Flora Growth Corp is an internationally-focused cannabis company that specializes in natural, low-cost cultivation methods. It supplies cannabis products to its divisions, offering the global cannabis market quality materials with which it can serve the people.

Flora Growth Corp (NASDAQ: FLGC)

Flora Growth has remained level since the stock hit the market, but it is currently jumping on positive news from the firm. Because its price is still relatively low, it represents a good growth stock for investors who want to enter the cannabis market.

Why is FLGC Moving?

FLGC is moving after news that the firm signed a Letter of Intent with Evergreen Pharmaceuticals to supply the company with derivatives and dried flower products. Expanding the business ensures that FLGC can continue growing in the future.

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Data for Flora Growth Corp as of July 29, 2021

Summary of Flora Growth Corp as of July 29, 2021:

• Price Change: $8.270 to $8.72

• 52 Week Low: $2.85

• 52 Week High: $10.23

• Market Cap: $347.536M

• P/E Ratio: -

• Dividend Yield: -

Significant Dates for Flora Growth Corp:

• Next Earnings Date: September 3, 2021

• First Earnings Date: August 8, 2021

• Ex-Dividend Date: -

• Dividend Payment Date: -

Technical Data of Flora Growth Corp as of July 29, 2021:

• RSI: n/a ⮕ Neutral

• MACD: Signal Line (n/a) MACD (n/a) ⮕ Neutral

• Bollinger Bands: Price ($8.72), 20-Day SMA ($3.9789), Lower Band ($3.84), Upper Band (n/a) ⮕ Neutral

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