Flora Growth Enters $220M Cannabis Beverage Market With New Facility, Using Peak’s Technology
Flora Growth Corp. (NASDAQ:FLGC) announced the build-out of its specialized beverage facility, marking its official entry into the $220 million U.S. THC-infused beverage market.
This facility, developed on time and within budget, allows Flora to capitalize on the rapidly expanding demand for cannabis-infused beverages, a sector showing strong potential for growth.
Leveraging Proven Technology For Competitive Advantage
The new facility employs technology developed by Peak, a Canadian company responsible for producing nearly 40% of all cannabis beverages in Canada.
By incorporating Peak’s proven methods, Flora Growth is positioned to deliver high-quality THC-infused products. This will help the company maintain a competitive edge …