*Flora Growth is the first plant touching cannabis company to IPO via direct listing on Nasdaq.
*CEO Luis Merchan joins us to discuss Colombia's advantages of cost-effectiveness and experience with growing and exporting commodities.
*Cannabis companies are ready to go from regional players to global players. Different barriers of entry across different sectors.
95% of Flora Growth (NASDAQ:FLGC), the first plant-touching cannabis company to list as a direct IPO on Nasdaq, operations are set up in Colombia. CEO and President Luis Merchan, a veteran of retail and sales, most notably with Macy's (NYSE:M), knows the salience of delivering on revenue growth and having a strong supply chain. Advantages of Colombia, cost-effectiveness and experience with growing and exporting commodities. Plans for regional and global expansion. Various barriers of entry across sectors and regions.
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Luis Merchan, Chief Executive Officer at Flora Growth Corp
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
Episode 727 of The Talking Hedge:
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
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Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.
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