October 19, 2021 12:45:42
- Cannabis flower and derivatives producer Flora Growth Corp. is an established brand builder with a seed-to-supply pipeline of cannabis CPG products from Colombia to North America to Europe and many other destinations around the world
- Flora Growth’s commitment to its premium and mindful consumer packaged goods brand and product portfolio is now being enhanced with the company’s announcement it has opened a pharmaceutical division
- Flora Pharma will concentrate on identifying opportunities for novel treatments in specific medical conditions, using a cost-effective process for establishing drug product safety and efficacy, honoring FDA and NHS regulatory standards
Internationally focused cannabis cultivator and brand builder
Flora Growth (NASDAQ: FLGC) has been establishing strategic partnerships, commercial relationships, and infrastructure as part of the company’s growing distribution channels and markets for its premium cannabis consumer packaged goods (“CPG”) products, and on Oct. 6 announced the next stage in its development with the creation of Flora Pharma and the execution of an agreement to begin scientific clinical trials globally.
Flora Pharma will spearhead Flora Growth’s efforts to run clinical trials and develop therapies for specific disease states and conditions by identifying opportunities within the cannabis industry where “scientific gaps” have yet to respond to those conditions. In tandem with a team of artificial intelligence and machine learning experts, the group will develop a…
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