Flora Growth
FLGC

$1.42

35.24%

Market Cap: $19M

About: Flora Growth Corp is a multi-national cannabis company that manufactures and distributes consumer packaged goods, cultivates and distributes medicinal cannabis, and distributes pharmaceutical products. Its reportable segments are; the commercial and wholesale segment (FGH and Cosechemos subsidiaries), the house of brands segment (JustCBD, Vessel, and Kasa Wholefoods Company subsidiaries), and the pharmaceuticals segment (Grupo Farmaceutico Cronomed and Breeze Laboratory subsidiaries). Geographically, the company generates revenue from United States, Germany, and the United Kingdom. It derives a majority of its revenue from the United States.

Employees: 108

Healthcare Pharmaceutical Preparations

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 3

1.41% less ownership

Funds ownership: 4.35% [Q1] → 2.93% (-1.41%) [Q2]

9% less funds holding

Funds holding: 22 [Q1] → 20 (-2) [Q2]

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

47% less capital invested

Capital invested by funds: $752K [Q1] → $400K (-$352K) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for FLGC.

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Financial journalist opinion

Based on 6 articles about FLGC published over the past 30 days

Flora Growth Corp. Integrates Sezzle Financing Option for JustCBD and Vessel Purchases Across U.S. E-Commerce Platforms

Fort Lauderdale, Florida--(Newsfile Corp. - September 19, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce the integration of Sezzle, a leading "buy now, pay later" (BNPL) platform into its U.S. e-commerce platforms for JustCBD and Vessel. This payment option allows consumers to finance their purchases, making Flora's products more accessible to a broader audience.

Flora Growth Corp. Integrates Sezzle Financing Option for JustCBD and Vessel Purchases Across U.S. E-Commerce Platforms

Flora Growth Corp. Announces Supply Agreement with Blossom Genetics to Bring Colombian Medical Cannabis to Germany

Fort Lauderdale, Florida--(Newsfile Corp. - September 18, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce a strategic supply agreement with Blossom Genetics to bring Colombian medical cannabis to the German market. This partnership will introduce two high sought-after exotic strains, Chemmy Jones and Northern Lights, to Germany, supporting Flora's mission to meet the country's growing demand for high-quality medical cannabis following the legalization of cannabis on April 1, 2024.

Flora Growth Corp. Announces Supply Agreement with Blossom Genetics to Bring Colombian Medical Cannabis to Germany

Clifford Starke, CEO of Flora Growth Corp., Appointed to HoshiCap Board of Directors

Fort Lauderdale, Florida--(Newsfile Corp. - September 17, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce the appointment of Clifford Starke, Chief Executive Officer, to the Board of Directors of HoshiCap, a subsidiary of Hoshi International ("Hoshi") which has a cannabis-cultivation facility in Portugal. Flora initially made an equity investment of $2.4 million into Hoshi in 2021, securing a 10% ownership in the company.

Clifford Starke, CEO of Flora Growth Corp., Appointed to HoshiCap Board of Directors

Clifford Starke's Holdings in Flora Growth Corp.

Panama City, Panama--(Newsfile Corp. - September 12, 2024) - On August 14, 2024, at the annual meeting of the shareholders of Flora Growth Corp. (the "Issuer"), the shareholders of the Issuer approved: (a) the December 15, 2023, issuance of 1,028,665 stock appreciation rights ("SARs") to Clifford Starke (the "Acquiror") and the; (b) the August 14, 2024 issuance of 575,319 SARs to the Acquiror. The SARs vest in 12 equal installments, subject to Issuer share price criteria, have a ten-year term, and a post-termination exercise price of one year (the "Acquisition").

Clifford Starke's Holdings in Flora Growth Corp.

Flora Growth Corp. Appoints Harold Wolkin to Board of Directors; Clifford Starke Named Chairman

Fort Lauderdale, Florida--(Newsfile Corp. - September 12, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce the appointment of Harold Wolkin as an independent director on its Board of Directors. In this role, Mr.

Flora Growth Corp. Appoints Harold Wolkin to Board of Directors; Clifford Starke Named Chairman

Flora Growth Corp. Unveils New Branding, Logo, Website in Exciting Design Transformation

Fort Lauderdale, Florida--(Newsfile Corp. - September 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce the launch of its new corporate branding, logo, website, marking an exciting step forward in the company's continued evolution and growth. The new branding initiative reflects the Company's commitment to innovation and its dedication to providing high-quality, premium products.

Flora Growth Announces Results of 2024 Annual and Special Meeting of Shareholders

Fort Lauderdale, Florida--(Newsfile Corp. - August 14, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") held its 2024 Annual and Special Meeting of Shareholders (the "Annual Meeting"). The final voting results of the proposals submitted to a vote of the Company's shareholders at the Annual Meeting are as follows: Proposal 1: Election of four directors to the Board of Directors of the Company (the "Board") to hold office until the Company's 2025 Annual Meeting of Shareholders or until their respective successors are elected or appointed: Broker Director For Against Abstentions Non-Votes Clifford Starke 4,969,741 97,612 18,969 2,778,760 Kevin Taylor 4,931,118 129,648 25,556 2,778,760 Edward Woo 4,881,581 179,654 25,087 2,778,760 Brendan Cahill 5,001,476 57,680 27,166 2,778,760 Proposal 2: Reappointment of Davidson & Company LLP, an independent registered public accounting firm, as auditors of the Company for the fiscal year ending December 31, 2024 and authorization of the Board to fix their renumeration.

Flora Growth Announces Results of 2024 Annual and Special Meeting of Shareholders

Flora Growth Corp. Reports Second Quarter 2024 Financial Results

Fort Lauderdale, Florida--(Newsfile Corp. - August 12, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the three and six months ended June 30, 2024. "In the second quarter of 2024, we at Flora, demonstrated an aptitude to make accretive acquisitions and form strategic partnerships to capitalize on the most robust market trends.

Flora Growth Corp. Reports Second Quarter 2024 Financial Results

Flora Growth Celebrates National CBD Day

Fort Lauderdale, Florida--(Newsfile Corp. - August 8, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") proudly celebrates National CBD Day, a day dedicated to recognizing the vast benefits and rapid growth of the CBD industry in the United States and beyond. National CBD Day not only celebrates the therapeutic benefits of cannabidiol ("CBD") but also serves as a reminder of the political strides made in recent years.

Flora Growth Celebrates National CBD Day

Flora Growth Announces Frankfurt Stock Exchange Listing

Fort Lauderdale, Florida--(Newsfile Corp. - August 7, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce that the Company's common shares now trade on the Frankfurt Stock Exchange ("FSE") under the symbol "7301". The Frankfurt Stock Exchange is one of the world's largest (behind only the Nasdaq and NYSE) organized exchange-trading market in terms of turnover and dealings with securities.

Flora Growth Announces Frankfurt Stock Exchange Listing

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