FLGC) Breaking away from the M & A gate in 2022, Canadian Business Journal

New York, March 4, 2022 (GLOBE NEWSWIRE) — NetworkNewsAudio — Flora Growth Corp. (NASDAQ: FLGC) Announced the availability of a broadcast titled “2022 Primed after a Record M & A Transaction in 2021”.

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The record $ 5.9 trillion M & A activity in 2021 may reflect a stagnation in demand due to the slowdown in activity over the last three years, with 2021 before the $ 4.5 trillion set in 2015. Easily exceeded the record of. According to Deals 2022 Outlook from pricewaterhouseCoopers, a professional services company, there will be more “mega deals” (more than $ 5 billion transactions) in 2021 than ever before, with more than 800 transactions between $ 500 million and $ 5 billion. There is a normal year of 400 to 500 ….

Not only did Flora Growth Corp. create its own playbook on M & A, but it soon opened its doors in 2022, strengthened its fundamentals, hired new key team members, and completed another acquisition. increase. Flora Growth’s product portfolio spans a variety of industries and sources of revenue, including Tonino Lamborghini, Vessel Brand Inc., Stardog Loungewear, Mambe and Mind Naturals skincare, which currently serve more than 500,000 customers. All goods are carefully crafted and end-consumers.

About Flora Growth Corp

Flora is building a connected design-driven collection of plant-based wellness and lifestyle brands, providing the world’s most compelling customer experience in one community at a time. Flora, which operates one of the largest outdoor cannabis cultivation facilities, leverages natural and cost-effective cultivation methods to supply cannabis derivatives to a variety of cosmetics, hemp textile, food and beverage business units. ..

For more information about this company, please visit: Or follow @floragrowthcorp on social.

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FLGC) Breaking away from the M & A gate in 2022, Canadian Business Journal

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