Colin George's questions to Flora Growth Corp (FLGC) leadership • Q1 2024
Question
Colin George asked for any available data or trends on new patient sign-ups in Germany since the April 1st regulatory changes and inquired which other international countries Flora is monitoring as potential next markets for cannabis reform.
Answer
CEO Clifford Starke confirmed a 'huge explosion' in German patient demand, evidenced by supply shortages, but did not provide a specific number. He noted strong demand for both very low-priced and very high-quality cannabis. Looking internationally, Starke identified the United Kingdom as a 'great, great market' he would love to see legalize, also mentioning France as another significant long-term opportunity. He believes smaller European nations will likely follow Germany's lead.