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NetworkNewsAudio – Flora Growth Corp. (NASDAQ: FLGC) Makes Mark in ‘Whirlwind’ of M&A Activity

Company: Flora Growth Corp. (FLGC)
Category: News

Related Editorial
Last year was a monumental year for merger and acquisition activity. Records worldwide weren’t just broken, they were smashed by M&A activity reaching a stunning $5.9 trillion, up 64% from 2020 while representing the highest volume since 1980. More than 63,000 M&A transactions were completed as companies found new avenues to growth against the backdrop of a lingering COVID-19 pandemic, rising inflation and disrupted supply chains. The sharpest increase in deal flow came from the United States. which experienced an 82% surge. Companies from all different sectors and industries joined forces to position for continued future success, including diversified CPG wellness company Flora Growth Corp. (NASDAQ: FLGC) (Profile), which recently made a significant acquisition to fuel expansion into the U.S. market. Constant consolidation is rampant involving a wide variety of well-known names, including Microsoft (NASDAQ: MSFT), Activision Blizzard (NASDAQ: ATVI), NVIDIA (NASDAQ: NVDA) and Pfizer Inc. (NYSE: PFE).

To view the full editorial, visit https://nnw.fm/dNQtC

About Flora Growth Corp.

Flora is building a design-led collective of plant-based wellness and lifestyle brands that delivers the most compelling customer experiences in the world, one community at a time. As the operator of one of the largest outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. For more information about the company, please visit www.FloraGrowth.ca.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://nnw.fm/FLGC

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