FLGC News and Press, Flora Growth Corp. From 06/08/23

Flora Growth (NASDAQ: FLGC) , a global cultivator, manufacturer and distributor of cannabis products and brands, will effect a reverse stock split. According to the announcement, the reverse stock split will be at a ratio of 1-for-20. The company has provided appropriate notice to the NASDAQ exch...

2023-06-07 16:17:40 ET Cannabis products company Flora Growth ( NASDAQ: FLGC ) said on Wednesday that it will effect a 1-for-20 reverse stock split, effective June 9. The new CUSIP number for the shares is 339764201 and the new ISIN is CA3397642016. The company's shar...

Flora Growth Corp. (NASDAQ: FLGC ) (“Flora” or the “Company”), a global cultivator, manufacturer, and distributor of cannabis products and brands, announces that it will effect a reverse stock split, which shall become effective on June 9, 2023 at a ratio of 1-for-...

Flora Growth (NASDAQ: FLGC) , a global cultivator, manufacturer and distributor of cannabis products and brands, has announced a change to the location of its upcoming annual and special meeting of shareholders. The meeting is scheduled to begin at 9 a.m. on June 6, 2023, ET. The company announce...

Flora Growth Corp. (NASDAQ: FLGC ) (“Flora” or the “Company”), a global cultivator, manufacturer, and distributor of cannabis products and brands, announces a change to the location of its annual and special meeting of shareholders to be held on June 6, 2023 at 9:0...

Flora Growth (NASDAQ: FLGC) , a global cultivator, manufacturer and distributor of cannabis products and brands is reporting on its financial and operating results for the quarter ended March 31, 2023. Highlights of the report note that Flora generated $20.1 million in revenue during the quarter,...

2023-05-15 17:07:06 ET Flora Growth press release ( NASDAQ: FLGC ): Q1 GAAP EPS of -$0.03 beats by $0.01 . Revenue of $20.11M (+306.3% Y/Y) misses by $2.85M . For further details see: Flora Growth GAAP EPS of -$0.03 beats by $0.01, revenue of $20.11M miss...

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. Posting a net loss of $3.9 million for Q1 2023 (decreased from Q1 2022). New leadership plans to further reduce expenses an...

Flora Growth (NASDAQ: FLGC) , a leading cultivator, manufacturer and distributor of global cannabis products and brands, has appointed Hussein Rakine as CEO and a member of the board; the company also announced that Luis Merchan, board chair and CEO, had resigned both positions. Founder and CEO o...

2023-04-18 16:21:46 ET Flora Growth ( NASDAQ: FLGC ) said Luis Merchan had resigned as Chairman of the Board and the Chief Executive Officer. The company said the Board had appointed JustCBD founder, Hussein Rakine, as CEO. Press Release For further det...