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Flora Growth (FLGC) Stock

Profile

Sector:

Healthcare

Country:

United States

IPO:

11 May 2021

Indexes:

Not included

Description:

Flora Growth Corp (FLGC) is a Canadian company focused on the cannabis industry. It cultivates, processes, and sells cannabis products. The company aims to provide high-quality, sustainable products while promoting wellness and innovation in the cannabis market.

Key Details

Price

$1.57

Annual Revenue

$76.07 M(+127.75% YoY)

Annual EPS

-$7.75(+43.35% YoY)

Annual ROE

-181.60%

Beta

0.92

Events Calendar

Earnings

Next earnings date:

May 15, 2025

Recent quarterly earnings:

Nov 14, 2024

Recent annual earnings:

Mar 31, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

June 09, 2023

Analyst ratings

Recent major analysts updates

25 Nov '24 Aegis Capital
Buy
15 Aug '24 Alliance Global Partners
Neutral
16 May '24 Roth MKM
Buy
03 Apr '24 Roth MKM
Buy
01 June '23 Roth MKM
Buy
18 May '23 Roth MKM
Buy
19 Apr '23 Roth MKM
Buy
01 Feb '23 Argus Research
Buy
25 Oct '22 Alliance Global Partners
Buy
23 Sept '22 Alliance Global Partners
Buy

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Institutional Ownership

Flora Expands European Success with Thriving Partnership in Czech Republic and Slovakia
Flora Expands European Success with Thriving Partnership in Czech Republic and Slovakia
Flora Expands European Success with Thriving Partnership in Czech Republic and Slovakia
FLGC
newsfilecorp.com26 November 2024

Fort Lauderdale, Florida--(Newsfile Corp. - November 26, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce it has renewed its sales orders for the Czech Republic and Slovakia through one of Just Brands UK's largest customers, Mirfa s.r.o. ("Mirfa") This long-standing partnership, valued at total demand of approximately $500,000 annually, underscores Flora's commitment to expanding its footprint in high-growth international markets.

Flora Growth Leads the Charge in Australia with Innovative Solutions for Pharmacies
Flora Growth Leads the Charge in Australia with Innovative Solutions for Pharmacies
Flora Growth Leads the Charge in Australia with Innovative Solutions for Pharmacies
FLGC
newsfilecorp.com20 November 2024

Fort Lauderdale, Florida--(Newsfile Corp. - November 20, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is positioning itself as a first mover in response to Australia's recent regulatory changes by offering a comprehensive range of products tailored to meet the evolving needs of pharmacies. With the Australian Government's new regulations shifting the supply of disposable nicotine vaporizers and other vaping devices from retail environments to pharmacies, Flora is committed to providing a one-stop shop for pharmacies' needs.

Flora Growth Corp. Reports Third Quarter 2024 Financial Results
Flora Growth Corp. Reports Third Quarter 2024 Financial Results
Flora Growth Corp. Reports Third Quarter 2024 Financial Results
FLGC
newsfilecorp.com13 November 2024

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. Targeting $4 Billion Market, Launching Parallel Import Business in Germany
Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany
Flora Growth Corp. Targeting $4 Billion Market, Launching Parallel Import Business in Germany
FLGC
newsfilecorp.com30 October 2024

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. Announces Distribution Partnership with Sunshine State for Its THC-Infused Beverages, Targeting $2 Billion Market
Flora Growth Corp. Announces Distribution Partnership with Sunshine State for Its THC-Infused Beverages, Targeting $2 Billion Market
Flora Growth Corp. Announces Distribution Partnership with Sunshine State for Its THC-Infused Beverages, Targeting $2 Billion Market
FLGC
newsfilecorp.com30 October 2024

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. Expands Beverage Portfolio with THC-Infused Cola Targeting $220 Million Beverage Market
Flora Growth Corp. Expands Beverage Portfolio with THC-Infused Cola Targeting $220 Million Beverage Market
Flora Growth Corp. Expands Beverage Portfolio with THC-Infused Cola Targeting $220 Million Beverage Market
FLGC
newsfilecorp.com28 October 2024

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. Launches THC-Infused Melo to Capture Booming $220 Million Beverage Market
Flora Growth Corp. Launches THC-Infused Melo to Capture Booming $220 Million Beverage Market
Flora Growth Corp. Launches THC-Infused Melo to Capture Booming $220 Million Beverage Market
FLGC
newsfilecorp.com24 October 2024

Fort Lauderdale, Florida--(Newsfile Corp. - October 24, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is excited to announce the launch of its first THC-infused beverage, Melo. This marks Flora's highly anticipated debut into the rapidly growing beverage market, an industry experiencing significant momentum in the Unites States.

Flora Growth Corp. Completes Build-Out of Specialized Beverage Facility, Marking Entry into the $220 Million Beverage Market
Flora Growth Corp. Completes Build-Out of Specialized Beverage Facility, Marking Entry into the $220 Million Beverage Market
Flora Growth Corp. Completes Build-Out of Specialized Beverage Facility, Marking Entry into the $220 Million Beverage Market
FLGC
newsfilecorp.com22 October 2024

New Facility Employs Proven Technology from Peak to Deliver Product Quality and Competitive Edge in the Rapidly Expanding THC-Infused Beverage Sector Fort Lauderdale, Florida--(Newsfile Corp. - October 22, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") today announced the completion of its specialized beverage facility and receipt of requisite permitting, on time and on budget. This milestone facilitates Flora's entry into the beverage market.

Flora Growth Corp. Appoints Omar Sharif Jr. as Special Advisor, Strengthening Commitment to Diversity and Social Advocacy
Flora Growth Corp. Appoints Omar Sharif Jr. as Special Advisor, Strengthening Commitment to Diversity and Social Advocacy
Flora Growth Corp. Appoints Omar Sharif Jr. as Special Advisor, Strengthening Commitment to Diversity and Social Advocacy
FLGC
newsfilecorp.com16 October 2024

Fort Lauderdale, Florida--(Newsfile Corp. - October 16, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") proudly announces the appointment of Omar Sharif Jr., internationally acclaimed activist, author, actor, and model, as a Special Advisor. This reflects Flora's ongoing dedication to advocating for diversity, inclusion, and progressive social change within the global cannabis community.

Dr. Manfred Ziegler Joins Flora Growth Corp. as Managing Director, Bolstering German Business with Unmatched Expertise
Dr. Manfred Ziegler Joins Flora Growth Corp. as Managing Director, Bolstering German Business with Unmatched Expertise
Dr. Manfred Ziegler Joins Flora Growth Corp. as Managing Director, Bolstering German Business with Unmatched Expertise
FLGC
newsfilecorp.com10 October 2024

Fort Lauderdale, Florida--(Newsfile Corp. - October 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) ("Flora" or the "Company") is pleased to announce the appointment of Dr. Manfred Ziegler as a Managing Director. Dr. Ziegler, a renowned figure in the pharmaceutical industry, brings decades of expertise, notably his leadership as Managing Director of CC Pharma and his pivotal role in the sale of CC Pharma to Tilray, one of the world's leading cannabis companies.

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FAQ

  • What is the primary business of Flora Growth?
  • What is the ticker symbol for Flora Growth?
  • Does Flora Growth pay dividends?
  • What sector is Flora Growth in?
  • What industry is Flora Growth in?
  • What country is Flora Growth based in?
  • When did Flora Growth go public?
  • Is Flora Growth in the S&P 500?
  • Is Flora Growth in the NASDAQ 100?
  • Is Flora Growth in the Dow Jones?
  • When was Flora Growth's last earnings report?
  • When does Flora Growth report earnings?
  • Should I buy Flora Growth stock now?

What is the primary business of Flora Growth?

Flora Growth Corp (FLGC) is a Canadian company focused on the cannabis industry. It cultivates, processes, and sells cannabis products. The company aims to provide high-quality, sustainable products while promoting wellness and innovation in the cannabis market.

What is the ticker symbol for Flora Growth?

The ticker symbol for Flora Growth is NASDAQ:FLGC

Does Flora Growth pay dividends?

No, Flora Growth does not pay dividends

What sector is Flora Growth in?

Flora Growth is in the Healthcare sector

What industry is Flora Growth in?

Flora Growth is in the Drug Manufacturers - Specialty & Generic industry

What country is Flora Growth based in?

Flora Growth is headquartered in United States

When did Flora Growth go public?

Flora Growth's initial public offering (IPO) was on 11 May 2021

Is Flora Growth in the S&P 500?

No, Flora Growth is not included in the S&P 500 index

Is Flora Growth in the NASDAQ 100?

No, Flora Growth is not included in the NASDAQ 100 index

Is Flora Growth in the Dow Jones?

No, Flora Growth is not included in the Dow Jones index

When was Flora Growth's last earnings report?

Flora Growth's most recent earnings report was on 14 November 2024

When does Flora Growth report earnings?

The next expected earnings date for Flora Growth is 15 May 2025

Should I buy Flora Growth stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions