Fort Lauderdale, Florida--(Newsfile Corp. - October 15, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is optimistic following Vice President and Democratic presidential candidate Kamala Harris' campaign proposal to legalize recreational marijuana at the federal level.

Vice President Harris outlined her commitment to "break down unjust legal barriers" through the national legalization of marijuana, with a focus on cultivating safe, regulated cannabis markets and promoting economic equity. Under this agenda, the Vice President aims to work with Congress to make the cultivation, distribution, and possession of recreational cannabis legal across the United States. Currently, recreational marijuana use is legal in 24 states and the District of Columbia, while cannabis remains illegal at the federal level.

Former President Donald Trump has also recently voiced support for cannabis legalization, pledging to vote in favor of a Florida measure legalizing recreational marijuana that will appear on the state's ballot this fall. Trump's backing of state-level cannabis legalization demonstrates a growing recognition of the economic and social benefits that regulated cannabis markets can bring.

"We are excited to be part of history amid the growing bi-partisan momentum toward federal cannabis legalization in the United States," said Clifford Starke, Chairman and Chief Executive Officer. "At Flora, we believe that federal legalization would not only provide clarity for businesses like ours but also open doors for communities that have been disproportionately impacted by outdated cannabis laws. Legalization is about much more than commerce—it's about righting historical wrongs and fostering a more just economic environment for all."

The Company sees this proposal as a significant move toward harmonizing cannabis regulation across the country. Flora, which operates across several regulated markets globally, including the U.S., stands ready to support the development of a federal framework that ensures safe, sustainable, and equitable growth within the industry.

Mr. Starke added, "As we continue to expand our presence in the U.S. and international markets, a clear and equitable federal cannabis policy is vital. Flora Growth is committed to supporting these efforts and driving meaningful change where we can."

Flora looks forward to continued dialogue with policymakers, stakeholders, and industry peers as the national conversation on cannabis legalization advances with bi-partisan support. The company remains committed to creating economic opportunities and contributing to a fair and inclusive cannabis marketplace.

About Flora Growth Corp.

Flora Growth Corp.'s mission is to become the leading NASDAQ small-cap international cannabis company. Flora is a cannabis-focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world. For more information on Flora, visit

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