Until a couple of years ago, the cultivation and sale of hemp were outlawed in the United States. Thanks to the 2018 Farm Bill, however, farmers can now grow hemp once their states or tribes opt into the hemp program and draft rules for the hemp market.

Hemp and marijuana are from the same family of plants with the caveat that hemp does not intoxicate users because it has limited amounts of THC, the chemical compound responsible for marijuana’s psychoactive effects. Despite this, hemp has enjoyed continued demand since commercial cultivation thanks to its wide variety of applications. Hemp has an almost unlimited range of uses, including rope, textiles, shoes, food, paper, and bioplastics, but I bet you’ve never heard of hemp diapers.

Hemp is known to make a durable fiber that can be spun into diapers that are vastly superior to what you would find on the market. Reusable diapers are extremely uncommon these days with more than 90% of American families using disposable diapers. With more than 4 million babies born in the U.S. every year, and families using up to 28 billion disposable diapers each year, the environmental impact of disposable diapers is catastrophic, especially since the diapers take roughly 100 years to fully break down; they also leach harmful chemicals into the ground. On the other hand, hemp diapers are wholly organic, can be reused, and are biodegradable, unlike the disposable varieties.

If Americans were to turn to reusable hemp diapers, the amount of waste material generated by the average American family, especially ones with newborn babies, would be significantly reduced. And since hemp diapers are extremely durable, they are stronger than traditional diapers and can last much longer. Once such a diaper is used, it can be easily cleaned without the need for expensive detergents, softener or bleach.

As such, hemp diapers are a completely organic, carbon-neutral alternative to traditional diapers. Diapers made from hemp also have antibacterial properties that make them resistant to a wide range of pathogenic bacteria. This makes them ideal for babies because they prevent the growth or spread of harmful bacteria from the waste material within the diapers.

Additionally, hemp diapers are more breathable compared to traditional disposable diapers, making them great for both the health of a baby’s skin as well as their comfort. Nonbreathable options often lead to diaper dermatitis and do not allow odors to escape, meaning a child may remain in a soiled diaper for some time before parents notice that a change is needed. The diapers are also water absorbent and are mold resistant, and have antimicrobial properties.

Hemp diapers are far superior to traditional options in many ways: they are more comfortable, resist the growth of bacteria and mold, and are easy on the environment. Only time will tell whether they will outpace disposable diapers that have now become the norm in America.

As hemp diapers make their way into the mainstream, hemp fabrics manufactured by companies such as Flora Growth Corp. (NASDAQ: FLGC) are widely available and offer a great way to appreciate the superiority of hemp clothing.

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

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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Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, and its Flora Lab division is launching Munzhi, a new cannabis wellness brand. The mass market brand will initially include 12 products, all certified by INVIMA, the Colombian branch of government that is equivalent to the United Stated Food and Drug Administration. The products will be distributed by five Colombian distributors, including Herson, Mintlab, Unidrogas, Roma and Axa, and will be available in an estimated 800 distribution points. Flora Lab is FLGC’s manufacturing and R&D division; Flora Lab is focused on development of pharmaceuticals, cosmetics and nutraceuticals. According to the announcement, the wellness market in Colombia has reached a $2.3 billion value, and Munzhi will be operating in this space. Initial Munzhi products will include facial serum, shampoo, conditioner, shower gel, body ointment, moisturizing lotion and more .“Through market studies, consumers have indicated they want the wellness benefits of cannabis but at an affordable price,” said Flora Growth president and CEO Luis Merchan in the press release. “Munzhi helps fill that need as well as an important gap in our product portfolio. The inaugural collection for Munzhi includes 12 products across four categories: wellness, hair, body and face. The collection combines the benefits of cannabidiol as an active ingredient, with other plant-based ingredients such as lavender oil and chamomile coconut amongst others.”

To view the full press release, visit https://cnw.fm/IFVw1

About Flora Growth Corp.

Flora Growth 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. 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

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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Recently, Eric Holder spoke on a drug policy panel stating that the United States was on the path to decriminalizing cannabis federally as more states advance reform measures. Holder, the former U.S. attorney general who served under the President Barak Obama administration, stated that he was encouraged that the country was moving toward more tolerant laws on drugs that saw addiction as a public health issue.

Holder explained that the drug war had cost lots of taxpayer dollars and shattered livelihoods, noting that the society had begun to move in a different direction. Holder added that he was conflicted by efforts to decriminalize other illicit substances, including cocaine and heroin. The former attorney general revealed that he had a difficult time thinking about the decriminalization of these substances, which one could see had had a negative effect on individuals as well as the society at large. He also argued that the penalties for drug-related offenses could be lower, noting that judges should exercise more discretion when dealing with drug cases on a case-by-case basis, adding that mandatory minimum sentences for these offenses should be abolished.

The former attorney general has received credit from advocates for calling for deprioritizing the enforcement of cannabis federally. In 2013, the Justice Department issued the Cole memo, whichi discouraged federal prosecutors from going after individuals who were in compliance with state-legal marijuana laws.

However, activists also call attention to the fact that while Holder suggested that cannabis be federally rescheduled after he left office, he didn’t begin the process to enact the change in policy while he was still in office.

The panel, which was hosted by the Moritz College of Law at the Ohio State University, also centered on racial inequities in drug enforcement. The conversation was moderated by Douglas Berman from the institution. Other members of the panel included U.S. District Chief Judge Algenon Marbley, Ohio Supreme Court Chief Justice Maureen O’Connor and activist Piper Kerman. All the members of the panel agreed that the disparities illuminated the need for reform.

Marbley also stated that the federal government needed to align themselves with the states in regard to cannabis laws. He explained that most states in the country permitted the use of medical cannabis and those that were yet to allow for recreational cannabis use were headed in that direction, which meant that it was time for the federal government to get on board.

The decriminalization of cannabis at a federal level will go a long way toward making it easier for the industry and players such as Flora Growth Corp. (NASDAQ: FLGC) to reach their fullest potential of meeting the needs of the people in the different markets within which they operate.

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

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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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

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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Three years ago, the Supreme Court in Mexico ruled that the country’s ban on cannabis consumption was unconstitutional, ending decades of cannabis prohibition and requiring that lawmakers reform cannabis laws. Mexico’s Congress was granted a deadline to repeal prohibitionist cannabis policies, now considered unconstitutional, but policymakers failed to do so within the allotted time. Both chambers of Congress spent months discussing and working on a legalization bill, repeatedly asking the court to extend the deadline.

Last year, the Senate passed a bill and sent it to the Chamber of Deputies, which made revisions and sent it back. However, after a few Senate committees took up and cleared the amended measure, some leaders stated that the amendments made the legislation unworkable. This June, three years after the Supreme Court first declared that cannabis prohibition in the country was illegal, the Senate voted to put an end to prohibition on its own after lawmakers failed to act in time. However, since all the top court did was decriminalize cannabis, the country still did not have regulations for legally sanctioned sales.

Now a top Mexican senator has indicated that lawmakers may finally pass a cannabis legalization bill during the new session. During a press conference, Senate Majority Leader Ricardo Monreal Avila said that lawmakers plan on filling this gap, which is the lack of regulations, during this session. They have a chance to deliberate upon and approve the “long-overdue law,” he says, ending a century of cannabis prohibition and criminalization. The legislation would in turn open the country to a nationwide and international multimillion dollar market and help to reactivate Mexico’s economy.

The cannabis legislation passed by the Senate may need further revisions before it is ready for passing during this session, Avila noted, including modifications to tax collection frameworks. Both chambers need to strive to create a bill that guarantees the freedoms and rights of all people involved, eradicate discriminatory treatment, in addition to “solve possible ambiguities,” says Monreal. Back in April, he urged lawmakers not to allow commercial interests, especially the tobacco and pharmaceutical industries, to pressure them to prematurely pass a bill, stating that it was important they take their time to formulate an equitable and socially conscious bill.

But Senator Eduardo Ramirez Aguilar from Morena said at the time that lawmakers should pass the bill as it was presented to them and work on fine-tuning it later through additional revisions. As it is, the cannabis legalization proposal allows adults who are at least 18 years old to purchase as well as possess a maximum of 28 grams of cannabis as well as grow up to six plants for their personal use.

For internationally focused cannabis companies such as Flora Growth Corp. (NASDAQ: FLGC), the developments in nearby Mexico could be of great interest since they have the potential to impact the dynamics of the international marijuana industry.

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

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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Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced its entry into an agreement to begin scientific clinical trials globally. According to the update, the focus of this study will be on the use of cannabinoids in patients suffering from fibromyalgia or chronic pain, with primary research sites located in the United States and the United Kingdom. By running phase trials in parallel (in vitro, in vivo, pilot in human, safety/efficacy, etc.), Flora Pharma expects to fast track traditional FDA and NHS timelines. “A paradigm shift is upon us where health care practitioners, researchers, patients and adult-use consumers are starting to understand, accept and embrace the therapeutic potential offered by phytocannabinoid-based medicine. As such, there is an urgent need for more research to better understand the molecular and biochemical effects of cannabis at the cellular level, to begin to apply its implications as a pharmaceutical drug,” said Dr. Annabelle Manalo-Morgan, director and lead scientific advisor of Flora Growth. “I’m extremely pleased that our team recognizes the importance and necessity of this research, not only to create and bring to market novel pharmaceutical cannabis products for patients around the world that are more efficacious and have a superior safety profile compared to traditional and incumbent pharmaceutical treatment options, but to also enhance long-term shareholder value. While this may seem like an ambitious and costly endeavor, we will be able to leverage our seed-to-sale platform to supply products for research and commercialization at incredibly favorable and competitive price points, while partnering with established organizations and institutions where additional funding subsidies are available.”

To view the full press release, visit https://cnw.fm/S1Vvl

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

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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A study published earlier this week found that cannabis abuse hasn’t risen in states that have enacted laws to legalize recreational cannabis. The study assessed the impact of recreational cannabis laws on the use of cannabis across ethnic and racial groups, tracking trends in usage between 2008 and 2020. For the study, the researchers analyzed data collected from more than 80,000 individuals.

Researchers discovered that less than 2% of individuals living in states that have enacted enabling laws for the recreational use of cannabis have been given a cannabis use disorder diagnosis. This is in contrast to the number of people living in states that are yet to legalize the plant that have a cannabis use disorder diagnosis.

The researchers also found that legalization laws did have an effect on cannabis use among people from different ethnic and racial groups, with their findings showing that Hispanics were 30-plus% more likely to indicate past-year use of cannabis following legalization. Likewise, Caucasians living in states that have legalized the recreational use of cannabis were roughly 20% more likely to report past-year use. This is in comparison with their likelihood of doing so when the use of cannabis hadn’t been legalized. However, the researchers saw little to no change in the behaviors of Blacks after laws allowing for recreational cannabis use were enacted.

The study also found that the daily use of cannabis across all age, ethnic and racial groups didn’t significantly increase even after cannabis was legalized for recreational use. This proposes that there wasn’t an increase in cannabis use disorder in these states.

The director of the Substance Use Epidemiology Unit at the Mailman School of Public Health, Columbia University, Silvia S. Martins stated that the use of marijuana only rose in specific demographic subgroups in the initial few years after adult-use marijuana was legalized for recreational use. Martins, who is the co-author of the study, explained that the group observed no increase in marijuana use disorder and in the frequency of marijuana use. In addition to this, the researchers observed no increases in the use of cannabis among teens aged between 12 and 20.

Thus far, 18 states have legalized marijuana for recreational use. The states of Washington and Colorado were the first to legalize the recreational use of cannabis in 2012.

Before marijuana was legalized in various states in the country, people of color were four times as likely to face criminal charges for use and possession of cannabis, in comparison with white people.

Opponents of marijuana legalization have often said ending prohibition would trigger a spike in cannabis use disorder cases, so industry players such as Flora Growth Corp. (NASDAQ: FLGC) may be glad that such misconceptions are being debunked.

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

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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As the popularity of cannabis grows, so does that of the hemp plant. Hemp is a variety of the cannabis sativa plant, which has various industrial applications, including as a construction material. Hemp is a highly sustainable crop that can nourish the soil without the need of pesticides. The plant’s stalk has low levels of THC and is fibrous. Its fabric, which is not only durable, long lasting and efficient, is soft and comfortable on the skin.

You can find bedding items such as blankets, duvets and bedsheets, as well as tablecloths and clothes, including skirts, pants, jackets and dresses made from hemp. Below are some benefits of hemp fabric.

Softens with time

As mentioned above, clothes made from hemp are comfortable to wear and, with every wash, they get softer. The clothes also don’t get distorted after multiple washes and uses.

Features antimicrobial properties

Unlike other fabrics such as polyester and cotton, hemp fabric fights against bacteria such as those that cause body odor. Hemp fabric is also resistant to mildew and mold.

Wears well

In addition to being easy on the skin, the fabric is breathable and easily absorbs sweat. Hemp fabric is also resistant to fading and is easy to dye.

Good for soil health

Hemp can be grown in almost any soil and it helps restore some of the important nutrients that may have been lost in that soil. Hemp cultivators can plant hemp as part of crop rotation as well as grow multiple cycles of the plant on the same parcel of land. The plant is also pest resistant, and it doesn’t require fertilizers because its leaves provide enough to the soil when they shed. In addition, hemp is biodegradable

Doesn’t require large amounts of water

Hemp can thrive even without a lot of water, unlike other plants such as cotton, which need lots hydration. The infrequent use of chemicals for hemp cultivation also helps avoid soil erosion, which in turn spares water bodies from pollution.

Good for the environment

Almost every industry globally has a carbon footprint, including the fashion industry, which is a huge contributor to environmental and global-warming issues. Adopting hemp clothing to replace fast fashion will help absorb more carbon dioxide from the atmosphere as well as combat other climate issues.

As seen above, hemp is the crop that can almost do it all. Given its applications not only in the fashion industry but other industries as well, it makes sense to use hemp, both for a better environment and a better world.

The increasing awareness of the ecobenefits of hemp clothing has resulted in the hemp clothing made by companies such as Flora Growth Corp. (NASDAQ: FLGC) to skyrocket in popularity among consumers who are concerned about the carbon footprint of the fabrics they wear.

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

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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Flora Growth Corp. (NASDAQ: FLGC) recently closed a €2 million investment in Hoshi International Inc., a fully integrated cannabis company, and uniquely positioned to become the leading provider of cannabis and derivative products for the budding European market. With the investment, Flora is set to capitalize on Hoshi’s strong European presence as well as leverage its technical know-how and understanding of its European market to not only expand its reach but also obtain its European Union Good Manufacturing Practices (“EU-GMP”) certification. A recent article reads, “Flora hopes to capitalize on Hoshi’s understanding of and presence within the European market to capitalize on its strategic growth plans. Closing this investment is a step in the right direction and a first in Flora’s overall expansion plan to venture into the European market for its cannabis products.”

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

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

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a non-binding letter of intent (“LOI”) with Robust Farms Inc., a Panamanian importer and distributor, to supply its premium cannabidiol (“CBD”) derivative products from its Kasa Wholefoods division. In addition, Robust will be applying for its import license of cannabis products, which, upon receipt of this updated licensing, Flora expects to ship its medical-grade cannabis products. Panama’s National Legislative Assembly recently passed Bill 153 to legalize the use of medical cannabis and its therapeutic properties, and Panama is expected to become the first country in Central America to regulate the use of medical cannabis. “It’s important to recognize the continued trend of medical and adult-use cannabis legalization sweeping across the globe as governments increasingly recognize its therapeutic properties and want to control, regulate and tax these products to foster economic prosperity, as well as bring significant reform in civil rights and criminal justice,” said Luis Merchan, president and CEO of Flora Growth. “We applaud the efforts of Panamanian legislators and advocacy groups to push forward this initiative that will ultimately help provide options for patients who are looking to improve their quality of life by utilizing emerging cannabinoid therapeutic treatments and look forward to working with local partners to provide our medical-grade cannabis products to the citizens of Panama.” To view the full press release, visit https://cnw.fm/Lzqz3 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 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. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer Do you have questions or are you interested in working with CNW? Ask our Editor CannabisNewsWire (CNW) Denver, Colorado www.CannabisNewsWire.com 303.498.7722 Office Editor@CannabisNewsWire.com CannabisNewsWire is part of the InvestorBrandNetwork.