Flora Growth Corp. (FLGC)
| Market Cap | 16.67M |
| Revenue (ttm) | 76.07M |
| Net Income (ttm) | -56.35M |
| Shares Out | 10.68M |
| EPS (ttm) | -7.75 |
| PE Ratio | n/a |
| Forward PE | 72.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 274,582 |
| Open | 1.700 |
| Previous Close | 1.680 |
| Day's Range | 1.470 - 1.730 |
| 52-Week Range | 0.171 - 5.480 |
| Beta | 1.91 |
| Analysts | Strong Buy |
| Price Target | 13.50 (+765.39%) |
| Earnings Date | May 13, 2024 |
About FLGC
Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products worldwide. It operates through three segments: House of Brands, Commercial and Wholesale, and Pharmaceuticals. The company cultivates, processes, and supplies medicinal-grade cannabis flower, and cannabis derived medical and wellness products. It also offers food and beverage, nutraceuticals, cannabis accessories and technology, personal care, and wellness; cannabidiol (CBD) der... [Read more]
Full Company ProfileFinancial Performance
In 2023, Flora Growth's revenue was $76.07 million, an increase of 127.75% compared to the previous year's $33.40 million. Losses were -$56.35 million, 7.06% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FLGC stock is "Strong Buy." The 12-month stock price forecast is $13.5, which is an increase of 765.39% from the latest price.
News
Flora Growth Corp. Enters into Definitive Agreement to Acquire TruHC
Acquisition capitalizes on TruHC's strategically built German cannabis platform, including: EU-GMP processing and production license GDP wholesale license for import / export EU-GMP certified customiz...
Flora Growth Enters Distribution Agreement to Expand Presence in Poland and Neighbouring Countries
Fort Lauderdale, Florida--(Newsfile Corp. - April 11, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving all ...
Flora Growth and IM Cannabis to Bring Vessel Products to the Israeli Market
Fort Lauderdale, Florida--(Newsfile Corp. - April 10, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving all ...
Aegis Capital Corp. Acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp. (NASDAQ:FLGC)
NEW YORK, NY / ACCESSWIRE / April 9, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $3.23 Million Underwritten Public Offering for Flora Growth Corp. (NASDAQ:FLGC). About Flora Growth Corp. ...
Clifford Starke Acquires Securities of Flora Growth Corp.
Panama City, Panama--(Newsfile Corp. - April 8, 2024) - Clifford Starke (the "Acquiror") announces, pursuant to the early warning requirements of Canadian securities legislation, that he has acquired ...
Flora Growth Corp. Announces Closing of $3.2 Million Underwritten Public Offering of Common Shares
Fort Lauderdale, Florida--(Newsfile Corp. - April 8, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distributor serving...
Flora Growth Corp. Announces Pricing of $3.2 Million Underwritten Public Offering of Common Shares
Fort Lauderdale, Florida--(Newsfile Corp. - April 4, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distributor serving...
Flora Growth Corp. Announces Launch of Proposed Underwritten Public Offering of Common Shares
Fort Lauderdale, Florida--(Newsfile Corp. - April 3, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distributor serving...
New Leader in German Cannabis Created with Acquisition of TruHC, Leading EU-GMP Medical Cannabis Producing Facility, on Historic Day Germany Legalizes Recreational Cannabis
Acquisition capitalizes on TruHC's leading German cannabis platform, including: EU-GMP processing and production license GDP wholesale license for import / export EU-GMP certified customizable modules...
April 2024's Green Giants: Leading Stocks in the Cannabis Sector
As April 2024 approaches, investors watch the marijuana stock market for potential momentum. The cannabis industry, especially in the U.S., has seen significant growth, driven by legislative advanceme...
Flora Growth to Partner with Althea Group Holdings on Vessel Distribution in UK
Fort Lauderdale, Florida--(Newsfile Corp. - March 28, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distrib...
Flora Growth Plans to Expand Leading Global Genetics Business in Germany
Fort Lauderdale, Florida--(Newsfile Corp. - March 25, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distrib...
Flora Growth Corp. Provides Update on Germany's Cannabis Legalization
Fort Lauderdale, Florida--(Newsfile Corp. - March 22, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distrib...
Cultivating Growth: Top U.S. Marijuana Stocks for March 2024
As we step into March 2024, the landscape of the U.S. cannabis industry continues to evolve, presenting intriguing opportunities for investors. With states progressively legalizing marijuana for medic...
Flora Growth Corp. Applauds Germany's Vote to Legalize Recreational Cannabis
Fort Lauderdale, Florida--(Newsfile Corp. - February 26, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical dist...
Flora Growth Corp. To Chair U.S. Hemp Roundtable Board of Directors
Fort Lauderdale, Florida--(Newsfile Corp. - January 22, 2024) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving al...
Cannabis Investing: Top Marijuana Stocks To Watch Today
So far marijuana stocks have slowly been having more market momentum. Much of this can be due to several factors that may continue to help. With the 2024 year just starting the anticipation of what's ...
Flora Growth Corp. Reports Record Q3 2023 with Net Income of $1.1 Million and EBITDA of $0.9 Million
Fort Lauderdale, Florida--(Newsfile Corp. - November 8, 2023) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a consumer-packaged goods leader and pharmaceutical distributor serving al...
Flora Growth Corp. Announces Resignation of Director
Fort Lauderdale, Florida--(Newsfile Corp. - October 16, 2023) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a global consumer-packaged goods leader and pharmaceutical distributor ser...
Flora Growth Corp. Announces Transition of Hussein Rakine from Director to Special Advisor
Fort Lauderdale, Florida--(Newsfile Corp. - October 2, 2023) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a global consumer-packaged goods leader and pharmaceutical distributor serv...
Top Marijuana Stocks To Buy And Hold The Rest Of 2023
It is possible that in Q3 of 2023, marijuana stocks begin to see better trading momentum. Now this can be due to several reasons but overall the cannabis industry is still evolving. What this means is...
Flora Growth Corp. Announces Pricing of $2.7 Million Registered Direct Offering and Concurrent Private Placement
Fort Lauderdale, Florida--(Newsfile Corp. - September 19, 2023) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a global consumer-packaged goods leader and pharmaceutical distributor s...
Flora Growth Corp. to Acquire Australian Vaporizers; Expects Immediate Profit Contribution
Fort Lauderdale, Florida--(Newsfile Corp. - September 18, 2023) - Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a global consumer-packaged goods leader and pharmaceutical distributor s...
Late August Green: Top Penny Stocks for the Last Week of August
Welcome to the intriguing world of marijuana stocks, where we will look at the top prospects for the next week in August 2023. These emerging opportunities in the cannabis sector have caught the inter...
Marijuana Penny Stocks on the Radar
As we enter the third week of August, investors interested in investigating the dynamic world of marijuana stocks will discover some exciting options. While established cannabis conglomerates continue...