Flora growth corp. announces closing of $3.2 million underwritten public offering of common shares

Fort lauderdale, florida--(newsfile corp. - april 8, 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 closing 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, purchased common shares in the offering.
FLGC Ratings Summary
FLGC Quant Ranking