Flora Growth Launches Vessel In Canada; Signs Deal With Ontario Cannabis Store And Launches Vesselbrand.ca

FORT LAUDERDALE, Fla. & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor farmer, maker, and supplier of worldwide marijuana items and brandnames, revealed today its Vessel brandname, a leader in premium marijuana devices, protected significant penetration in Canada through an authorized listing on the Ontario Cannabis Store. Additionally, Vessel revealed it hasactually released its Canadian direct-to-consumer online shop, www.vesselbrand.ca to service customers directly across the country.

The Ontario Cannabis Retail Corporation, doing business as the Ontario Cannabis Store (“OCS”), is a crown agency solely owned by the Province of Ontario and provides safe, responsible access to legal recreational cannabis and ancillary products for adults 19 and older. The partnership dramatically increases Vessel’s footprint in the Canadian cannabis marketplace as the OCS launches two novel Vessel products in the luxury battery and dry herb categories.

Alongside the OCS engagement, the launch of www.vesselbrand.ca, Vessel’s Canadian direct-to-consumer site, allows the brand to make bold moves to own the customer relationship and journey. Providing customers across the country access to the full breadth of the Vessel line of products and its stand-out customer service is a crucial initiative in Flora and Vessel’s plans for global expansion and proves a model for Flora’s other House of Brands businesses.

“We’re elated about our partnership with the OCS and are looking forward to bringing the full Vessel experience to our loyal customers across Canada,” says James Choe, Flora’s Chief Strategy Officer. “Our internal estimates show the Canadian cannabis market will be around CAD 5.9 billion this year, with the ancillary category making up about $350 – $475 million. That market potential, coupled with our expectations around meaningful retail door penetration across the country, signals promising growth in this market.”

Initially launched by Founder and CEO James Choe in 2018, Vessel has a people-first approach that hinges on building highly effective teams and encouraging a collaborative spirit to create memorable experiences for the consumer. In this way, Vessel bridges the gap between lifestyle and cannabis, ultimately raising the bar across the industry. Vessel will mark the first commercial entry for Flora Growth’s product portfolio into Canada.

Vessel’s product will be available direct-to-consumer at vesselbrand.ca and at select retailers across the U.S. and Canada.

ABOUT VESSEL: Headquartered in Carlsbad, California, Vessel is powered by a mission to bridge the gap between lifestyle and cannabis, and in doing so, is raising the bar across the entire industry. Vessel is a community-led company that elevates the cannabis consumption experience with its luxury accessories including a high-end line of vape pen batteries and dry-herb accessories made with premium materials and finishes. Vessel bases its principles on what matters most: the people and the planet. Thoughtfully designed with the user experience in mind, Vessel batteries power any oil in style with details including optimized airflow technology, low-temperature settings and extra-long battery life.

About Flora Growth Corp.

Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands to deliver the most compelling customer experiences in the world, one community at a time. As the operator of one of the largest outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. Visit www.floragrowth.com or follow @floragrowthcorp on social [media] for more details.

Cautionary Statement:

This file includes positive declarations. In addition, from time to time, we or our agents might make positive declarations orally or in composing. We base these positive declarations on our expectations and forecasts about future occasions, which we obtain from the details presently readilyavailable to us. Such positive declarations relate to future occasions or our future efficiency, consistingof: anticipated future income, combination of our current acquisitions, growth of our worldwide footprint, growth of our item offerings; our monetary efficiency and forecasts; our development in earnings and incomes; and our company potentialcustomers and chances. You can recognize positive declarations by those that are not historic in nature, especially those that usage terms such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the unfavorable of these or comparable terms. In assessing these positive declarations, you oughtto thinkabout numerous elements, consistingof: our capability to modification the instructions of the Company; our capability to keep rate with brand-new innovation and altering market requires; and the competitive environment of our company. These and other aspects might cause our real results to vary materially from any positive declaration. Forward-looking declarations are just forecasts. The positive occasions talkedabout in this file and other declarations made from time to time by us or our agents might not takeplace, and real occasions and results might vary materially and are subject to threats, unpredictabilities and presumptions about us. We carryout no commitment to openly upgrade or modify any positive declaration, whether as a outcome of unpredictabilities and presumptions, or the positive occasions goneover in this file and other declarations made from time to time by us or our agents not happening, otherthan as might be needed by appropriate law.

Contacts

This post was initially released on this website

.

Expand all Collapse all
Is Delta 8 federally legal?

Delta-8 is legal federally, and most state laws don't specifically address it. Due to ambiguities in the 2018 farm bill, which legalized hemp and hemp products, delta-8 is currently not prohibited by federal law.

What are the benefits of Delta 8?

In the human body, Delta-8 binds to the CB1 and CB2 receptors. Because it binds to both receptors simultaneously, users experience a milder cerebral high. When compared to the effects of THC, users describe a more clear-headed, productive, energetic, and upbeat feeling.

Is Delta 8 or CBD better?

Difference Between Delta-8 THC and CBD Delta-8 THC may not be as prominent as Delta-9 THC, but it is still among the predominant cannabinoids with psychoactive properties. However, CBD is NOT a psychotropic cannabinoid. While CBD can have better results in the long run, Delta-8 THC can give you a quick fix.

Can you fly with Delta 8?

Is it Legal to Fly with Delta-8-THC? Often, yes! It is legal to fly with Delta-8 when you are flying to and from areas where Delta-8 is legal, as long as the airline you choose doesn't specifically prohibit Delta-8 products.

Does Delta 8 help with anxiety?

Contains less than 0.3% Delta 9 THC. Good for chronic pain and anxiety relief. It does not cause paranoia or increased Anxiety.

Is Delta 8 a controlled substance?

Delta-8 is considered a Schedule 1 Controlled Substance by the US Drug Enforcement Administration (DEA) because it is known to cause psychoactive impairment to the consumer.

What is the difference between Delta-8 and Delta 9?

Delta-9 THC is a property of cannabis discovered all the way back in 1964. The primary difference between Delta-8 THC and Delta-9 THC is that Delta-8 is just a bit less psychoactive than Delta-9. This means that products with Delta-8 THC have a more gradual, and therefore more satisfying, effect on the consumer.

Does Delta-8 become 11 hydroxy?

Although in an edible form, Delta-8 THC can metabolize into a natural chemical called 11 Hydroxy tetrahydrocannabinol. Since 11 Hydroxy THC can only be absorbed through the liver, the molecule's possible psychoactive effects can last up to 6 to 8 hours during digestion.

Does Delta 8 make you sleepy?

According to the NCI, Delta-8 uniquely binds twice with cannabinoid receptors in the nervous system that play a role in sleep by calming down processes like breath, heart rate, and mental activity.

Does Delta 8 Flower get u high?

Delta-8 THC is one of the hottest topics in cannabis right now. It's a minor cannabinoid that can get you high like traditional THC, but much less so. Delta-8 found in small amounts in the cannabis plant and is often converted from other compounds like CBD.

How does Delta 8 affect the body?

5 benefits delta 8 could offer you According to the National Cancer Institute, delta-8 THC can bind to the CB1 receptor throughout the body. These receptors are part of our endocannabinoid system, which helps our body regulate and maintain homeostasis.

Does Delta 8 contain CBD?

Delta-8 is yet another compound derived from Cannabis sativa or the hemp plant. As you likely know by now, this is the same natural origin that CBD, THC, CBG, CBN, and CBC come from, too. Though all of these compounds are related to some degree, delta-8 is closest to CBD and delta-9 (also often known plainly as THC).

Does Delta 8 cause euphoria?

Delta-8 may not produce intense euphoria, but it will take effect pretty quickly. Depending on your mode of intake, of course, the time of impact will vary. If you vape it, you will experience the effects within 1 to 6 minutes. If you use a tincture, you will get the first effects after half an hour.

Is Delta 8 legal in all 50 states?

The Short Answer: Yes. Hemp-derived Delta-8 THC products, containing less than 0.3% D-9 THC is legal in all 50 states of the USA. But what if the extract contains more than 0.3% Delta-9 THC?

Can Delta 8 help you lose weight?

A research study from 2004 concluded that delta-8 helps increase appetite while promoting weight loss. This effect is certainly very unique, and scientists will do even more research on this subject. These effects might be due to the potential benefits delta-8 has on metabolism.

Does Delta 8 give you munchies?

Yes, Delta 8 can make you feel hungry. Delta 8 is an appetite-stimulating analogue of tetrahydrocannabinol (or THC). Of course this depends on the amount you smoke (vapes) or consume (edibles), but Delta 8 has been reported to stimulate your appetite, in some cases, even more than Delta 9 (marijuana).

Does Delta 8 make you laugh?

Whatever makes you laugh, Delta-8 is a great way to start the fun. In fact, we've developed Delta-8 products because we love to see people laugh.

What does Delta 8 convert to eating?

Delta-8 THC actually converts into delta-11 THC when processed through the digestive tract. Since delta-9 THC also converts into delta-11 THC when eaten, there's no special benefit to eating delta-8 THC. In general, research suggests that delta-8 has about two-thirds of the potency of delta-9.

Does Delta 8 affect your liver?

In the present study, we have demonstrated that Δ8-THCV exerted protective effects against liver I/R reperfusion damage by attenuating tissue injury, oxidative stress and inflammatory response.

Does Delta 8 make good edibles?

Our Delta-8-THC Gummies — Best for Beginners They contain 10 mg of delta-8-THC per gummy, which is a great dose to start your journey into edibles with. It will give you a relaxing buzz, and you can easily increase the dosage as needed. Our delta 8 gummies are made from a broad-spectrum hemp extract.

You May Also Like

About the Author: Delta-8

Bamboo Pollen Sifter