Cannabis producer Flora Growth Corp. (NASDAQ: FLGC) announced Monday that it’s poised to distribute supply food products to Colombia-based Importaciones y Asesorias Tropi S.A.S.
Under an initial one-year deal between Flora Growth’s food and beverage division Kasa Wholefoods Company S.A.S. and Colombia’s largest food distributor, Tropi, Kasa plans to generate additional CBD and hemp portfolio sales.
Flora Growth projects that the agreement will generate up to $10 million in expected annual sales, with Tropi reaching more than 130,000 distribution points across 38 cities in Colombia.
Jason Warnock, the …