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Flora Growth Announces Unaudited Financial Results for the Six Month Period Ended June 30, 2021

TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (“Flora” or the “Company”) (NASDAQ: FLGC), an all-outdoor grower and manufacturer of cannabis-derived products and brands, today announced its financial results for the six-month period ended June 30, 2021 (the “Interim Financials”). The Interim Financials, which have not been audited or reviewed by the company’s independent registered accounting firm, were filed with the Securities and Exchange Commission today on Form 6-K. The Interim Financials’ operational highlights are included below.

Six-month period ending June 30, 2021 Operational Highlights

About Flora Growth Corp.

Flora is a cannabis company that uses natural, cost-effective cultivation practices to supply cannabis derivatives to its various business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor growing facilities, Flora strives to bring a high quality premium product to market at market prices. By prioritizing natural ingredients and value chain sustainability in its portfolio, Flora creates high-quality products intended to help consumers recover and thrive.

Warning Regarding Forward-Looking Statements

This document contains forward-looking statements. In addition, we or our representatives may from time to time make forward-looking statements, whether oral or written. We base these forward-looking statements on our expectations and projections of future events, which we infer from information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in turnover and profit; our environmental and sustainability practices and our business prospects and opportunities; our letters of intent and potential strategic and financial acquisitions; our joint ventures and distribution channels for our products; our ability to successfully complete and integrate our acquisitions. You can identify forward-looking statements by statements that are not historical in nature, especially statements that use terminology such as “may”, “should”, “expect”, “anticipate”, “consider”, “estimate”, “believe, ” “plans”, “projected”, “predicts”, “potential” or “hope” or the negative of these or similar terms. When evaluating these forward-looking statements, you should consider several factors, including: our ability to direction of the business, our ability to keep up with new technology and changing market needs, and the competitive environment of our business.These and other factors could cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are Forward-looking events discussed in this document and other statements made from time to time by us or our representatives are made may not occur, and actual events and results could differ materially and are subject to risks, uncertainties and assumptions about us. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, or the forward-looking events discussed in this document and other statements made from time to time by us or our representatives. except as required by applicable law.

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