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Flora Announces Major Leadership Transitions and Appointments to Board of Directors and Management

Flora Announces Major Leadership Transitions and Appointments to Board of Directors and Management
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Flora Announces Major Leadership Transitions and Appointments to Board of Directors and Management - Press Release

Flora Announces Major Leadership Transitions and Appointments to Board of Directors and Management TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) Flora Growth Corp. (“Flora”, “Flora Growth”, or the “Company”) is pleased to announce Luis Merchan will be transitioning to President and CEO of Flora Growth effective the date hereof. Current President and CEO, Damian Lopez, will be transitioning to Vice President of Legal and Corporate Strategy. Flora Growth is also appointing Juan Carlos Gomez Roa to its Board of Directors. Mr. Gomez replaces outgoing director Fred Leigh, who has resigned from the Company effective immediately. Further, Dr. Bernard Wilson is taking over for Stan Bharti as Chairman of the Board. Stan Bharti will remain on Flora’s Board of Directors.

Cannabis Movers & Shakers: MedMen, Rolling Stone Culture Council, Sierra Constellation, Cansortium, Terra Tech, Flora Growth

MedMen Appoints Reece Fulgham As Interim CFO Cannabis retailer Fulgham replaces Zeeshan Hyder, who opted to step down from the position. The Los Angeles-based company confirmed Friday that Fulgham will supervise its finance and accounting operations starting Dec 21. Fulgham is a former CPA who brings over three decades of accounting, turnaround management, and restructuring experience. During his career, he served as an auditor, board member, interim operating manager, and advisor to several companies, including Hollywood Video, Epic Resorts, American Golf, and Imperial Sugar, to name a few. Currently, he serves as a managing director at SierraConstellation Partners. Tom Lynch, the company’s chairman, and Interim CEO thanked Hyder for his contributions, adding that “his steady hand and deep industry knowledge were vital during our turnaround.”

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