Flora Growth Corp Stock Price, News & Analysis

Flora Growth Corp. (NASDAQ: FLGC), which will rebrand as ZeroStack, appointed BitGo Trust Company to provide institutional-grade custody for the company's $0G treasury on October 16, 2025. The move is presented as reinforcing transparency, security, regulatory compliance and operational controls as ZeroStack offers institutional access to AI infrastructure via strategic ownership in 0G, an AI-first blockchain fuelled by the $0G token.

Company and BitGo executives emphasized BitGo's regulated cold-storage custody, long track record since 2013, and full suite of digital-asset services as reasons for the selection to protect and support the $0G treasury strategy.

Flora Growth (NASDAQ: FLGC), which will rebrand as ZeroStack, purchased 772,200 0G at an average price of $2.59 on October 8, 2025. The company now holds 122,538,335 0G, valued at approximately $352 million based on a 0G price of $2.87 (Binance close, October 7, 2025).

Per-share metrics as of October 6, 2025: partially adjusted shares outstanding 9,809,754; 0G per share (ZGPS) 12.491; ZGPS (USD) $35.85. All newly purchased 0G are expected to be held long-term and staked to generate native yield. The purchase follows a prior $401 million fundraising and signals a strategic shift to build a publicly listed 0G treasury and provide regulated investor exposure to Decentralized AI.

Flora Growth (NASDAQ:FLGC) has announced a significant strategic transformation with a $401 million funding round, including a $22.88 million investment from Defi Development Corp. (DFDV). The company plans to rebrand as ZeroStack while maintaining its FLGC ticker symbol.

The private investment includes $366 million in digital assets and $35 million in cash commitments, with shares priced at $25.19. The funding will primarily be used to acquire $0G tokens, the native cryptocurrency of the 0G ecosystem - an AI-first blockchain platform. Notable investors include Hexstone Capital, Carlsberg SE Asia, Dao5, and others.

As part of the transformation, the company will appoint Michael Heinrich as Executive Chairman and Daniel Reis-Faria as CEO. The transaction is expected to close around September 26, 2025.

Flora Growth Corp. (NASDAQ: FLGC) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq on August 19, 2025, after maintaining a closing bid price above $1.00 per share for 10 consecutive trading days from August 4-15, 2025.

This development resolves the compliance issue that began on February 25, 2025, when Nasdaq notified Flora of its non-compliance with the minimum bid price requirement. The company had been given a 180-calendar day period to meet the listing standard. With this requirement now satisfied, Flora remains fully compliant with all Nasdaq listing standards and will continue trading on the exchange.

Flora Growth Corp. (NASDAQ: FLGC) has announced a 1-for-39 share consolidation of its issued and outstanding common shares, effective August 3, 2025. The consolidation aims to increase the bid price of common shares to regain compliance with Nasdaq Capital Market listing requirements.

Trading on a post-consolidation basis will begin on August 4, 2025. For every 39 existing shares, shareholders will receive one new share, with fractional shares rounded up to the next whole share. The stock will continue trading under the ticker "FLGC" with a new CUSIP number 339764300.

The consolidation was approved by shareholders on June 30, 2025, authorizing a ratio range of 1-for-10 up to 1-for-100. No action is required from shareholders holding shares electronically or through brokers.

Flora Growth Corp. (NASDAQ: FLGC) held its 2025 Annual and Special Meeting of Shareholders, where several key proposals were voted upon. The company announced the election of five directors to the board: Clifford Starke, Sammy Dorf, Edward Woo, Manfred Leventhal, and Harold Wolkin.

Shareholders approved multiple significant proposals, including: the reappointment of Davidson & Company LLP as auditors, an increase in the 2022 Plan share issuance limit from 2.5M to 4.5M shares, and authorization for the Board to implement a share consolidation ratio between 10:1 and 100:1 within one year. Additionally, the repricing and amendment of vesting terms for certain Stock Appreciation Rights was approved.

Notably, shareholders rejected Proposal 4, which sought approval for granting Stock Appreciation Rights to the company's CEO, CFO, and Executive Chairman.

Flora Growth Corp. (NASDAQ: FLGC) has announced a strategic entry into the cryptocurrency sector with a US$1 million investment across four major blockchain assets: US$400,000 in Ethereum, US$400,000 in Solana, US$100,000 in Sui, and US$100,000 in Ripple. CEO Clifford Starke emphasized this move as part of the company's commitment to strengthening its balance sheet and positioning itself in the future of digital commerce. The investment strategy focuses on platforms with technological innovation and long-term adoption potential. Flora plans to continue its Web3 transformation through additional strategic partnerships and token portfolio acquisitions.

Flora Growth Corp. (NASDAQ: FLGC) reported its 2024 financial results with significant strategic developments. The company appointed Sammy Dorf, Verano Co-Founder, as Executive Chairman to spearhead expansion into the THC-infused beverage market. Flora completed a specialized beverage facility and launched THC-infused brands Melo and Cloud Cola, securing distribution through Sunshine State Distributing.

Key financial activities include raising $0.7 million through selling 425,000 common shares at $1.67 per share and $3.6 million through a registered direct offering of 2,850,000 shares at $1.25 per share. The company signed a supply agreement with Curaleaf for importing medical cannabis to Germany and appointed Dr. Manfred Ziegler as Managing Director in Germany.

Flora launched new products including Element water pipe and Compass Rise Crimson under its Vessel brand, and appointed Patrick Moloney, holder of over 300 patents, as Head of Product Development. The company also expanded its European presence by launching a Parallel Import Business in Germany.

Flora Growth Corp. (NASDAQ: FLGC) has appointed Patrick Moloney as Head of Product Development for its accessory brand, Vessel. Moloney brings over 20 years of product innovation experience, having previously served as Design Manager at Dyson and Senior Manager of New Sciences at British American Tobacco.

Moloney is credited with over 300 patents, including the Dyson Supersonic Hairdryer and Dyson Airblade Tap. At British American Tobacco, he contributed to over 170 inventions and 120 patent filings, representing approximately 25% of the company's total filings during his tenure.

In his new role, Moloney will oversee Vessel's product development, focusing on innovation and enhancing product quality in the premium cannabis accessories market. CEO Clifford Starke highlighted Moloney's expertise in heat combustion and his potential impact on Vessel's growth and market expansion.