Once upon a time, in the sun-drenched swamps of Florida, a cannabis company decided enough was enough. Flora Growth Corp., a name that sounded like something from a botanical catalog, spilled the beans about a $401 million funding spree. Yes, four hundred and one million. Apparently, they’re now betting big on space-age finance, not just space weed.
The deal, led by the daring folks at DeFi Development Corp., Hexstone Capital, and the good people at Carlsberg SE Asia, promises more digital assets than you can shake a stick at-over $366 million worth of in-kind tokens, plus $35 million cold, hard cash. All this to fuel a bold new plan involving an AI-powered, zero gravity (0G) coin treasury strategy. Think of it as the company’s new secret weapon-kind of like turning a joint into a spaceship, but with less combustion and more blockchain.
Flora is ditching its old name and sprouting into Zerostack, slyly holding onto the ticker FLGC as if it were a favorite pot plant. They’re appointing 0G co-founder Michael Heinrich as the big boss-no, not the guy with the Master’s degree in botany, but a chairperson-while Daniel Reis-Faria takes the helm as CEO. Oh, and they’re planning to keep some tiny SOL holdings, just in case the cosmic flow of funds gets cloudy. All the proceeds from the PIPE will go toward snagging more 0G tokens, because what’s life without a little space-age digital magic? 🚀💰
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2025-09-22 14:57