Benzinga | Nov 29, 2021 07:06AM EST

Flora Growth Enters Cannabis Beverage Market Through Licensing Agreement With Tonino Lamborghini

* Flora enters burgeoning cannabis beverage market through executed licensing agreement with Tonino Lamborghini to produce and distribute CBD beverages under their renowned luxury lifestyle brand, with an initial focus on the United States

* Tonino Lamborghini product line will first launch in Q1 of 2022

* Flora retains right of first refusal to distribute any cannabis products globally under the Tonino Lamborghini brand

* Product line to be produced using Applied DNA Sciences molecular tagging technology to ensure product verification and brand protection