$FLGC Shares of Flora Growth Rise Above Previous 52-Week High

Shares of Flora Growth Corp. (NASDAQ:FLGC) traded at a new 52-week high today of $6.60. This new high was reached on above average trading volume as 940,000 shares traded hands, while the average 30-day volume is approximately 655,000 shares.

Flora Growth Corp is a vertically integrated cannabis company. It is focused on becoming the largest producer of low-cost naturally grown medicinal-grade cannabis oils, CBD-infused foods and beverages, and pharmaceutical-grade medical and cosmetic-grade derivatives from the cannabis plant. It prioritizes organic ingredients and value-chain sustainability across its portfolio to create products that help consumers restore and thrive.

Based on a current price of $5.76, Flora Growth Corp. is currently 12.0% above its average consensus analyst price target of $5.07.

In the past 52 weeks, shares of Flora Growth Corp. have traded between a low of $2.85 and a high of $6.60 and is now at $5.76, which is 102% above that low price.

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