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Flora Growth Completes $3.2M Public Share Offering

Flora Growth Corp. (FLGC) has released an update.

Flora Growth Corp., a global leader in the cannabis industry, announced the successful closure of a $3.2 million public offering, involving the sale of 1.7 million common shares. The company’s CEO, Clifford Starke, participated in the purchase of shares, signaling confidence in the company’s direction. Funds from the offering are earmarked for general corporate and working capital purposes, supporting Flora Growth’s continued expansion.

For further insights into FLGC stock, check out TipRanks’ Stock Analysis page.

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