With a $6 price target, FLGC should be on…
Election years have been tremendous for the legal cannabis space and this year’s election could prove to be no different as both candidates believe in cannabis legislation on some level. Political limbo has dragged the market caps of multi-state operators and licensed producers despite revenue growth. As both major parties can agree on legal cannabis, the federal ban on the plant may be on its last legs and the publicly traded space could be ready for lift off.
Now is a good time to have small-cap NASDAQ company Flora Growth Corp. (FLGC) high on your watch list! FLGC is a multi-national cannabis company that manufactures and distributes consumer packaged goods, medicinal cannabis and pharmaceutical products in all 50 states and 28 countries with 20,000+ points of distribution around the world.
One of the biggest challenges faced by the cannabis industry is ensuring consistent product quality across markets. Emerging legal cannabis company Flora Growth Corp. (NASDAQ: FLGC) is on top of this as the company has recently named globally recognized cannabis connoisseur Captain Hooter as a special advisor. Captain Hooter possesses the expertise to tackle this issue head-on. His extensive experience will help FLGC maintain high standards in quality control. With over three decades of experience, Captain Hooter will offer his expertise to enhance the company’s product development, brand positioning, and market expansion strategies. In addition, FLGC plans to leverage his renowned brand by launching Captain Hooter-branded products in the future. This is just one positive development among many for the company whose own CEO has put his own money in by buying over 1 million shares of FLGC! You know what they say about insiders… they may sell for many reasons, but they buy for one reason: They think the stock could go up.
See Why FLGC is the #1 Cannabis Stock to Watch During This Political Election!
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