Flora Growth Corp. Announces First Purchase of 0G, the Fuel of the 0G Decentralized AI Network

Core Insights - Flora Growth Corp. is transitioning to ZeroStack and has made its first purchase of 0G cryptocurrency, acquiring 772,200 tokens at an average price of $2.59, following a $401 million fundraising effort [1][5] - The company aims to establish itself as a leading public vehicle for Decentralized AI exposure, with a long-term strategy to hold and stake the purchased 0G tokens [5][6] - As of October 6, 2025, the company holds a total of 122,538,335 0G tokens, valued at approximately $352 million, with a partially adjusted total of 9,809,754 common shares outstanding [7] Company Strategy - The acquisition of 0G is part of the company's broader vision to connect traditional investors with the Decentralized AI economy, creating a regulated and transparent pathway to 0G [5][6] - The company plans to leverage its treasury strategy to enhance the adoption of 0G and support the growth of the Decentralized AI network [5] Financial Metrics - Total 0G held: 122,538,335 tokens [7] - Total 0G equivalents held (USD): Approximately $352 million [7] - Partially adjusted total common shares outstanding: 9,809,754 shares [7] - 0G per share ("ZGPS"): 12.491 [7] - ZGPS (USD): $35.85 [7]