Flora Growth to acquire Franchise Global in a $42M transaction

Mugglehead
By Rowan DunneOct 24, 2022, 6:44 pm123 pts
Flora Growth Corp. (NASDAQ: FLGC) has signed a definitive agreement to acquire 100 per cent of Franchise Global Health (TSXV: FGH) in a transaction expected to help connect Flora’s Colombia-grown pot with the German medical cannabis market. More specifically, the deal will enable Flora to distribute…

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