Lisan Farma Colombia LLC agreed to acquire majority stake in six companies from Flora Growth Corp. (NasdaqCM : FLGC) for CAD 0.8 million on July 5, 2023. Six companies include; Flora Growth Corp Colombia S.A.S, Flora Lab S.A.S., Flora Med S.A.S., Labcofarm Laboratorios S.A.S., %. Cosechemos Ya S.A.S. and Kasa Wholefoods Company S.A.S. Flora Growth Corp Colombia S.A.S, Flora Lab S.A.S., Flora Med S.A.S., Labcofarm Laboratorios S.A.S. will be sold 100%. Cosechemos Ya S.A.S. and Kasa Wholefoods Company S.A.S. will be sold as 90% stake. The Company intends to maintain a presence in Latin America through Just Brands' distribution relationships. As of September 6, 2023, all of the Colombian Entities, with the exception of Cosechemos Ya S.A.S. The sale of Cosechemos Ya S.A.S. is expected to be completed in the fourth quarter of 2023.

Lisan Farma Colombia LLC completed the acquisition of majority stake in six companies from Flora Growth Corp. (NasdaqCM : FLGC) on November 1, 2023.