Cannabis Co. Flora Growth Wants To Allow Customers To Pay With Bitcoin As It Shatters $100K Mark

Flora Growth Corp. (NASDAQ:FLGC) (FSE: 7301) explores integrating Bitcoin as an accepted payment method across its business platforms, the company announced on Wednesday.

The move aligns with the Flora’s commitment to innovation and meeting the evolving preferences of its global customer base.

The news that Flora intends to streamline cannabis payments follows a decision to renew its sales orders for the Czech Republic and Slovakia through Just Brands UK's customer Mirfa s.r.o. and its third quarter financial results that revealed a 28% year-over-year drop in revenue to $12.5 million.

The company said that it is preparing the technological and operational frameworks needed to handle Bitcoin transactions securely and to hold Bitcoin as currency.

“Integrating Bitcoin is not just about staying ahead of the curve; ...

Full story available on Benzinga.com