Flora Growth (NASDAQ: FLGC), a consumer-packaged goods leader serving all 50 states and 13 countries with 15,000+ points of distribution around the world and a pharmaceutical distributor in 28 countries, is partnering with the world-renowned Hulk Hogan. According to the announcement, Flora Growth and Hogan, a WWE superstar, have entered into an exclusive worldwide agreement. The agreement outlines Flora Growth’s plans to produce and sell Hogan’s comprehensive consumer products portfolio globally through its Just Brands platform; anticipated products include Hulk Hogan’s hemp-derived pre-rolls, topicals, flower, edibles, CBD, HHC, Delta 8 and Kratom. “Our exclusive partnership with Flora allows us to deliver Hulk Hogan’s vision of a premier brand to the consumer,” said Hulk Hogan, the face of iconic trademarks including Hulk Hogan, Hulkamania, Hollywood Hulk Hogan and the Hulkster.
“I am excited to stand behind my brand with Flora. I used to tell my Hulkamaniacs to say their prayers, take their vitamins, and they will never go wrong. Well, let me tell you something, brother. Flora is the ideal partner to make my CBD-infused vitamins.” According to Carma HoldCo., which creates iconic global brands through licensing and was involved in the negotiations, the exclusive agreement has an initial three-year term with one-year renewal periods; the company noted that the anticipated initial 24-month, top-line sales target is $20 million, with Flora expected to pay a royalty and a license fee. “Flora is thrilled to be selected as the exclusive producer for Hulk Hogan products,” said Flora Growth CEO Clifford Starke in the press release. “Our award-winning products and Hulk Hogan’s status as an icon and American hero will make us the ultimate championship tag team.”
To view the full press release, visit https://ibn.fm/ATREV
About Flora Growth Corp.
Flora Growth is a consumer-packaged goods leader serving all 50 states with 15,000-plus points of distribution around the world and is a pharmaceutical distributor in 28 countries. In the United States, Flora’s lifestyle business has established a robust presence across all 50 states, providing the company with a solid foundation. Furthermore, the company possesses substantial potential for international expansion. Based in Germany, Flora Growth has successfully developed a strong distribution network delivering lifestyle and wellness products to 28 countries. For more information about the company, please visit www.FloraGrowth.com.
NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC
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