SHARE PURCHASE AGREEMENT BETWEEN LIFEIST WELLNESS INC. - and - FLORA GROWTH CORP. SEPTEMBER 17, 2023Share Purchase Agreement • September 18th, 2023 • Flora Growth Corp. • Pharmaceutical preparations • Ontario
Flora Growth Corp. to Acquire Australian Vaporizers; Expects Immediate Profit ContributionAcquisition Agreement • September 18th, 2023 • Flora Growth Corp. • Pharmaceutical preparations
FORT LAUDERDALE, FLORIDA - September 18, 2023 - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a global consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution, has entered into a definitive agreement (the "Agreement") to acquire Australian Vaporizers Pty Limited ("Australian Vaporizers") to acquire all of the issued and outstanding shares of Australian Vaporizers in exchange for 600,676 Flora common shares, valued at $1.7 million based on the closing price of Flora's common shares on September 15, 2023, subject to working capital adjustments. The transaction is expected to close in the fourth quarter of 2023.
