September 25, 2024 9:20AM EDT | Source: Flora Growth Corp.
Fort Lauderdale, Florida–(Newsfile Corp. – September 25, 2024) – Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) (“Flora” or the “Company”) is pleased to announce its participation in the U.S. Hemp Roundtable's recent advocacy conference in Washington, D.C. Designed to advance legislation to support the hemp industry, the conference featured important discussions with members of Congress and health and agriculture staff from multiple congressional offices.
Representing Flora, Chairman and CEO Clifford Stark attended the conference to join other industry leaders in advocating for clearer federal regulation, improved market access and greater protections for cannabis-derived products. Flora's participation underscores the company's commitment to be at the forefront of the legislative and regulatory process that will shape the U.S. cannabis industry.
The meeting focused on a variety of important topics, including the need for clearer federal oversight of hemp-derived cannabinoids and securing the future of the U.S. cannabis industry as agricultural and health-related policies evolve.
Stark expressed optimism about the outcome of the conference, saying, “As a leading industry player, Flora is proud to have been a part of the U.S. Hemp Roundtable's important advocacy work. We were provided a valuable platform to address the critical issues facing our industry today. We will advance smart, effective regulation that protects consumers, ensures product safety, and enables long-term growth across our industry.”
“Our industry is working tirelessly to bring smart, science-based cannabis regulation to the forefront of the agenda in Washington,” said Jonathan Miller, general counsel for the U.S. Hemp Roundtable. “Through collaborative outreach and education, we're helping policymakers understand the vast potential of cannabis and CBD products and advance a regulatory framework that prioritizes safety, consumer trust, and innovation. Our goal is to create a clear, fair path forward that supports the growth of the cannabis industry and benefits farmers, businesses, and consumers alike.”
Stark is chairman of the U.S. Hemp Roundtable, a coalition of leading companies and organizations dedicated to ensuring the long-term viability of the U.S. hemp industry.
About Flora Growth Corp.
Flora Growth Corp.'s mission is to become a leading NASDAQ small-cap international cannabis company. FLGC is a leader in cannabis-focused consumer packaged goods and pharmaceutical distributors, serving all 50 states and 28 countries with more than 20,000 points of sale worldwide. To learn more about Flora, visit www.floragrowth.com.
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Caution Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined under the U.S. federal securities laws. Forward-looking statements reflect Flora's expectations and projections of future events as of the date hereof and involve uncertainties and risks. Words such as “believe,” “expect,” “anticipate,” “will,” “may,” “will,” “should,” “may,” “plan,” “estimate,” “intend,” “predict,” “potential,” “continue,” and the negative of these words and other similar expressions generally identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties, including those described in the “Risk Factors” section of Flora's Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 28, 2024, as such factors may be updated from time to time in Flora's periodic filings with the SEC, which can be accessed on the SEC's website at www.sec.gov/edgar. Accordingly, there are or will be important factors that could cause actual results or outcomes to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements included in this release and Flora's filings with the SEC. Forward-looking statements reflect Flora's good faith beliefs, but are not guarantees of future performance. Flora undertakes no obligation to publicly update or revise any forward-looking statements to reflect any changes in underlying assumptions or factors, new information, data, methodologies, future events, or other changes that occur after the date of this press release, except as required by applicable law. You should not place undue reliance on forward-looking statements, which are based on information currently available to Flora (or any third party making the forward-looking statements).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224320
Source: Flora Growth Corp.
