Profile
Sector:
HealthcareCountry:
United StatesIPO:
11 May 2021Website:
http://www.floragrowth.comNext earnings report:
09 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 19:42:58 GMTDividend
Analysts recommendations
Institutional Ownership
FLGC Latest News
Fort Lauderdale, Florida--(Newsfile Corp. - June 5, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company") has entered into a share purchase agreement (the "Agreement") to acquire of all of the issued and outstanding shares of Australian Vaporizers Pty Limited ("Australian Vaporizers") in exchange for 550,000 Flora common shares, valued at $0.7 million based on the closing price of Flora's common shares on June 3, 2024, subject to working capital adjustments. The transaction closed on June 4, 2024.
Flora Growth (NASDAQ: FLGC ) stock is on the rise Thursday after the cannabis company announced Restricted Stock Awards (RSAs) for several of its leaders. The company distributed 726,241 RSAs to its leaders as part of its 2022 Equity Compensation Plan.
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What type of business is Flora Growth?
Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis derived medical and wellness products; offers skincare and beauty products; develops plant-based and medical-grade pharmaceuticals, phytotherapeutics, and dietary supplements; and designs and markets loungewear made from hemp-derived fabric and materials. The company also manufactures, distributes, and retails cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; lifestyle wellness products, including edibles, bath and body, pets, sports recovery, etc.; provides cannabis consumption accessories, personal storage, and travel accessories for vape and dry herb categories; and offers juices, exotic fruits coated with chocolate, and chocolate bars, as well as dried fruits, beans, and pulp from Amazonian fruits in supermarkets, discount retailers, coffee shops, restaurants, and airports. In addition, it engages in the manufacturing, promotion, and distribution of beverage products; manufacture and sale of product formulations for pain relief; and development of pharmaceutical cannabinoid formula for the prevention of Sars-Cov-2. The company sells its products under the JustCBD, Vessel, Mind Naturals, Mambe, Stardog, Tonino Lamborghini, and Kalaya brands. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.
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 from?
Flora Growth is headquartered in United States
When did Flora Growth go public?
Flora Growth initial public offering (IPO) was on 11 May 2021
What is Flora Growth website?
https://www.floragrowth.com
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 does Flora Growth report earnings?
The next expected earnings date for Flora Growth is 09 August 2024