A Look 👀 into Flora Growth $FLGC
Full Disclosure: I hold shares in Flora Growth $FLGC and believe this company is a hidden gem 💎 poised for expotential growth in the future. Just my opinion, not financial advice. I am not a financial advisor. All opinions are my own. Please do your own due diligence before making any investments.
Renewed optimism regarding US legalization of recreational use of Cannabis have made cannabis stocks pop on Friday. Think $HITI $CLVR $TLRY $SNDL $CGC Lawmakers plan to vote on the MORE Act within the House of Representatives this week. Yes we've been here before. An earlier version of the bill was passed in Dec 2020 but then fluttered out when it hit the Senate. Now, it's back. There are estimates that the legal cannabis market in America will hit $25 billion by 2025.
Personally, after this pandemic, I am ready for the roaring 20's that my grandparents enjoyed back in their day when the prohibition of alcohol was lifted. Only in our generation, it is cannabis.
Now, why am I so into $FLGC Flora Growth? The reasons go on and on!
It is a vertically integrated cannabis company focused on becoming the largest producer of low-cost naturally grown medicinal-grade #cannabis, cannabis oils, CBD-infused foods and beverages, and pharmaceutical grade medical and cosmetic grade derivatives from the cannabis plant🌿. Organic ingredients and value-chain sustainability across its portfolio to create products that help consumers restore and thrive.
Flora IPO was launched in May 2021. $FLGC
They grow cannabis 🌱 in one of the most biodiverse regions on our planet 🌎 - Bucaramanga, Colombia. They grow outdoors. On 100 Hectares (247.105 acres).
With steady 3 mph wind💨, 12 hour days, and a natural water source💧, ideal growing location for high-CBD and high-THC flower. My fellow gardeners🌿 on Public can tell you - to leverage the natural resources in this bio-diverse location...a gardeners dream 💚.
Their team includes expert scientists, biologists, and formulators.
They are committed to applied research 🔬 initiatives in all areas , including medical cannabis in order to become a leader in the discovery, development, manufacturing, and commercialization of novel, phytocannabinoid based OTC and prescription medicines and nutraceutical products to address a broad range of wellness concerns.
Their crops are used for wholesale ordering and extraction. They can craft products to customer needs.
But Flora didn't just tackle the medical cannabis sector. They have entered numerous markets, spanning 5 countries and growing daily.
Brands Under Flora Include:
🔹Tonino Lamborghini CBD Coffee! Coming very soon (early 2022) I ♥️ Coffee. I am invested in Starbucks $SBUX and Black Rifle Coffee Company $BRCC I should have invested in Dutch Bros $BROS and will be keeping an eye on a good entry point with them since I missed the boat on their IPO launch. #Coffee and #Lambos - I'm liking this combo!
🔹Stardog Loungewear https://stardogloungewear.com/
Made from 100% hemp, this clothing is really great! Shoes, pants, tops, robes, tanks, joggers, hoodies. Very cool style, comfortable clothes. And it's loved around the Globe. Seen in GQ, Playboy $PLBY , CNN, and Forbes. I plan on ordering the sneakers lol...did I mention I'm in ♥️ with comfy fashion?
🔹Vessel. Consumer technology and accessories sector. https://www.vesselbrand.com/
The craftmanship in their offerings is amazing. Attention to detail, personal, simple designs that are unforgettable.
They also show Gratitude towards military members, #veterans and their families. Vessel offers an always 20% military discount off the entire purchase for active duty, retirees, veterans, military spouses, military family members.
🔹Mind Naturals is Flora Growth's skincare line. https://www.mindskincare.com/
They believe in nurturing the mind 🧠 and body.
Cleansers, moisturizers, serums, eye cream, masks, mists, and gifts.
🔹Mambe - the food and beverage sector https://mambe.co/
Using natural and sustainable methods from responsibly sourced exotic Amazonian fruits. The brand supports agro-industrial projects and positively influences remote communities of Colombia.
If you read through the press releases at www.floragrowth.com you will see so much happening with this cannabis business.
➡️They have partnered with Walmart.com $WMT for product distribution in Mexico, they are shipping high quality THC flower to Israel, doing export now to Spain.
2 analysts (MKM Partners and Roth Capital PA) have initiated coverage on the stock and both have rated it a strong buy. The low, average, and high price target? $11.50. Currently trading at $2.30.
2022 is the year that Flora is set to go from Loss to Profit ✅. The company has managed its capital judiciously, with debt making up 0.4% of equity. This means it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing.
Now, if the US lifts prohibition and makes cannabis use recreational in the United States, can you imagine the growth this company could go through? I can. It's even in the name 😜
#cannabis #coffee #clothing #hemp #medical #medicaladvances
#bigdippers #possibilities #growth #beauty