2 FLORA GROWTH S T R I C T L Y P R I V A T E A N D C O N F I D E N T I A L This presentation contains reference to certain intentions, expectations, future plans, strategies and prospects of Flora Growth Corp. (“Flora”), which may constitute forward looking information under applicable securities law, including within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this presentation, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward looking statements. Those intentions, expectations, future plans, strategies and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of Flora may be influenced by a number of factors, many of which are outside the control of Flora. No representation or warranty, express or implied, is made by Flora, or any of its shareholders, directors, officers, advisers, agents or employees that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause Flora’s actual future results, performance or achievements to be materially different from those expected, planned or intended, you should not place undue reliance on these intentions, expectations, future plans, strategies and prospects. Flora does not represent or warrant that the actual results, performance or achievements will be as intended, expected or planned. All information contained in this presentation is provided as of the date of the presentation and is subject to change without notice. Neither Flora, nor any other person undertakes any obligation to update or revise any of the forward looking statements set out herein, whether as a result of new information, future events or otherwise, except as required by law. This presentation shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities of Flora in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This is presented as a source of information and not an investment recommendation. Some of the factors that could cause actual results to differ materially from those expressed or implied by the forward looking statements in this presentation include but are not limited to: • Our limited operating history and net losses • Unpredictable events, such as the COVID-19 outbreak, and associated business disruptions • Changes in cannabis laws, regulations and guidelines • Decrease in demand for cannabis and derivative products due to certain research findings, proceedings, or negative media attention • Damage to our reputation as a result of negative publicity • Exposure to product liability claims, actions and litigation • Risks associated with product recalls • Product viability • Continuing research and development efforts to respond to technological and regulatory changes • Shelf life of inventory • Maintenance of effective quality control systems • Changes to energy prices and supply • Risks associated with expansion into new jurisdictions • Regulatory compliance risks • Opposition to the cannabinoid industry • Risks related to our operations in Colombia • Potential delisting resulting in reduced liquidity of our Common Shares. This presentation contains or references certain market, industry and peer group data which is based upon information from independent industry publications, market research, analyst reports and surveys and other publicly available sources. Although Flora believes these sources to be generally reliable, such information is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other inherent limitations and uncertainties. Market research and public data. Forward-looking information.
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