On September 24, 2024, Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) announced an exclusive distribution agreement with Canapuff for its Vessel brand in the Czech Republic. This partnership marks Flora’s expansion into the European market, specifically targeting the Czech Republic as a progressive market in Central Europe.
Canapuff will be responsible for distributing the full range of Vessel products, which includes the Core and Compass series of vaporizers, the Helix water pipe, and the Rise accessory line. These products are recognized for their quality craftsmanship, innovative design, and functionality, offering consumers an enhanced experience. The aim of this partnership is to establish Vessel as the leading brand for cannabis accessories in the Czech Republic, catering to the growing demand for high-quality and stylish hardware.
Clifford Starke, Chairman, and CEO of Flora Growth Corp., expressed his enthusiasm for the agreement, emphasizing that partnering with Canapuff strategically supports the company’s expansion efforts in Europe. This collaboration not only introduces Vessel products to a new market but also enhances Flora’s market position in the European cannabis industry.
David Bukovjan, CEO of Canapuff, shared the excitement about becoming the exclusive distributor of Vessel in the Czech Republic. Canapuff’s goal is to provide customers with access to top-tier cannabis accessories, and the partnership with Vessel aligns perfectly with this mission. Both companies are committed to setting a new standard for customer experience in the Czech Republic.
By entering into this exclusive agreement, Flora Growth Corp. and Canapuff are poised to revolutionize the cannabis accessory market in the Czech Republic, offering customers design-focused products that elevate their overall experience.
About Canapuff: Canapuff is a leading provider of cannabinoid consumer products in the Czech Republic, known for its high-quality offerings. The company provides a range of CBD, hemp, and other cannabinoid products through its online platform, catering to a growing base of recreational consumers.
About Vessel Brand: Vessel is a prominent player in cannabis consumer technology, dedicated to innovation and setting industry standards in design. The brand focuses on delivering expressive, personal experiences and high performance for its customers and partners.
About Flora Growth Corp.: Flora Growth Corp. aims to become a leading international cannabis company listed on NASDAQ. The company is a cannabis-focused consumer packaged goods leader and pharmaceutical distributor, serving multiple countries with a vast distribution network.
For more information on Flora Growth Corp., please visit the company’s website.
Investor Relations can be contacted at ir@floragrowth.com, and media inquiries can be directed to media@floragrowth.com.
This press release contains forward-looking statements that involve uncertainties and risks. Factors such as market demand, expansion efforts, and consumer preferences may impact the outcomes projected in these statements. It is important to review the cautionary statements included in this release and Flora’s periodic filings with the Securities and Exchange Commission for a comprehensive understanding of the risks involved. Flora Growth Corp. disclaims any obligation to update forward-looking statements based on changing circumstances and information.
