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Flora Growth Corp. Announces Name Change to ZeroStack Corp., Furthering Its Strategy as an AI-Focused Asset Management Company
TMX Newsfile· 2026-01-27 13:00
Core Viewpoint - Flora Growth Corp. will change its corporate name to "ZeroStack Corp." effective around January 29, 2026, with its common shares trading under the new symbol "ZSTK" on the Nasdaq [1][4]. Group 1: Name and Ticker Change - The name and ticker change reflects the company's evolution towards an AI-focused asset management strategy, with its first investment in $0G, the native asset of the 0G decentralized AI operating system [2]. - The transition to ZeroStack Corp. aligns the company's public identity with its focus on decentralized AI and a disciplined, yield-based asset management strategy [4]. Group 2: Business Focus and Strategy - ZeroStack aims to provide exposure to decentralized AI through a concentrated digital asset approach, generating yield and fee-based income from staking validators, compute power technology companies, and complementary businesses within the $0G ecosystem [3]. - The company holds approximately 123 million $0G tokens, which are integral to its strategy in the decentralized AI landscape [3]. Group 3: Company Background - Flora Growth Corp., soon to be rebranded as ZeroStack, is the first Nasdaq-listed asset management company focused on decentralized AI exposure and also operates a global pharmaceutical distribution business through its subsidiary, Phatebo GmbH [5].