Fundz

Flora Growth Acquires Cbd Brand Masaya

PRIVATEMay 23, 2022

Acquiring Company

Flora Growth

Acquired Company

Masaya

Fort LauderdaleHealth CareFood And BeverageMedical

Description

Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that it has entered into an agreement with leading cell biologist, Dr. Annabelle Manalo-Morgan, Ph.D., to acquire her brand Masaya, together with its patent-pending CBD formulations. Created by Dr. Annabelle and backed by her research, Masaya’s formulations of pure, potent CBD oil are 100% THC-free and have a long track record of positive testimonials collected over years of use. Flora intends to distribute the brand and its formulations worldwide.

Quick answer

Flora Growth is acquiring Masaya, announced May 23, 2022. Flora Growth is based in Fort Lauderdale, Florida, United States.

How much did Flora Growth pay for Masaya?
The deal value was not disclosed.
What does Flora Growth do?
Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands delivering the most compelling customer experiences in the world, one community at a time.
Where are Flora Growth and Masaya based?
Flora Growth is based in Fort Lauderdale, Florida, United States.
Who are the decision-makers at Flora Growth?
Fundz holds 5 contacts at Flora Growth. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Food And Beverage and Medical

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Flora Growth

Location

3230 NW 50th St

Fort Lauderdale, Florida, United States

About

Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands delivering the most compelling customer experiences in the world, one community at a time.

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Frequently asked

Who acquired Masaya?

Masaya was acquired by Flora Growth, based in Fort Lauderdale. The deal was reported on May 23, 2022. Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands delivering the most compelling customer experiences in the world, one community at a time. Flora Growth is privately held and operates in Health Care.

When did Flora Growth acquire Masaya?

Flora Growth's acquisition of Masaya was reported on May 23, 2022. Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that it has entered into an agreement with leading cell biologist, Dr. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Masaya do?

Modern sustainable wood furniture for the contemporary home. Mid Century inspiration with handcrafted heirloom quality. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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