Flora Growth Inks Medical Marijuana Supply Agreement With Curaleaf
On Monday, Flora Growth Corp. (NASDAQ:FLGC) reaffirmed its medical cannabis supply agreement with Curaleaf Holdings‘ (OTCQX:CURLF) subsidiary Northern Green Canada, Inc.
Under the agreement, Northern Green will supply Flora with medicinal cannabis products that Flora will distribute in the German market. The new supply agreement provides for a minimum purchase obligation and a minimum supply obligation on Flora and Northern Green, respectively, subject to certain terms and conditions. All product received by Flora under the agreement must be used solely for medicinal purposes, and Flora cannot re-sell or otherwise transfer any product to a third party for non-medical use without prior written consent of Northern Green.
On Monday, cannabis giant Curaleaf also confirmed on X that “Curaleaf has entered into an agreement to supply cannabis products to Flora Growth for distribution through Flora in Germany. The terms of …