Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has reported its interim financial results for the period ended June 30, 2021. The report noted that the company saw $2.1 million revenue during that period, along with operating expenses of $7.2 million and net losses of $5.3 million. The company has a cash balance at the end of the period of $18.8 million. According to the company, these financial results, which have been filed with the Securities and Exchange Commission, are unaudited and have not been reviewed by FLGC’s independent registered accounting firm.
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About Flora Growth Corp.
Flora Growth is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. For more information about the company, please visit www.FloraGrowth.ca.
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