Flora Growth Corp. Stock News

Flora Growth Corp. (NASDAQ: FLGC) (Flora or the Company), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced the pricing of an underwritten public offering of 10,000,000 units (the Units), with each Unit consisting of one common share and one-half warrant (the Unit Warrants), each whole Unit Warrant entitling the [] The post Flora Growth Announces Pricing of $30 Million Public Offeringv appeared first on Technical420 .

Flora Growth Corp. (NASDAQ: FLGC ) ("Flora" or the "Company"), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced the pricing of an underwritten public offering of 10,000,000 units (the "Units"), with each Unit consisting of one common share and one-half warrant (the "Unit Warrants"), each whole Unit Warrant entitling the holder thereof to purchase one Common Share. The Units are being sold at a public offering price of $3.00 per Unit. The Unit Warrants will have an exercise price of $3.75 per share, will be immediately exercisable and will expire five years from the date of issuance. The offering is expected to close on November 23, 2021, subject to customary closing conditions. A.G.P./Alliance Global Partners is the sole book-running manager for the public offering and BMO Capital Markets and Roth Capital Partners are acting as co-managers. MKM Partners is acting as a financial advisor to the Company. Flora has granted the underwriters a 45-day option to purchase up to 15% of the total number of Units to be offered by us pursuant to this offering (excluding Units subject to this option), solely for the purpose of covering over-allotments, if any, at the public offering price less the underwriting discount.

Shares of Flora Growth Corp (NASDAQ: FLGC) are down 35% in premarket trading on Friday after the cannabis company priced its public offering at a deep discount. Flora to sell 10 million shares at $3.0

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Investing In The Global Cannabis Market In 2021 The post Top Marijuana Stocks To Buy In November? 2 Global Companies For List Right Now appeared first on Marijuana Stocks | Cannabis Investments and Ne

Flora Growth Corp. (NASDAQ:FLGC) was the target of a large increase in short interest in October. As of October 29th, there was short interest totalling 1,030,000 shares, an increase of 84.7% from the October 14th total of 557,600 shares. Based on an average daily trading volume, of 2,860,000 shares, the days-to-cover ratio is currently 0.4 []

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 today that it has closed the acquisition of Vessel Brand Inc. (Vessel). As set forth below, Flora has acquired Vessel for aggregate consideration of US$30M, consisting of a combination of cash and the issuance of Flora common shares. We are incredibly excited to welcome the Vessel team into our Comp

Flora Growth promises a long-term growth story supplying the world with low-cost cannabis cultivation.

Flora Growth Corp. (NASDAQ:FLGC) confirmed Wednesday it has signed a definitive agreement with respect to the previously announced acquisition of 100% of Vessel Brand Inc. Under the deal, upon the clo

Welcome back to our weekly series,  Schaeffer's Cannabis Stock News Update , where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to sha

Welcome back to our weekly series,  Schaeffer's Cannabis Stock News Update , where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to sha

Flora Growth Corp. (NASDAQ:FLGC) announced Thursday that its Flora Lab division is launching a new cannabis wellness brand, dubbed Munzhi. Based in Miami and Toronto, the company said the new brand t

ROTH Capital Partners assumed coverage of Flora Growth Corporation (NASDAQ: FLGC) on Wednesday with a “buy” rating and are modeling shares to roughly double from current levels.  Analyst Scott Fo

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape

Flora Growth Corp (NASDAQ: FLGC) set up a new division it's calling Flora Pharma to begin scientific clinical trials globally, the Canadian cannabis company revealed in a press release on Wednesday. O