Flora Growth Corp. (FLGC)

NASDAQ: FLGC · IEX Real-Time Price · USD
0.730
+0.010 (1.39%)
At close: Jun 24, 2022 4:00 PM
0.703
-0.027 (-3.753%)
After-hours: Jun 24, 2022 7:21 PM EDT
1.39%
Market Cap 56.17M
Revenue (ttm) 8.98M
Net Income (ttm) -21.36M
Shares Out 76.94M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE 72.46
Dividend n/a
Ex-Dividend Date n/a
Volume 801,137
Open 0.710
Previous Close 0.720
Day's Range 0.700 - 0.760
52-Week Range 0.610 - 21.450
Beta n/a
Analysts Buy
Price Target 5.27 (+621.9%)
Earnings Date Aug 9, 2022

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...]

Industry Drug Manufacturers-Specialty & Generic
IPO Date May 11, 2021
Employees 277
Stock Exchange NASDAQ
Ticker Symbol FLGC
Full Company Profile

Financial Performance

In 2021, Flora Growth's revenue was $8.98 million, an increase of 8,371.70% compared to the previous year's $106,000. Losses were -$21.36 million, 49.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for FLGC stock is "Buy." The 12-month stock price forecast is 5.27, which is an increase of 621.92% from the latest price.

Price Target
$5.27
(621.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 products...

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 products ...

Flora Growth Launches JustCBD on Amazon UK

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 products...

Flora Growth Acquires CBD Brand Masaya

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 products...

Flora Growth's Vessel Brand Launches Collaboration With Ricky Williams' Cannabis Brand Highsman

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 products...

Flora Growth Appoints Cannabis Regulatory Veteran Holly Bell as Vice President of Regulatory Affairs

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 products...

Flora Growth Establishes On-the-Ground Presence in UK and EU

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 products...

Flora Growth Launches Vessel in Canada; Signs Deal With Ontario Cannabis Store and Launches Vesselbrand.ca

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 product...

Flora Growth Reports Fiscal Year End 2021 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 products...

Flora Growth to Report Fiscal Year 2021 Results on May 10; Schedules Webcast

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

Flora Growth's MIND Naturals Launches New Skincare Line Ahead of Luxury Brand Conference in NYC

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

Flora Growth CEO, CSO Featured Speakers at Luxury Meets Cannabis Conference in New York

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth Streamlines Its Global Supply Chain With First-Ever Sourcing of Company's CBD Into Market-Ready Products

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora'' or the “Company”), a leading all-outdoor cultivator and manufacturer of cannabis products and brands, announced today that t...

Flora Growth's Newly Acquired, JustCBD, Signs Deal with Distribution Giant OTG Management to Sell CBD Products in Air...

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth's Newly Acquired JustBrands Appointed to Board of Directors at the US Hemp Roundtable

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth Recognizes Colombia's Completion of Cannabis Flower Export Rules, Prepares First Export Under New Regula...

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, is pleased to re...

Flora Growth CEO to Deliver Keynote Address at Plant Medicine Week Conference in Malta

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth to Expand Physical Presence in Europe Through JustCBD Partnership with Greenyard

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth Appoints Former Amazon Executive Tim Leslie to Its Board of Directors and Names CEO Luis Merchan Chairman

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth Receives 2022 Export Quota for 43,600kg of High THC Cannabis

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced that i...

Flora Growth Signs Agreement to Distribute Mind Naturals in the Hong Kong Region

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced today ...

Flora Growth Corp. (NASDAQ: FLGC) Breaks Out of M&A Gate in 2022

NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) -- NetworkNewsAudio -- Flora Growth Corp. (NASDAQ: FLGC) announces the availability of a broadcast titled, “2022 Primed after 2021's Record M&A Deals.”

Flora Completes Inaugural U.S. Import of CBD Food & Beverage Products from Colombia; Validates New Low-Cost Supply Ch...

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announces that i...

Flora Growth Corp. (NASDAQ: FLGC) Strengthens Position with Significant Acquisition

NEW YORK, March 02, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Flora Growth Corp. (NASDAQ: FLGC) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted ...

Flora's Consumer Technology Brand, Vessel, Signs Distribution Agreement with JustCBD Partner Speedy

MIAMI & TORONTO--(BUSINESS WIRE)--Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announces that i...