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Why Shares of Flora Expansion Are Soaring These days

Flora Growth (NASDAQ: FLGC) surged as higher as $7.95 in afternoon trading Wednesday, a rise of additional than 50% to the best stage the stock has touched considering that its initial public providing in May. Colombia-dependent Flora, which just announced plans to go its corporate headquarters to Miami from Canada, cultivates hashish and procedures it into medicinal-quality cannabis oil and other products, which it materials to pharmacies, cosmetics providers, and clinical clinics. The cream, now bought in Canada, will now also be offered by Flora’s distribution channels in Latin America.

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