In a bold move that goes against the grain of typical cannabis operations, Flora Growth has gone public on the Nasdaq with their new approach to cannabis business. While the company’s headquarters are in Toronto, Canada, the operation itself is taking place in Colombia in an outdoor growing facility.
How Flora Leverages its South American Status to Compete in the Global Arena
Most cannabis corporations who list stocks in the US operate indoor grow facilities, mostly in nearby Canadian properties. The decision for Flora Growth to set up this particular operation was made with one intent in mind: to save cash.
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