Flora Growth Corp. (FLGC)

NASDAQ: FLGC · IEX Real-Time Price · USD
0.292
-0.008 (-2.67%)
At close: Jan 31, 2023, 4:00 PM
0.290
-0.002 (-0.68%)
Pre-market: Feb 1, 2023, 6:02 AM EST
-2.67%
Market Cap 38.95M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 133.41M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE 72.46
Dividend n/a
Ex-Dividend Date n/a
Volume 2,245,665
Open 0.291
Previous Close 0.300
Day's Range 0.270 - 0.300
52-Week Range 0.191 - 2.380
Beta n/a
Analysts Buy
Price Target 2.11 (+622.6%)
Earnings Date n/a

About FLGC

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... [Read more]

Sector Healthcare
IPO Date May 11, 2021
Employees 277
Stock Exchange NASDAQ
Ticker Symbol FLGC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for FLGC stock is "Buy." The 12-month stock price forecast is $2.11, which is an increase of 622.60% from the latest price.

Price Target
$2.11
(622.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Microcap cannabis stock Flora Growth rallies on revenue view

Flora Growth Corp. FLGC, stock rose 17% in premarket trades after the all-outdoor cultivator, manufacturer and distributor of cannabis products said it expects $90 million to $105 million in 2023 reve...

1 day ago - Market Watch

Flora Growth Issues 2023 Revenue Guidance of $90 Million to $105 Million Reflecting Anticipated Year Over Year Growth Exceeding 100%

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and ...

2 days ago - Business Wire

Flora Growth to Host 2022 Year End Review Webcast January 30, 2023

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) ("Flora" or the "Company"), a leading outdoor grower, manufacturer and distributor of cannabis products and brands...

6 days ago - Business Wire

Flora Growth Receives Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

3 weeks ago - Business Wire

Flora Growth Provides Update to International Commercial Cannabis Export Business

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

3 weeks ago - Business Wire

Flora Growth Closes Acquisition of Franchise Global Health, Cementing Foothold in Germany and the European Union

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

1 month ago - Business Wire

Franchise Global Health Inc. Completes Plan of Arrangement with Flora Growth Corp.

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2022) - Franchise Global Health Inc. (TSXV: FGH) ("Franchise Global" or the "Company"), a multi-national operator in the medical cannabis an...

1 month ago - Newsfile Corp

Flora Growth Corp. Announces Pricing of $5.0 Million Registered Direct Offering

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) ("Flora'' or the "Company"), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

1 month ago - Business Wire

Flora Growth Reports Third Quarter 2022 Financial Results

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

2 months ago - Business Wire

Flora Growth Sets Third Quarter 2022 Conference Call for November 28, 2022, at 4:30 P.M. ET

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

2 months ago - Business Wire

Flora Growth Completes Construction of Laboratory, Specializing in Prescription Cannabis Formulations

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis pro...

2 months ago - Business Wire

Flora Growth buys Franchise Global Health in all-stock cannabis deal in German market

Flora Growth Corp. FLGC, +3.65% said Monday it would issue up between 36.62 million and 43.53 million common shares to acquire Franchise Global Health Inc. FGH, +12.50% a multi-national medical cannab...

3 months ago - Market Watch

Flora Growth Completes Multiple Commercial Cannabis Exports Into New International Markets

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

4 months ago - Business Wire

Flora Growth Acquires No Cap Hemp Co., Bolstering Product Offering And Revenue Streams

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator, manufacturer and distributor of global cannabis products and ...

5 months ago - Business Wire

Flora Growth Reports H1 2022 Financial Results

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a manufacturer and distributor of global cannabis products and brands, reported today it...

6 months ago - Business Wire

Flora Growth Sets First Half 2022 Conference Call for August 15, 2022, at 4:30 p.m. ET

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

6 months ago - Business Wire

Flora Growth Announces Joint Venture with Colombia's Largest Indigenous Tribe to Process and Distribute Cannabis Products

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

6 months ago - Business Wire

Flora Growth CEO Meets With Colombian Senator as Bill to Legalize Recreational Cannabis Is Introduced

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

6 months ago - Business Wire

Flora Growth Taps Amazon Executive Elshad Garayev As Chief Financial Officer

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

7 months ago - Business Wire

Flora Growth Announces Results of Annual Meeting of Shareholders; Appointment of Brandon Konigsberg to Board of Directors

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

7 months ago - Business Wire

Flora Growth Congratulates Colombia's Pro-Cannabis President-Elect

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis produc...

8 months ago - Business Wire

Flora Growth Corp. Announces $5 Million Share Repurchase Program

FORT LAUDERDALE, Fla. & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (the “Company” or “Flora”) a leading all-outdoor cultivator, manufacturer and distributor of global cannabis product...

8 months ago - Business Wire