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Week of Expected Pricing 5/12/2021
Company Name FLORA GROWTH CORP
Proposed Ticker FLGC
CUSIP 339764102
Business Description The cultivate and process natural, medicinal-grade cannabis oil and high qualitycannabis 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.
Lead Underwriter Boustead Securities, LLC
Co-Managers N/A
Initial Shares 33,33,333
Revised Initial Shares N/A
Initial Price $4.00-$5.00
Revised Price N/A
Final Price $5.00
Final Ticker FLGC

 

 

   
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