Flora Growth Announces Launch of New Calm and Sleep Gummies
Rhea-AI Summary
Flora Growth Corp. (NASDAQ: FLGC) has announced the launch of two new gummy products under its JustCBD brand. The new offerings include JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies for stress management and relaxation, and JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies for improved sleep quality.
The Calm gummies combine Gaba and L-Theanine to help users manage stress, while the Sleep gummies utilize Magnesium and Melatonin to promote faster and deeper sleep. Both products feature appealing flavors to enhance the user experience. CEO Clifford Starke emphasized that these new products align with the company's mission to provide high-quality, effective solutions to enhance customers' lives.
Positive
- Launch of two new gummy products expanding JustCBD's product line
- Targeting growing markets of stress management and sleep improvement
- Melatonin gummies are one of the company's best-selling products
Negative
- None.
News Market Reaction
On the day this news was published, FLGC gained 10.20%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Fort Lauderdale, Florida--(Newsfile Corp. - August 6, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company")'s JustCBD, a leading consumer products brand, is excited to introduce two new products to its line of offerings - JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies and JustCBD+ Sleep Magnesium and Melatonin Raspberry Gummies. These innovative gummies are designed to support stress management and promote relaxation, as well as enhance sleep quality.
The JustCBD+ Calm Gaba & L-Theanine Mixed Berry Gummies are formulated with an optimal blend of Gaba and L-Theanine, renowned for their calming properties. These ingredients are combined to assist users in managing stress and attaining a state of relaxation. The mixed berry flavor enhances the experience, making stress relief both effective and amiable.
The JustCBD+ Sleep Magnesium & Melatonin Raspberry Gummies are crafted to promote a restful night's sleep. By harnessing the potent combination of Magnesium and Melatonin, these gummies are designed to help users fall asleep more quickly and experience deeper, more restorative sleep. The delightful raspberry flavor ensures that bedtime becomes a pleasant and enjoyable routine. Melatonin gummies are one of the Company's best sellers.
"We are thrilled to expand our product line with these innovative gummies," said Clifford Starke, Chief Executive Officer. "Our mission is to enhance the lives of our customers, and these new products are a testament to our commitment to providing high-quality, effective solutions."
About JustCBD
JustCBD high quality CBD products made from organically sourced USA-grown hemp. JustCBD carries a wide range of CBD items for sale, including everything from Gummies and oil to soothing creams and pet treats. It has more than 22,000 5-star reviews. Every CBD product is GMP certified, as well as third party laboratory tested to confirm buyers' safety. JustCBD is one of the top gummy companies in the world. For more information, visit www.justcbdstore.com.
About Flora Growth Corp.
Flora Growth Corp. is a 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 www.floragrowth.com.
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Investor Relations:
Investor Relations ir@floragrowth.com
Clifford Starke Clifford.Starke@floragrowth.com
Media:
media@floragrowth.com
Cautionary Statement Concerning Forward-Looking Statements
This press release contains "forward-looking statements," as defined by U.S. federal securities laws. Forward-looking statements reflect Flora's current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words "believe," "expect," "anticipate," "will," "could," "would," "should," "may," "plan," "estimate," "intend," "predict," "potential," "continue," and the negatives of these words and other similar expressions generally identify forward-looking statements. These forward-looking statements include, but are not limited to, statements about: the impact of new product launches. Such forward-looking statements are subject to various and risks and uncertainties, including those described under section entitled "Risk Factors" in Flora's Annual Report on Form 10-K filed with the United States Securities and Exchange Commission (the "SEC") on March 28, 2024, as such factors may be updated from time to time in Flora's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov/edgar. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in Flora's filings with the SEC. While forward-looking statements reflect Flora's good faith beliefs, they are not guarantees of future performance. Flora disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based on information currently available to Flora (or to third parties making the forward-looking statements).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218841
FAQ
What new products has Flora Growth Corp. (FLGC) launched under its JustCBD brand?
What are the key ingredients in JustCBD's new Calm gummies?
What is the purpose of Flora Growth's (FLGC) new Sleep gummies?
How do these new products align with Flora Growth's (FLGC) business strategy?
