Flora Growth to sell Colombian subsidiaries and related assets for CAD$800,000

ZeroStack Corp.

Six Colombian entities and branches sold to Lisan Farma Colombia LLC.
Transaction includes 361-acre Cosechemos farm, processing facilities, and inventory.
Purchase price of CAD$800,000; closing expected July 12, 2023.
Sale on 'as is, where is' basis; Seller forgives intercompany debt owed by Colombian entities.
Amendment excludes Labcofarms Laboratorios S.A.S. from direct sale; it is owned by Flora Lab S.A.S. and will be acquired indirectly.

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