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Flora Growth ( (FLGC) ) just unveiled an announcement.
Flora Growth Corp. has announced a 1-for-39 share consolidation, effective August 3, 2025, to increase the bid price of its common shares and regain compliance with Nasdaq’s listing requirements. This move, approved by shareholders, will not alter the rights or preferences of the shares and is expected to impact the company’s market positioning by potentially enhancing its stock’s attractiveness to investors.
The most recent analyst rating on (FLGC) stock is a Buy with a $1.50 price target. To see the full list of analyst forecasts on Flora Growth stock, see the FLGC Stock Forecast page.
Spark’s Take on FLGC Stock
According to Spark, TipRanks’ AI Analyst, FLGC is a Neutral.
Flora Growth’s overall stock score reflects significant financial challenges, with declining revenue, persistent losses, and high leverage posing substantial risks. Technical indicators are mixed, providing little positive momentum. The negative P/E ratio and lack of dividend yield further impact the stock’s attractiveness. These factors collectively result in a low overall stock score, emphasizing the need for strategic improvements.
To see Spark’s full report on FLGC stock, click here.
More about Flora Growth
Flora Growth Corp. operates in the cannabis industry, focusing on the cultivation and distribution of cannabis products. The company is listed on the Nasdaq Capital Market and aims to expand its market presence through strategic initiatives.
Average Trading Volume: 178,645
Technical Sentiment Signal: Sell
Current Market Cap: $14.67M
For an in-depth examination of FLGC stock, go to TipRanks’ Overview page.