Flora Growth Board Changes Ensure Nasdaq Compliance

Flora Growth (FLGC) just unveiled an announcement.

Kevin Taylor stepped down as a director of the company on August 26, 2024, with no disagreements cited regarding the company’s operations. Shortly thereafter, Harold Wolkin was appointed as an independent director, bringing over three decades of investment banking expertise and multiple board memberships to the table. Wolkin meets all Nasdaq requirements for board service, including being recognized as an “audit committee financial expert.” He will serve until the next annual stockholders’ meeting, receives standard board compensation, and his appointment restores the company’s compliance with Nasdaq’s audit committee requirements.

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