UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 9, 2025
FLORA GROWTH CORP.
(Exact name of registrant as specified in its charter)
| Ontario | 001-40397 | Not Applicable |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
3230 W. Commercial Boulevard, Suite 180
Fort Lauderdale, Florida, United States
33132
(Address of principal executive offices) (ZIP Code)
Registrant’s telephone number, including area code: (954) 842-4989
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||
| Common Shares, no par value | FLGC | NASDAQ Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).
Emerging growth company ☑
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure
On October 9, 2025, Flora Growth Corp., a corporation organized under the laws of the Province of Ontario (the "Company") published a blog post related to an update on the Company's financials and progress. A copy of that blog post is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein in its entirety by reference. Such blog post, including any information that is incorporated herein, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the rules and regulations of the SEC thereunder, or the Exchange Act or the rules and regulations of the SEC thereunder, except as shall be expressly set forth by specific reference in such filing or document.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| 99.1 | Blog post of Flora Growth Corp. dated October 9, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Cautionary Statement Regarding Forward-Looking Statements
This report contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of $0G, the native cryptocurrency of the distributed AI infrastructure project 0G ("0G") and any associated impairment charges that the Company may incur as a result of a decrease in the market price of 0G below the value at which the Company's 0G are carried on its balance sheet; (ii) volatility in our share price, including due to future issuances of common shares and securities convertible into common shares; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company's 0G holdings; (vii) our ability to respond to general economic conditions; (viii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned "Risk Factors" in the Company's most recent Annual Report on Form 10-K and other reports and/or registration statements we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this report. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| FLORA GROWTH CORP. | ||
| Date: October 10, 2025 | By: | /s/ Dany Vaiman |
| Name: | Dany Vaiman | |
| Title: | Chief Financial Officer | |
Transparency First: An Update on ZeroStack's Financials and Progress
A detailed look at how ZeroStack is funded, who's backing us, and the financial foundation driving decentralized AI.
Oct 9, 2025

Hey ZeroStack community,
We're building something big together, and that means keeping you in the loop. Not just on the tech side, but on the financial side too.
How We're Funded
We've secured over $401 million in support, made up of digital assets, token allocations, convertible notes, and cash raises. Here's the breakdown:
• $0G Token Notes & Placement
• 50M $0G tokens (via a convertible note by Zero Gravity Labs Inc. (8.0% interest per annum), valued at $150M.
• 71.77M $0G tokens through our Token Private Placement, valued at $215.3M, including 50M $0G tokens received from Daniel Reis-Faria (our CEO), valued at $150M.
• All in, that's a big chunk of our Token Private Placement.
• Cash Raise
• $13.66M raised in cash by selling shares of FLGC.
• That's 116,340 common shares at $25.19 each (~$2.93M) + 425,929 pre-funded warrants (~$10.73M).
• Hexstone Capital, Carlsberg SE Asia PTE Ltd, Dao5, Abstract Ventures, Dispersion Capital, Blockchain Builders Fund, and Salt all joined in.
• Investors also received warrant coverage at 20%.
• Strategic Assets
• DeFi Dev Corp. contributed $22.88M in SOL via a convertible note (8.0% interest per annum).
• Valuations
• $0G was initially valued at $3.00 per token (based on an independent, third-party valuation).
• $0G is listed on Binance and may expand to other exchanges.
• As of October 8, $0G was trading at $2.78, giving us the 0G token a market cap of about $593M.
• FLGC is trading around $19.23 (as of October 8, 2025).
Token Generation Event (TGE)
On September 22, 2025, the 0G Foundation launched the $0G token alongside the Aristotle mainnet-infrastructure built for decentralized AI applications.
• 1 billion tokens created.
• 213.24M tokens (21.32%) in initial circulation.
• 44% allocated to team, advisors, and contributors.
• 56% for the community.
• Unlock schedule:
• Team, advisors and contributors: locked for 12 months from launch, vesting thereafter monthly over 36 months.
• Community tokens: 38% unlocked at TGE, the remainder unlocks over 24-36 months.
AI Alignment Node Sale
0G also launched an AI Alignment Node program:
• 175,500 node licenses sold → raising $30M.
• 15% of the total $0G supply (150M tokens) allocated as rewards.
• Each node is guaranteed at least ~854 $0G tokens over the course of the program.
Leadership
We've brought in some new leadership and kept some from Flora Growth:
• Daniel Reis-Faria appointed CEO and board director.
• Michael Heinrich appointed Executive Chairman and board director.
• Dany Vaiman is remaining in his role as CFO.
• Together, they're steering the ship with a long-term vision for ZeroStack
Why This Matters
We don't want you guessing about what's happening at ZeroStack. This level of transparency is how we build trust, keep momentum, and show that ZeroStack is here to play the long game.
We're investing in not just a token, but an entire ecosystem for decentralized AI. The financial foundation is what makes that possible.
Thanks for being on this journey with us. We'll keep showing up with updates like this because building in public is how we grow together.
Onward,
The ZeroStack Team
Disclaimer: This is for informational purposes only and reflects publicly announced developments, milestones, and media coverage related to ZeroStack ("the Company"). The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor should it be relied upon as investment advice or a recommendation regarding any securities. Certain statements in this post may constitute "forward-looking statements" within the meaning of applicable securities laws. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or events to differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of publication. ZeroStack undertakes no obligation to update any forward-looking statements, except as required by law. All information is accurate as of the date posted and is subject to change without notice.