’s quality cannabis. “The investment into Hoshi International opens a gateway for Flora Growth’s cannabis products through international distribution agreements in the EU and the UK. In a recent news release, Flora Growth announced that its Flora Lab division has received authorization from the Colombian National Food and Drug Surveillance Institute (FDA equivalent) to be a Good Manufacturing Practices (‘GMP’) certified manufacturer for cosmetic products. The company now has three GMP certifications — for cosmetics, phytotherapeutics and dietary supplements.”

To view the full article, visit https://cnw.fm/tybPK

About Flora Growth Corp.

Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. Visit www.FloraGrowth.ca or follow @floragrowthcorp on social for more information.

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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