ZSTK Oct 9, 2025ZSTKGeneral
Filed by newsfilecorp.com Transparency First: An Update on ZeroStack's Financials and Progress A detailed look at how ZeroStack is funded, who's backing us, and the financial foundation driving decentralized AI.
ZeroStack has provided an update on its financials and progress, highlighting the receipt of over $401 million in funding. Significant contributions come from both digital assets and cash raises, including a successful launch of the $0G token. The company emphasized transparency with its community about its financial undertakings and future plans in decentralized AI. Leadership changes were also announced to guide the company's long-term vision.
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ZSTK Sep 23, 2025ZSTKGeneral
Filed by newsfilecorp.com Flora Growth Corp. Unaudited Pro Forma Consolidated Financial Statements (United States Dollars, unless otherwise noted)
Flora Growth Corp. has filed unaudited pro forma consolidated financial statements reflecting the financial position as of June 30, 2025. These statements show the impact of the recent disposition of its cannabis-related businesses. The financial adjustments indicate significant losses and a substantial accumulated deficit. The results also suggest a need for the company to navigate its financial future carefully following this major transaction.
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ZSTK Sep 19, 2023ZSTKGeneral
Filed by newsfilecorp.com Flora Growth Corp. Announces Pricing of $2.7 Million Registered Direct Offering and Concurrent Private Placement
Flora Growth Corp. has announced a registered direct offering and concurrent private placement, totaling $2.7 million, with institutional investors purchasing 1,369,000 common shares and warrants. The offering is expected to close by September 21, 2023, contingent on customary conditions. The raised capital will be allocated to enhance operating capacity and for general corporate purposes. Additionally, the company plans to amend terms for previously issued warrants for certain investors in conjunction with this offering.
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ZSTK Sep 18, 2023ZSTKGeneral
Filed by newsfilecorp.com Flora Growth Corp. to Acquire Australian Vaporizers; Expects Immediate Profit Contribution
Flora Growth Corp. has entered into a definitive agreement to acquire Australian Vaporizers Pty Limited for 600,676 common shares, valued at $1.7 million. This acquisition, anticipated to close in Q4 2023, is expected to immediately contribute $5.2 million in revenues and $0.5 million in net income. Australian Vaporizers, a prominent retailer in Australia, has a strong track record with over 30,000 active customers. CEO Clifford Starke highlighted the acquisition's potential synergies with Flora's existing brands.
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ZSTK Aug 25, 2023ZSTKGeneral
Filed by newsfilecorp.com Flora Growth Corp. Unaudited Pro Forma Consolidated Statement of Loss and Comprehensive Loss (Stated in Thousands of United States Dollars)
Flora Growth Corp. has released its unaudited pro forma consolidated statement of loss for the year ending December 31, 2022, indicating substantial financial losses following the acquisition of Franchise Global Health Inc. The report reveals a net loss of approximately $75.6 million and significant operating expenses totaling over $81 million. The financial statement is intended for inclusion in the company's registration statement and does not predict the future performance or stability of the combined entity following the acquisition. The assumptions underlying the pro forma adjustments remain speculative, raising concerns about the company's financial outlook.
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ZSTK Aug 10, 2023ZSTKGeneral
Filed by newsfilecorp.com Flora Growth Corp. Reports Second Quarter 2023 Financial Results
Flora Growth Corp. reported its financial results for the second quarter of 2023, indicating a year-over-year revenue increase of 140% to $21.5 million. Despite the positive revenue growth, the company experienced a significant net loss of $44.6 million, primarily due to impairment and losses from discontinued operations. The CEO highlighted ongoing efforts in cost reduction and resource optimization as part of the company's transitional phase. Additionally, a board member's resignation was noted, marking a potential shift in company dynamics.
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ZSTK Jul 25, 2023ZSTKGeneral
Filed by newsfilecorp.com Flora Growth Corp. Announces Update on Sale of Colombian Assets; Expects Asset Sale to Contribute to Anticipated Annual Savings of US$6.1 million FORT LAUDERDALE, FLORIDA & TORONTO, ONTARIO
Flora Growth Corp. has announced the sale of its Colombian assets to a private company for C$0.8 million, aimed at achieving strategic cost reductions of US$6.1 million annually. The sale encompasses Flora's operations in Colombia, including a significant farm and various processing facilities. Despite the anticipated cost savings, the company has advised that its previously issued revenue guidance may no longer be reliable, and updated forecasts will be provided soon. Additionally, the company's General Counsel has resigned, raising concerns about leadership stability.
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ZSTK Jun 27, 2023ZSTKGeneral
Flora Growth Corp. appoints Clifford Starke as Chief Executive Officer and Dany Vaiman as Chief Financial Officer; Regains compliance with NASDAQ minimum bid requirement
Flora Growth Corp. has appointed Clifford Starke as CEO and Dany Vaiman as CFO while regaining compliance with NASDAQ's minimum bid requirement. Mr. Starke's leadership aims to capitalize on the growth opportunities in the cannabis sector, particularly in international markets. The company has a robust distribution network across 28 countries, providing a strategic foundation for expansion. However, the firm faces challenges such as past executive resignations and existing struggles within the cannabis industry related to policy and market conditions.
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ZSTK Jun 7, 2023ZSTKGeneral
Flora Growth Corp. to Effect Reverse Stock Split FORT LAUDERDALE, FLORIDA & TORONTO
Flora Growth Corp. has announced a reverse stock split at a ratio of 1-for-20, effective June 9, 2023. This decision was approved by shareholders during a recent meeting. The common shares will continue to trade under the existing ticker FLGC on the Nasdaq Capital Market. While the reverse stock split does not affect ownership percentages or voting rights, it does raise concerns over potential volatility and expectations surrounding future performance.
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ZSTK May 15, 2023ZSTKGeneral
Flora Growth Reports First Quarter 2023 Financial Results Flora generated $20.1 million in revenue in Q1 2023, a 307% increase year-over-year. Gross profit for Q1 2023 increased 105% year-over-year, to $5.5 million. Post
Flora Growth Corp. reported impressive financial results for Q1 2023, with revenue reaching $20.1 million, a 307% increase from the previous year. Gross profit also saw a significant rise of 105%, although the company faced a net loss of $3.9 million. CEO Hussein Rakine acknowledged challenges such as export delays and high operating expenses, which impacted liquidity. Efforts to optimize operations and reduce costs are ongoing as the company aims to enhance shareholder value in the future.
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ZSTK Apr 18, 2023ZSTKGeneral
Flora Growth Corp. Announces the Appointment of Hussein Rakine as CEO and Member of the Board of Directors
Flora Growth Corp. has announced the appointment of Hussein Rakine as CEO, following the resignation of Luis Merchan. Rakine, the founder of Just Brands, aims to lead the company through its next growth phase, highlighting the significant potential in the cannabis market. Merchan will assist with the transition and emphasized confidence in Flora's future. The company continues to commit to long-term success in the cannabis industry, noting the optimistic outlook due to changing global policies.
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ZSTK Mar 31, 2023ZSTKGeneral
Flora Growth Reports 2022 Year-End Financial Results: $37.2M in Revenue, 314% Growth Year-Over-Year Flora generated $37.2 million in revenue in FY2022, a 314% increase YoY Record Q4 2022 revenue increased to $11.5 millio
Flora Growth Corp. reported its 2022 financial results, showing substantial growth with a revenue of $37.2 million, marking a 314% increase year-over-year. Gross profit also rose significantly by 494%, reaching $14.4 million, contributing to a positive outlook for the company. Flora reaffirmed its 2023 revenue guidance of $90 million to $105 million, anticipating continued growth from its House of Brands and Commercial divisions. However, the company also reported an adjusted EBITDA loss and a net loss for the year, raising some concerns about long-term profitability.
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ZSTK Jan 30, 2023ZSTKGeneral
Flora Growth Issues 2023 Revenue Guidance of $90 Million to $105 Million Reflecting Anticipated Year Over Year Growth Exceeding 100% - Flora will host a webcast discussing 2023 guidance and recapping 2022 milestones at 4
Flora Growth Corp. has announced a revenue guidance ranging from $90 million to $105 million for the fiscal year 2023, indicating over 100% year-over-year growth. This forecast is supported by initiatives in their House of Brands and Commercial & Wholesale divisions, as well as the acquisition of Franchise Global Health. Flora also highlights its successful expansion into international markets and new product offerings. The announcement follows a positive performance in 2022, reflecting the company's strategic growth amid industry challenges.
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ZSTK Jan 6, 2023ZSTKGeneral
Flora Growth Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule FORT LAUDERDALE, FLORIDA, TORONTO, ONTARIO
Flora Growth Corp. has been granted an additional 180 days by Nasdaq to regain compliance with its minimum bid price requirement of $1.00 per share. This extension follows the expiration of a previous compliance period and allows the company until July 3, 2023, to meet this requirement, potentially through a reverse stock split. If the bid price does not rise above $1.00 within this timeframe, the company may face delisting, although it can appeal any such decision while remaining listed. The current notification has no immediate impact on share trading.
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ZSTK Dec 27, 2022ZSTKGeneral
Flora Growth Closes Acquisition of Franchise Global Health, Cementing Foothold in Germany and the European Union The transformative acquisition is expected to connect Flora Growth's Colombian-grown cannabis directly with
flora_ex991.htm EXHIBIT 99.1
Flora Growth Closes Acquisition of Franchise Global
Health, Cementing Foothold in Germany and the
The transformative acquisition is expected to connect Flora Growth's Colombian-grown cannabis directly with German-based pharmaceutical and medical
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ZSTK Dec 9, 2022ZSTKGeneral
Flora Growth Corp. Announces Pricing of $5.0 Million Registered Direct Offering FORT LAUDERDALE, FLORIDA & TORONTO
flora_ex991.htm EXHIBIT 99.1
Flora Growth Corp. Announces Pricing of $5.0 Million Registered Direct Offering
FORT LAUDERDALE, FLORIDA & TORONTO, December 9, 2022--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) ("Flora'' or the "Company"), a leading all-outdoor cultivator, m
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ZSTK Nov 28, 2022ZSTKGeneral
Flora Growth Reports Third Quarter 2022 Financial Results Revenue for the three-month period ended
flora_ex991.htm EXHIBIT 99.1
Flora Growth Reports Third Quarter 2022 Financial Results
Revenue for the three-month period ended September 30, 2022 was $10.8 million, an increase of 414% year over year Revenue for the nine-month period ended September 30, 2022 was $25.7 mill
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ZSTK Oct 21, 2022ZSTKGeneral
ARRANGEMENT AGREEMENT FLORA GROWTH CORP. - and
ARRANGEMENT AGREEMENT, DATED OCTOBER 21, 2022
flora_ex991.htm EXHIBIT 99.1
ARRANGEMENT AGREEMENT
FRANCHISE GLOBAL HEALTH INC.
_________________________
ARTICLE 1 INTERPRETATION 2 1.1. Defined Terms 2 1.2. Certain Rules of Interpretation 15 1.3. Schedules 16 ARTICLE 2 THE
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ZSTK Sep 19, 2022ZSTKGeneral
Flora Growth Corp. INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the six months ended
INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
For the six months ended June 30, 2022 and 2021
(Expressed in United States Dollars)
Flora Growth Corp. Interim Condensed Consolidated Statements of Financial Position (Unaudited - Prepared by Management) (in thousands
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ZSTK Aug 15, 2022ZSTKGeneral
Flora Growth Reports H1 2022 Financial Results H1 2022 revenue increased to ~$15.0 million, up 604% from H1 2021 and 117% from H2 2021, driven by House of Brands Gross Profit increased to ~$7.0 million, up 547% compared
flora_ex991.htm EXHIBIT 99.1
Flora Growth Reports H1 2022 Financial Results
H1 2022 revenue increased to ~$15.0 million, up 604% from H1 2021 and 117% from H2 2021, driven by House of Brands Gross Profit increased to ~$7.0 million, up 547% compared to H1 2021 and 363% compa
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ZSTK Jul 7, 2022ZSTKGeneral
EXECUTIVE EMPLOYMENT AGREEMENT This EXECUTIVE EMPLOYMENT AGREEMENT (" Agreement ") is made as of
EXECUTIVE EMPLOYMENT AGREEMENT
flora_ex991.htm EXHIBIT 99.1
EXECUTIVE EMPLOYMENT AGREEMENT
This EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is made as of July 7, 2022 (the "Agreement Date"), with an effective date of July 21, 2022 (the "Effective Date"), by Flora Growth Manag
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ZSTK Jul 6, 2022ZSTKConferences/Events
Flora Growth Announces Results of Annual Meeting of Shareholders; Appointment of Brandon Konigsberg to Board of Directors FORT LAUDERDALE, FLORIDA, TORONTO, ONTARIO
flora_ex991.htm EXHIBIT 99.1
Flora Growth Announces Results of Annual Meeting of Shareholders; Appointment of Brandon Konigsberg to Board of Directors
FORT LAUDERDALE, FLORIDA, TORONTO, ONTARIO - July 06, 2022 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a l
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ZSTK Jul 1, 2022ZSTKGeneral
FLORA GROWTH CORP. (the " Corporation ") BY-LAW NO. 1-A A by-law relating generally to the transaction of the business and affairs of the Corporation. CONTENTS Article 1 - Interpretation Article 2 - Business of the Corpo
flora_ex991.htm EXHIBIT 99.1
A by-law relating generally to the transaction of the business and affairs of the Corporation.
Article 1 - Interpretation Article 2 - Business of the Corporation Article 3 - Borrowing and Debt Obligations Article 4 - Directors Article 5 - Committees
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ZSTK Jun 16, 2022ZSTKGeneral
Flora Growth Corp. Announces $5 Million Share Repurchase Program FORT LAUDERDALE, FLORIDA, TORONTO, ONTARIO
flora_ex991.htm EXHIBIT 99.1
Flora Growth Corp. Announces $5 Million Share Repurchase Program
FORT LAUDERDALE, FLORIDA, TORONTO, ONTARIO - June 16, 2022 - Flora Growth Corp. (NASDAQ: FLGC) (the "Company" or "Flora") a leading all-outdoor cultivator, manufacturer and distributor
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ZSTK Jun 6, 2022ZSTKGeneral
FLORA GROWTH CORPORATION NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS Dear Flora Growth Corp. Shareholders: You are cordially invited to attend the annual and special meeting (the " Meeting ") of the common share
ANNUAL GENERAL MEETING CIRCULAR
FLORA GROWTH CORPORATION
NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
Dear Flora Growth Corp. Shareholders:
You are cordially invited to attend the annual and special meeting (the "Meeting") of the common shareholders of Flora Growth Co
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ZSTK May 10, 2022ZSTKGeneral
Flora Growth Reports Fiscal Year End 2021 Results Flora reports ~$9.0 million in revenue for FY 2021, versus $0.1M in FY 2020 Second Half 2021 revenues grew by 329% vs. First Half 2021 Unaudited Q1 2022 revenues show inc
flora_ex991.htm EXHIBIT 99.1
Flora Growth Reports Fiscal Year End 2021 Results
Flora reports ~$9.0 million in revenue for FY 2021, versus $0.1M in FY 2020 Second Half 2021 revenues grew by 329% vs. First Half 2021 Unaudited Q1 2022 revenues show increase of 450% over Q1 2021
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ZSTK Mar 17, 2022ZSTKGeneral
OF FLORA GROWTH CORP., DATED MARCH 17, 2022. Flora Growth Appoints Former Amazon Executive Tim Leslie to Its Board of Directors and Names CEO Luis Merchan Chairman Flora Growth's CEO Luis Merchan is named C
Flora Growth Appoints Former Amazon Executive Tim Leslie to Its Board of Directors and Names CEO Luis Merchan
TORONTO, ONTARIO - March 17, 2022 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global
cannabis
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ZSTK Feb 28, 2022ZSTKGeneral
OF FLORA GROWTH CORP., DATED FEBRUARY 28, 2022. Exhihbit 99.1 Flora Growth Completes Acquisition of Category Leading Wellness Brand JustCBD; Enhances U.S. Infrastructure and CPG Portfolio JustCBD is an esta
Flora Growth Completes Acquisition of Category Leading Wellness Brand JustCBD; Enhances U.S.
Infrastructure and CPG Portfolio
MIAMI, FLORIDA AND TORONTO, ONTARIO - February 28, 2022 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivato
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ZSTK Nov 23, 2021ZSTKGeneral
OF FLORA GROWTH CORP., DATED NOVEMBER 23, 2021. Flora Growth Closes $34.5 Million Public Offering MIAMI
Flora Growth Closes $34.5 Million Public Offering
MIAMI, FLORIDA AND TORONTO, ONTARIO - November 23, 2021
-- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced t
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ZSTK Nov 19, 2021ZSTKGeneral
OF FLORA GROWTH CORP., DATED NOVEMBER 19, 2021. Flora Growth Announces Pricing of $30 Million Public Offering MIAMI
Flora Growth Announces Pricing of $30 Million Public Offering
MIAMI, FLORIDA AND TORONTO, ONTARIO - November 19, 2021
-- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today
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ZSTK Nov 15, 2021ZSTKGeneral
OF FLORA GROWTH CORP., DATED NOVEMBER 15, 2021. Flora Growth Completes Acquisition of Vessel Brand Inc. Acquisition provides Flora with an immediate foothold in the North American cannabis market by acquiri
Flora Growth Completes Acquisition of Vessel Brand Inc.
TORONTO, ONTARIO - November 15, 2021 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announces today that it has clo
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ZSTK Sep 17, 2021ZSTKGeneral
OF FLORA GROWTH CORP., DATED SEPTEMBER 17, 2021. Flora Growth Announces Unaudited Financial Results for the Six Month Period Ended
Flora Growth Announces Unaudited Financial Results for the Six Month Period Ended June 30, 2021
TORONTO, ONTARIO - September 17, 2021 -- Flora Growth Corp. ("Flora" or the "Company') (NASDAQ: FLGC), an all-outdoor
cultivator and manufacturer of cannabis-derived products and bra
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ZSTK Aug 19, 2021ZSTKGeneral
OF FLORA GROWTH CORP., DATED AUGUST 19, 2021. Flora Growth Reports H1 2021 Financial Results and Provides Guidance for H2 Revenue Anticipated Between US$9-11M H1 Revenue of +$2M with a gross profit of ~60%
Flora Growth Reports H1 2021 Financial Results and
Provides Guidance for H2 Revenue Anticipated
MIAMI, FLORIDA AND TORONTO, ONTARIO - August 19, 2021 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora", "Flora Growth", or the "Company"), an all-outdoor cultivator and manufacturer of
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ZSTK Aug 13, 2021ZSTKGeneral
MR. STAN BHARTI RESIGNATION LETTER, EFFECTIVE AS OF AUGUST 5, 2021. RESIGNATION TO: THE BOARD OF DIRECTORS OF FLORA GROWTH CORP. (the "Corporation") I, Stan Bharti, do hereby tender my resignation as a Director of the Co
TO: THE BOARD OF DIRECTORS OF FLORA GROWTH CORP. (the "Corporation")
I, Stan Bharti, do hereby tender my resignation as a Director of the Corporation, effective immediately.
DATED as of the 5th day of August, 2021.
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ZSTK Jul 22, 2021ZSTKGeneral
DATED JULY 22, 2021 Flora Growth Announces Warrant Extensions TORONTO, ONTARIO
Flora Growth Announces Warrant Extensions
TORONTO, ONTARIO - July 22, 2021
-- Flora Growth Corp. (NASDAQ: FLGC) ("Flora", "Flora Growth" or the "Company"), a leading
all-outdoor cultivator and global manufacturer of cannabis-derived products and brands, is pleased to announce
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ZSTK May 13, 2021ZSTKGeneral
DATED MAY 13, 2021. Flora Growth Corp. Announces Closing of Initial Public Offering TORONTO, ONTARIO
Flora Growth Corp. Announces Closing of Initial Public Offering
TORONTO, ONTARIO - May 13, 2021 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the
"Company"), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, today announced the closing of it
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ZSTK May 11, 2021ZSTKGeneral
DATED MAY 11, 2021. Flora Growth Corp. Announces Pricing of Initial Public Offering TORONTO, ONTARIO
Flora Growth Corp. Announces Pricing of Initial Public Offering
TORONTO, ONTARIO - May 11, 2021 -- Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or
the "Company"), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, today announced the pricing of it
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