Flora GrowthFLGC
FLGC
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) and the house of brands segment (JustCBD, Vessel, and Kasa Wholefoods Company subsidiaries). Geographically, the company generates revenue from the United States, Germany, Australia, and the United Kingdom. It generates revenue as a distributor of pharmaceutical goods, and a manufacturer and reseller of a range of cannabis-based and complementary products.
Employees: 76
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
10% more funds holding
Funds holding: 20 [Q3] → 22 (+2) [Q4]
0.13% more ownership
Funds ownership: 3.05% [Q3] → 3.18% (+0.13%) [Q4]
9% less capital invested
Capital invested by funds: $624K [Q3] → $567K (-$57.1K) [Q4]
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Research analyst outlook
We haven’t received any recent analyst ratings for FLGC.
Financial journalist opinion
Neutral
Newsfile Corp
3 weeks ago
Flora Growth Corp. Reports 2024 Financial Results
Fort Lauderdale, Florida--(Newsfile Corp. - March 24, 2025) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") reported today its financial and operating results for the year ended December 31, 2024. "The re-election of President Donald Trump presents a renewed opportunity for meaningful cannabis reform in the United States.
Neutral
Newsfile Corp
2 months ago
Flora Announces Appointment of Patrick Moloney as Head of Product Development for Vessel
Fort Lauderdale, Florida--(Newsfile Corp. - February 11, 2025) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce the appointment of Patrick Moloney as Head of Product Development for its accessory brand, Vessel. Mr. Moloney brings over two decades of product innovation and leadership experience, having held senior roles in product development at several globally recognized companies.
Neutral
Newsfile Corp
4 months ago
Clifford Starke's Holdings in Flora Growth Corp.
Panama City, Panama--(Newsfile Corp. - December 17, 2024) - On December 15, 2024, Flora Growth Corp.'s Board of Directors granted Clifford Starke (the "Acquiror") 900,000 Restricted Stock Awards which fully vested on December 15, 2024 (the "Acquisition"). Immediately before the completion of the Acquisition, the Acquiror owned an aggregate of 1,346,902 Common Shares, representing approximately 7.80% of the outstanding Common Shares of the Issuer.
Neutral
Newsfile Corp
4 months ago
Flora Growth Corp. Announces Closing of $3.6 Million Registered Direct Offering
Fort Lauderdale, Florida--(Newsfile Corp. - December 16, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced the closing of a registered direct offering to institutional investors for the aggregate purchase and sale of approximately $3.6 million of Common Shares at a price of $1.25 per Common Share. The offering consisted of the sale of an aggregate of 2,850,000 Common Shares.
Neutral
Newsfile Corp
4 months ago
Flora Growth Corp. Announces Pricing of $3.6 Million Registered Direct Offering
Fort Lauderdale, Florida--(Newsfile Corp. - December 13, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $3.6 million of Common Shares at a price of $1.25 per Common Share. The offering consists of the sale of 2,850,000 Common Shares.
Neutral
Newsfile Corp
4 months ago
Flora Growth Applauds Launch of German Cannabis Pilot Programs
Flora Intends to Submit Applications for Upcoming Cannabis Pilot Programs Run by BMEL Fort Lauderdale, Florida--(Newsfile Corp. - December 12, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced its intention to submit applications for participation in upcoming cannabis pilot programs in Germany to the Federal Ministry for Agriculture and Food ("BMEL"). These programs aim to effectively reduce the illicit market, expand health prevention, and provide an objective foundation for ongoing discussions surrounding cannabis.
Neutral
Newsfile Corp
4 months ago
Flora Growth's Peak USA Celebrates the Launch of THC-Infused Beverage Brand, Melo, in Total Wines & More
Melo Available in Grapefruit, Half & Half Lemonade Iced Tea, Strawberry Mango, and Wild Berry Flavors Fort Lauderdale, Florida--(Newsfile Corp. - December 11, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is proud to announce that its THC-infused beverage brand, Melo, will be available in store in select states beginning Friday December 13th. This beverage is poised to reach a broader audience with imminent placement in the retail networks of Total Wines & More ("Total"), one of the most recognized retailers of innovative and premium alcoholic and non-alcoholic products in the United States.
Neutral
Newsfile Corp
4 months ago
Flora Growth Appoints Sammy Dorf, Verano Co-Founder, as Executive Chairman
Adds Verano Co-Founder to its Board as it Accelerates its Entry into the THC-Infused Beverage Market Fort Lauderdale, Florida--(Newsfile Corp. - December 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is delighted to announce the appointment of Sammy Dorf, a celebrated pioneer in the cannabis industry, as Executive Chairman of its Board of Directors. This strategic appointment ushers in an exciting new chapter as Flora expands its footprint in the growing THC-infused beverage market and bolsters its global licensing initiatives.
Neutral
Newsfile Corp
4 months ago
Flora to Launch Bitcoin Payment Integration
Fort Lauderdale, Florida--(Newsfile Corp. - December 4, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") announced today its intent to explore the integration of Bitcoin as an accepted form of payment across its business platforms. This move aligns with the Company's commitment to innovation and meeting the evolving preferences of its global customer base.
Neutral
Newsfile Corp
4 months ago
Flora Launches Limited Edition Compass Rise Crimson, Perfectly Timed for the Holiday Season
Fort Lauderdale, Florida--(Newsfile Corp. - December 2, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is thrilled to announce the launch of the limited-edition Compass Rise Crimson. This exclusive offering, a new addition to the acclaimed Compass Rise Series, is available just in time for the holidays, promising the perfect blend of elegance and functionality for enthusiasts.
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