TORONTO, ONTARIO – May 25, 2021 — Flora Growth Corp. (NASDAQ: FLGC) (“Flora”, “Flora Growth”, or the “Company”), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, announced today that it has appointed Marc Mastronardi, Chief Stores Officer of Macy’s, to its Board of Directors (the “Board”).
“We are pleased to welcome Marc as a valuable member of our Board of Directors to assist Flora Growth Corp. in achieving rapid growth and maximizing shareholder value,” said Luis Merchan, President and CEO of Flora Growth. “Marc brings a wealth of experience in business development, enterprise operations and customer experience, and we believe he will be a significant asset to our Board.”
Prior to his current role, Mastronardi was Macy’s Senior Vice President of Store Operations and Customer Experience, where he was responsible for enterprise-wide store operations, sales and customer service. Mastronardi has also led multiple functions within the organization responsible for the creation and expansion of new business concepts, leased partnerships and diverse, owner-led businesses. Mastronardi currently serves on the board of Delivering Good, NYC, the executive committee of the Fashion Scholarship Fund, and is the executive sponsor of the Macy’s Working Families Employee Resource Group.
“I am thrilled to be joining Flora Growth Corp.’s Board of Directors at such an exciting time,” Mastronardi added. “The emerging market of all-outdoor cannabis cultivation presents a unique growth opportunity and I am looking forward to contributing my experience and knowledge to benefit Flora Growth Corp. and its shareholders and customers.”
Flora Growth CEO Fireside
Flora Growth is pleased to announce it will be hosting a live fireside discussion between President & CEO, Luis Merchan, and Vice President of Corporate Development, James Williams. The virtual fireside conversation will take place on Thursday, May 27th at 1:00 pm ET and all those interested in attending are encouraged to register using the following link.
Specifically, Luis and James will be providing updates on Flora Growth’s recent business developments and overall international cannabis strategy. This includes discussing the recent cultivation progress at Cosechemos, the launch of Flora Growth’s international sales in Central America and the U.K., and how Flora Growth is structuring its divisions, like Flora Lab, to maximize the Company’s bottom line. A recording of the event will also be made available online for those unable to attend the live event.
About Flora Growth Corp.
Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. Visit www.floragrowth.ca or follow @floragrowthcorp on social media for more information.
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