Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • ROOMS:

InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces a Reverse Stock Split

Flora Growth (NASDAQ: FLGC), a global cultivator, manufacturer and distributor of cannabis products and brands, will effect a reverse stock split. According to the announcement, the reverse stock split will be at a ratio of 1-for-20. The company has provided appropriate notice to the NASDAQ exchange, and it anticipates its common shares will start trading on a post-reverse stock split basis on June 9, 2023, when the market opens. The common shares will continue to trade under the ticker FLGC (“FLGC”). “The reverse stock split, within a ratio ranging between 1-for-5 and 1-for-25, was approved by the company’s shareholders at the company’s annual and special meeting of shareholders held on June 6, 2023, and is described in the proxy statement of the company dated May 10, 2023,” stated the company in the press release. “As a result of the reverse stock split, every 20 common shares issued and outstanding will be automatically reclassified into one new common share. The reverse stock split does not affect any shareholder’s ownership percentage of the common shares or modify any voting rights or other terms of the common shares.”

To view the full press release, visit

About Flora Growth Corp.

Flora Growth is a global cannabis company dedicated to bringing the benefits of cannabis to people worldwide. The company’s commitment is to create, master and connect the international cannabis supply chain by setting the standard for world-class cultivation and manufacturing, thoughtful brand development, and rigorous research and development of medical-grade cannabis products that meet the highest standards of quality, safety and efficacy. Flora Growth’s mission is to create a world where the benefits of cannabis are accessible to everyone, and the company is working toward that goal by becoming a leading importer and exporter of cannabis to meet demand in every corner of the market. For more information about the company, please visit

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office

InvestorWire is part of the InvestorBrandNetwork

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 & California Media Partners, LLC. All rights reserved.