Flora Growth

General Information

We cultivate and process natural, medicinal-grade cannabis oil and high quality cannabis derived medical and wellbeing products and intend to supply these premium products to large channel distributors, including pharmacies, medical clinics, and cosmetic companies. We are an early-stage private company headquartered in Canada.  Our agricultural and processing operations are in Colombia.  We are an emerging growth company and just began to generate revenues in August 2020 through our Flora Beauty LLC and Hemp Textiles subsidiaries, and in December 2020 following acquisitions of our Cronomed, Breeze, and Kasa subsidiaries. We will require the funding from this offering to begin to plant, grow and harvest our cannabis products on a commercial scale, to produce oil extracts, to access needed facilities and labor and to achieve large channel distribution of our products.

Industry: Medicinal Chemicals & Products
Employees: 35
Founded: 2019
Contact Information
Address 65 Queen Street West, Suite 900 Toronto, Ontario M5H 2M5
Phone Number 1 (416) 861-2267
Web Address http://www.floragrowth.ca.
View Prospectus: Flora Growth
Financial Information
Market Cap $189.09mil
Revenues $0.11 mil (last 12 months)
Net Income $-14.33 mil (last 12 months)
IPO Profile
Symbol FLGC
Exchange NASDAQ
Shares (millions): 3.3
Price range $5.00 - $5.00
Est. $ Volume $16.7 mil
Manager / Joint Managers Boustead Securities
CO-Managers -
Expected To Trade: 5/11/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change