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Benzinga
Benzinga
Business
Nina Zdinjak

Flora Growth Stock Slightly Up On Partnership With Artos To Send High THC Flower To Israel

Flora Growth Israel FLGC Flora Growth Corp.

Flora Growth Corp. (NASDAQ:FLGC) has signed an agreement with Artos Ltd. to sell approximately 3,600 kg of dried high-THC cannabis flower to Israel from its Cosechemos cultivation facility.

Through this agreement, Flora Growth seeks to establish a partnership with the Artos team to expand their offering of cannabis products for the Israeli market to also include oils and, when regulations permit, finished THC and CBD consumer products. The export of the high-THC product is pending the dried-flower checklist from the Colombian government from the 2021 update to the cannabis law.

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