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Vuk Zdinjak

Flora Growth To Repurchase Up To $5M Worth Of Shares

Flora Growth Flora Flora Growth Corp Nasdaq Luis Merchan

Flora Growth Corp.’s (NASDAQ:FLGC) board of directors has authorized the repurchase of up to $5 million of its outstanding common shares as market conditions and the company’s liquidity warrant.

“We believe that the potential to repurchase our shares at these levels represents a compelling opportunity to deploy available cash to drive shareholder value,” stated Luis Merchan, Flora’s chairman and CEO.

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