Flora Growth Corp. reported changes to its board of directors including the appointment of CEO Luis Merchan as chairman of the board as well as the addition of industry veteran Tim Leslie to the board and audit committee. According to a media release, Merchan has replaced Bernie Wilson as chairman of the board.

Wilson will remain in an advisory capacity for the remainder of 2022 and will provide strategic guidance on capital markets and international expansion. The changes to the board will further position Flora as a U.S.based issuer and is expected to increase the company's access to U.S based investment.