LinkedIn
WebsiteFLORA GROWTH CORP (FLGC)
FLORA GROWTH CORP (ticker: FLGC; Korean name: 플로라 그로스) is a publicly traded company on the Nasdaq Capital Market (exchange code: NAS). The firm operates two main segments—international pharmaceutical distribution and digital asset treasury management—through subsidiaries including Phatebo GmbH in Germany and a digital-assets treasury portfolio featuring Solana, Ethereum, and Ripple.
Corporate Structure and Leadership
Headquartered in Fort Lauderdale, Florida, with cultivation operations in Colombia and a U.S. presence in Miami, FLORA employs between 201 and 500 staff across its global network. On September 4, 2025, the company appointed Sammy Dorf, Esq., Co-Founder and former Chief Growth Officer of Verano, as Executive Chairman. His expertise in securing cannabis licenses in competitive markets aligns with FLORA’s plans to pursue pilot cannabis licenses in Europe.
Cannabis Cultivation by Richard T
Developments and News
-
September 19, 2025
FLORA announced a $401 million funding round, which includes a $22.88 million strategic investment from DeFi Development Corp. The proceeds will support an AI-driven Zero Gravity ($0G) coin treasury strategy. Pending shareholder approval, the company plans to rebrand as ZeroStack while retaining the FLGC ticker. -
December 13, 2024
FLORA launched Melo, its THC-infused beverage brand, in select U.S. states and through Total Wine & More. -
November 2021
A licensing agreement with Tonino Lamborghini introduced a CBD beverage line for North America and Colombia. -
Acquisitions
In 2021, FLORA acquired Vessel Brand Inc., a luxury cannabis technology firm based in Carlsbad, California, and expanded its Mind Naturals skincare exports to Spain and Mexico.
Financial and Strategic Analysis
As of September 22, 2025, FLGC shares closed at $51.90, reflecting a 90.82% change from the prior reference period, with a trading volume of 209,099 shares. According to data filed with the SEC and reported by CNN:
| Metric | Twelve Months Ended | Q2 2025 |
|---|---|---|
| Total Revenue | $59.51 million | $14.80 million |
| Net Income | –$15.91 million | –$2.41 million |
| Earnings per Share (EPS) | –$50.57 | –$4.38 |
FLORA’s business model is based on three major pillars:
- Wholesale Cannabis: A 247-acre cultivation facility in Colombia produces cannabis at approximately $0.06 per gram under GACP certification. An EU-GMP compliant extraction facility is expected to ramp up revenue targeting the $16.47 billion medical cannabis market.
- House of Brands: The portfolio includes consumer products such as Stardog retail stores, Mind Naturals skincare, and Tonino Lamborghini beverages, generating direct customer relationships.
- Pharmaceutical Cannabis: Distribution of medical-grade products occurs via Phatebo GmbH’s established network in Europe and other international markets.
The digital-assets treasury includes in-kind holdings of Solana and the newly acquired $0G token, allowing FLORA to blend traditional pharmaceutical distribution with blockchain-based strategies.
Market Position and Industry Context
FLORA Growth operates one of the world’s largest outdoor cannabis cultivation sites, benefiting from Colombia’s climate advantages to serve both medical and adult-use markets. In Europe, regulatory changes in Germany and opportunities in Portugal for a medical cannabis hub present potential growth avenues. In the United States, the branded beverage segment is expected to grow as states legalize THC beverages, with FLORA's partnerships in retail channels positioning the company as a competitor in the Health Technology and Pharmaceuticals: Other sectors.
tl;dr
As of September 22, 2025, FLGC shares traded at $51.90. On September 19, 2025, FLORA secured $401 million in funding, including $22.88 million from DeFi Development Corp., to implement an AI-based Zero Gravity coin treasury strategy and plans to rebrand as ZeroStack. The company continues to ramp its EU-GMP extraction facility, pursue European cannabis pilot licenses under new leadership, and expand its THC-infused beverage and consumer-brand divisions.
