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How Will Vitura’s Flora JV Transform Australia’s Medicinal Cannabis Landscape?

2:17am on Monday 2nd of June, 2025 AEST Healthcare
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How Will Vitura’s Flora JV Transform Australia’s Medicinal Cannabis Landscape?

2:17am on Monday 2nd of June, 2025 AEST
Key Points
  • Flora Holdings acquires Heyday Medical Clinic assets and brand
  • Acquisition includes patient databases, intellectual property, and clinical team
  • Vitura holds 50% of Flora and funds half the $350,000 cash purchase via loans
  • Heyday’s doctors to continue under Flora with expanded face-to-face and telehealth services
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