Equity - Common
SEC Filing Type
Rolling Commitments ($USD)
Create a free account
today to gain access to KingsCrowd analytics.
Alcohol, Tobacco, & Recreational Drugs
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.