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The Flowr Corporation Announces Export Agreement to Israel with Focus Medical Herbs and IM Cannabis

Publish:sanjinlighting Time:2021-06-09 hits:539

Highlights:

  • Flowr to export up to 500 kilograms of premium medical cannabis to Israel.
  • The Supply Agreement represents the Company’s first export opportunity into an international market.

TORONTO, June 07, 2021 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it has entered into a supply agreement (“Supply Agreement”) with Focus Medical Herbs Ltd. (“Focus Medical”), a company which IM Cannabis Corp. (NASDAQ: IMCC) (CSE:IMCC) (“IMC”) has an exclusive commercial agreement with in Israel. Pursuant to the terms of the Supply Agreement, a wholly-owned subsidiary of Flowr has agreed to export up to five hundred kilograms of premium dry flower cannabis in bulk form into Israel. The Supply Agreement represents the Company’s first significant international distribution agreement and first export opportunity into Israel.

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