Flora Growth
FLGC
Market cap $17.5M

1.31 USD

+0.11

9.17%

At close Nov 19, 4:00 PM EST

After hours

1.34

+0.03

2.29%

1 day

9.17%

5 days

13.91%

1 month

-14.94%

3 months

40.77%

6 months

6.50%

Year to date

-0.76%

1 year

31.00%

5 years

-98.63%

10 years

-98.63%

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 6,735 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

56% more capital invested

Capital invested by funds: $400K [Q2] → $624K (+$223K) [Q3]

0.12% more ownership

Funds ownership: 2.93% [Q2] → 3.05% (+0.12%) [Q3]

0% more funds holding

Funds holding: 20 [Q2] → 20 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

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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 13 articles about FLGC published over the past 30 days

Flora Growth Corp. Highlights President-Elect Trump's Historic Support for Hemp Industry Growth Following 2018 Farm Bill

Fort Lauderdale, Florida--(Newsfile Corp. - November 19, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") acknowledges the pivotal role that President-Elect Donald Trump played in opening the doors for the cannabinoid industry through the signing of the 2018 Farm Bill. This landmark legislation laid the groundwork for hemp's current economic influence, sparking extensive growth in the sector with hemp being a major economic driver, supporting jobs, and generating revenue.

Flora Growth Corp. Highlights President-Elect Trump's Historic Support for Hemp Industry Growth Following 2018 Farm Bill

Flora Growth Corp. Reports Third Quarter 2024 Financial Results

Fort Lauderdale, Florida--(Newsfile Corp. - November 13, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the three and nine months ended September 30, 2024. "As the cannabis industry continues to grow, we at Flora are encouraged by the election of President-Elect Donald Trump and the potential for continued progress in cannabis reform," said Clifford Starke, Chief Executive Officer.

Flora Growth Corp. Reports Third Quarter 2024 Financial Results

Flora Growth Corp. Congratulates President-Elect Donald Trump, Calls for Immediate Action on Cannabis Reform

Fort Lauderdale, Florida--(Newsfile Corp. - November 6, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") extends its congratulations to President-Elect Donald Trump on his successful election to the U.S. Presidency. Flora commends the President-Elect for his statements in support of cannabis reform and urges his administration to prioritize these critical reforms around rescheduling and SAFE banking that will create economic growth, address inequities, and open pathways for significant advancements in the space.

Flora Growth Corp. Congratulates President-Elect Donald Trump, Calls for Immediate Action on Cannabis Reform

Flora Growth Corp. Reaffirms Medical Cannabis Supply Agreement with Curaleaf

Fort Lauderdale, Florida--(Newsfile Corp. - November 4, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today reaffirms its medical cannabis supply agreement with Curaleaf Holdings, Inc. subsidiary Northern Green Canada, Inc. This morning, Curaleaf also confirmed on X (Formerly known as Twitter) that “Curaleaf has entered into an agreement to supply cannabis products to Flora Growth for distribution through Flora in Germany. The terms of the agreement are disclosed in a Form 8-k filed on November 1, 2024 by Flora Growth Co. [https://www.sec.gov/Archives/edgar/data/1790169/000106299324018209/form8k.htm].

Flora Growth Corp. Reaffirms Medical Cannabis Supply Agreement with Curaleaf

Flora Growth Corp. Supports Germany's Cannabis Model City Initiative, Pioneering Controlled THC Retail in Frankfurt and Hannover

Fort Lauderdale, Florida--(Newsfile Corp. - October 31, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced its strong support for Germany's historic cannabis model city projects in Frankfurt and Hannover. These initiatives, marking Germany's first controlled cannabis retail efforts, will allow the cities to gather valuable insights on consumption behaviors, public health, and strategies to combat the illegal cannabis market, moving the country's cannabis policy from theory to practice.

Flora Growth Corp. Supports Germany's Cannabis Model City Initiative, Pioneering Controlled THC Retail in Frankfurt and Hannover

Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany

Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce the launch of its parallel import business ("PI Business") in Germany and the European Union ("EU"). This strategic expansion underscores Flora's broadening footprint in key international markets.

Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany

Flora Growth Corp. Announces Distribution Partnership with Sunshine State for Its THC-Infused Beverages, Targeting $2 Billion Market

Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce a distribution partnership with Sunshine State Distributing ("Sunshine"). This agreement will see Sunshine, a leading distributor in the Southeastern United States, manage the distribution of Flora's hemp-infused beverages, starting with Melo and Cola.

Flora Growth Corp. Announces Distribution Partnership with Sunshine State for Its THC-Infused Beverages, Targeting $2 Billion Market

Flora Growth Corp. to Target $450 Million German Cannabis Market with Curaleaf Holdings, Inc. Supply Agreement

Fort Lauderdale, Florida--(Newsfile Corp. - October 30, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce a new supply agreement with Curaleaf Holdings, Inc. ("Curaleaf"). The agreement will facilitate the importation of high-quality medical cannabis products into Germany, one of the fastest-growing markets in Europe following the legalization of cannabis on April 1, 2024.

Flora Growth Corp. to Target $450 Million German Cannabis Market with Curaleaf Holdings, Inc. Supply Agreement

Flora Growth Corp. Commends U.S. Vice President Kamala Harris for Prioritizing Cannabis Reform, Applauds Growing Bi-Partisan Support for U.S. Recreational Market Valued at $33 Billion

Fort Lauderdale, Florida--(Newsfile Corp. - October 29, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") commends U.S. Vice President Kamala Harris for including cannabis reform among her top 14 national priorities as she approaches the 2024 election. This significant move by Harris, together with Republican nominee Donald Trump's support of marijuana legalization initiatives in Florida and advocacy for cannabis banking reform, underscores a bi-partisan commitment to cannabis reform as a crucial national priority.

Flora Growth Corp. Commends U.S. Vice President Kamala Harris for Prioritizing Cannabis Reform, Applauds Growing Bi-Partisan Support for U.S. Recreational Market Valued at $33 Billion

Flora Growth Corp. Expands Beverage Portfolio with THC-Infused Cola Targeting $220 Million Beverage Market

Fort Lauderdale, Florida--(Newsfile Corp. - October 28, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce the launch of its THC-infused Cola, marking the Company's next product offering in the rapidly expanding beverages market. This innovative product follows the introduction of Melo, Flora's first beverage, and continues the Company's strategic expansion into the thriving beverage sector.

Flora Growth Corp. Expands Beverage Portfolio with THC-Infused Cola Targeting $220 Million Beverage Market

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