Flora Growth

Flora Growth

Early Stage

Building the world’s largest and lowest-cost vertically-integrated producer of organic cannabis products.

Building the world’s largest and lowest-cost vertically-integrated producer of organic cannabis products.

Overview

Raised this Round: Raised: $32,403,600

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

12/18/2019

Close Date

12/12/2020

Min. Goal
$10
Max. Goal
$50,000,000
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.75

Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

AgriTech

Location

Toronto, Ontario

Flora Growth, with a pre-money valuation of $57 million, is raising funds through Reg A+ crowdfunding. The company makes and sells high-quality organic CBD oils and derivatives. The products of Flora Growth find use in the worldwide cosmetic, pharmaceutical, and food and beverage industries. Flora Growth is led by Damian Lopez and Deborah Battiston. The current crowdfunding round has no minimum goal and a maximum goal of $50,000,000, and the proceeds will be used for research and development, working capital, and general corporate purposes. Flora Growth is fully licensed and plans to cultivate 100 hectares of cannabis, with Colombia as its hub for cannabis operations. The company has letters of intent with companies for CBD oil to be used in their coffees, juices, creams, lotions, capsules, and panela.
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Flora Growth on Issuance
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $0.75

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