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 all 50 states and 28 countries with 20,000+ points of distribution around the world, announced the pricing of its underwritten public offering (the "offering") of 1.7 million common shares (the "common shares") for aggregate gross proceeds of approximately $3.23 million, prior to deducting underwriting discounts and other offering expenses. the company's chief executive officer, clifford starke, and an existing investor have agreed to purchase, and have been allocated by aegis capital corp., common shares in the offering.
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