Flora Growth (NASDAQ:FLGC) Stock Price Down 6.7% – Here’s Why

Posted by Tyrone Williams on Jun 15th, 2026

Flora Growth Corp. (NASDAQ:FLGC – Get Free Report) fell 6.7% on Monday . The stock traded as low as $4.56 and last traded at $4.56. 5,644 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 39,454 shares. The stock had previously closed at $4.8884.

Flora Growth Price Performance

The firm has a market cap of $4.77 million, a price-to-earnings ratio of -0.14 and a beta of 1.90. The firm has a fifty day simple moving average of $5.26 and a two-hundred day simple moving average of $7.03.

Institutional Investors Weigh In On Flora Growth

An institutional investor recently raised its position in Flora Growth stock. Geode Capital Management LLC grew its holdings in Flora Growth Corp. (NASDAQ:FLGC – Free Report) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 168,572 shares of the company’s stock after acquiring an additional 3,015 shares during the quarter. Geode Capital Management LLC owned 29.16% of Flora Growth worth $98,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 36.01% of the company’s stock.

Flora Growth Company Profile

(Get Free Report)

Flora Growth Corp (NASDAQ: FLGC) is a vertically integrated cannabis and hemp company engaged in the cultivation, extraction, formulation and distribution of cannabinoid-based products. Its portfolio encompasses a broad range of offerings, including oils, vape cartridges, edibles, topicals and patent-pending delivery systems designed for both medical and wellness applications.

Founded in 2018, Flora Growth has established cultivation and processing operations in Uruguay’s greenhouse hubs, complemented by extraction and formulation laboratories in Florida.