Brief: Flora Growth Acquires No Cap Hemp Co., Bolstering Product Offering And Revenue Streams

ZeroStack

07/09/2022 12:32

Sept 7 (Reuters) - Flora Growth Corp  FLGC.O :
    * FLORA GROWTH ACQUIRES NO CAP HEMP CO., BOLSTERING PRODUCT
OFFERING AND REVENUE STREAMS
    * FLORA GROWTH CORP - DEAL OFFERS FLORA AN IMMEDIATE REVENUE
STREAM
    * FLORA GROWTH CORP - ACQUIRED NO CAP ASSETS WITHOUT PAYING
ANY
CONSIDERATION AT CLOSING
    * FLORA GROWTH CORP - WILL PAY TO SELLERS 10% OF GROSS
REVENUE
RECEIVED FROM SALE OF NO CAP PRODUCTS UP TO A MAXIMUM OF $2
MILLION

Source text for Eikon:  ID:nBw81gdCca 
Further company coverage:  FLGC.O 

 (Reporting by Pratik Jain)
 ((Pratik.Jain@thomsonreuters.com;))