Flora Growth Stock Forecast, Price & News

-0.09 (-1.50 %)
(As of 09/16/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume1.86 million shs
Average Volume3.36 million shs
Market Capitalization$248.36 million
P/E RatioN/A
Dividend YieldN/A
30 days | 90 days | 365 days | Advanced Chart
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About Flora Growth

Flora Growth Corp., a cannabis company, cultivates, processes, and supplies cannabis products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis oil extracts and related products; manufactures and sells skincare and beauty products, such as gel cleanser, eye cream, moisturizer, and hydrating mask; manufactures dermo cosmetic products; and develops and sells pharmaceutical and over-the-counter products, including dietary supplements, phytotherapeutic and nutraceutical products, supplements, and related products. It also manufactures and sells hemp textiles products focuses on servicing the hospitality, medical, and clothing industries on a B2B basis; designs, produces, and supplies juices, chocolate, and chocolate related products to wholesale distributors, pharmacies, supermarkets, and online distributors; and offers and wellness products. The company's brand includes Mambe, Mind Naturals, Almost Virgin, Flora Lab, and Stardog Loungewear. The company was incorporated in 2019 and is headquartered in Toronto, Canada.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.70 out of 5 stars

Medical Sector

895th out of 1,352 stocks

Pharmaceutical Preparations Industry

442nd out of 665 stocks

Analyst Opinion: 3.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
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Flora Growth (NASDAQ:FLGC) Frequently Asked Questions

Is Flora Growth a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flora Growth in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Flora Growth stock.
View analyst ratings for Flora Growth
or view top-rated stocks.

What stocks does MarketBeat like better than Flora Growth?

Wall Street analysts have given Flora Growth a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Flora Growth wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Flora Growth?

Flora Growth saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 753,100 shares, a drop of 22.6% from the August 15th total of 972,500 shares. Based on an average trading volume of 4,260,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 2.3% of the company's stock are short sold.
View Flora Growth's Short Interest

What price target have analysts set for FLGC?

1 equities research analysts have issued 12-month target prices for Flora Growth's shares. Their forecasts range from $11.50 to $11.50. On average, they expect Flora Growth's share price to reach $11.50 in the next year. This suggests a possible upside of 94.6% from the stock's current price.
View analysts' price targets for Flora Growth
or view top-rated stocks among Wall Street analysts.

Who are Flora Growth's key executives?

Flora Growth's management team includes the following people:
  • Dr. Bernard Raymond Wilson F.C.A., FCPA, FCA, ICD.D, LLD(H), Exec. Chairman (Age 78)
  • Mr. Luis Merchan, Pres, CEO & Director (Age 39, Pay $200.5k)
  • Mr. Evan Veryard, VP of Investor Relations (Age 26, Pay $24.8k)
  • Mr. Damian Lopez, VP of Legal & Corp. Strategy (Age 38, Pay $435.75k)
  • Mr. Javier Franco, VP Agriculture
  • Mr. Lee Leiderman, Chief Financial Officer
  • Mr. James Williams, VP of Corp. Devel. (Age 31)
  • Mr. Jason Warnock, Chief Revenue Officer
  • Mr. Aaron Atin, Corp. Sec. (Age 37)

Who are some of Flora Growth's key competitors?

When did Flora Growth IPO?

(FLGC) raised $15 million in an initial public offering on Tuesday, May 11th 2021. The company issued 3,300,000 shares at a price of $4.00-$5.00 per share. Boustead Securities acted as the underwriter for the IPO.

What is Flora Growth's stock symbol?

Flora Growth trades on the NASDAQ under the ticker symbol "FLGC."

When does the company's lock-up period expire?

Flora Growth's lock-up period expires on Monday, November 8th. Flora Growth had issued 3,333,333 shares in its public offering on May 11th. The total size of the offering was $16,666,665 based on an initial share price of $5.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Who are Flora Growth's major shareholders?

Flora Growth's stock is owned by many different institutional and retail investors. Top institutional investors include Cobblestone Capital Advisors LLC NY (0.11%), Geode Capital Management LLC (0.04%), 360 Financial Inc. (0.03%), Morgan Stanley (0.02%) and Morgan Stanley (0.02%).

Which major investors are buying Flora Growth stock?

FLGC stock was acquired by a variety of institutional investors in the last quarter, including Cobblestone Capital Advisors LLC NY, Geode Capital Management LLC, 360 Financial Inc., Morgan Stanley, and Morgan Stanley.

How do I buy shares of Flora Growth?

Shares of FLGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Flora Growth's stock price today?

One share of FLGC stock can currently be purchased for approximately $5.91.

How much money does Flora Growth make?

Flora Growth has a market capitalization of $248.36 million and generates $110,000.00 in revenue each year.

What is Flora Growth's official website?

The official website for Flora Growth is

How can I contact Flora Growth?

The company can be reached via phone at 416-861-2267.

This page was last updated on 9/16/2021 by Staff
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