Crypto News: FLGC Saw Explosive Revenue Growth of 128% Last Year

Hello Everyone,

Have you been watching FLGC this morning?

It has been fairly flat this Friday which could be expected for this one after it just made a substantial move from under a buck last month to recently hitting highs of 1.85.

Take a look at the chart above and you can see how this one just took off in the middle of last month after several positive news announcements

Research this one immediately.

CEO Clifford Starke purchased over 1.3 MILLION shares of the company and is a major insider.

Talk about putting your money where your mouth is.

MAJOR CATALYSTS

One of the first U.S. exchange listings for a cannabis company
Secured the first cannabis license and gram sold and obtained cultivation license in Germany.
Raised an aggregate of $135 million since inception
Maintains a clean balance sheet with no long-term debt, $6.1 million cash, and $2.0 million available on lines of credit
13.3 million shares outstanding and 10% insider ownership
Earned $76.1 million in revenue in 2023 with YOY Growth – 128%; Reduced cash used in operations by 91% in Q2 2024
Employs 108 professionals across the globe
Active in 28 countries with 20,000+distribution points
Focused on acquiring cashflow positive and strategic businesses
Over 400 products across 15 unique categories
One of the best selling CBD gummies in the world
Buy recommendation and $6 share price issued by Roth MKM

Recent Product Launches and Partnerships

Vessel unveiled the second-generation Compass Rise – the next evolution in functionality and elegance. Built for the discerning connoisseur, Compass Rise embodies sophistication while delivering what consumers have come to expect from Vessel’s products. From its sleek design, cutting-edge technology, and the ability to stay upright, every aspect of Compass Rise reflects Vessel’s dedication to meeting changing market trends. Compass Rise features a nearly indestructible metal frame, enhanced heat settings, and first-in-class ergonomics. Compass Rise is now available for purchase on the Vessel Brand website, through Multi-State Operators (“MSOs”) and select retailers nationwide.
JustCBD introduced new products to its line of offerings – JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies and JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies. These innovative gummies are designed to support stress management and promote relaxation, as well as enhance sleep quality. The JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies are formulated with an optimal blend of Gaba and L-Theanine, renowned for their calming properties. These ingredients are combined to assist users in managing stress and attaining a state of relaxation. The mixed berry flavor enhances the experience, making stress relief both effective and amiable. Melatonin gummies are one of the Company’s best sellers.
The Company entered partnerships for the distribution of Vessel Brands in the United Kingdom, and in Israel with Althea Group Holdings Limited and IM Cannabis Corp., respectively.
Flora entered an exclusive distribution agreement with Me Raw Trade Ltd. to distribute both JustCBD and Vessel branded products in Poland.
‍Sincerely,

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