Cannabis Producer Flora Growth Secures $401M to Expand Into Blockchain and AI

Key Highlights Flora Growth rebrands to ZeroStack after securing $401M New treasury strategy centers on 0G blockchain token Backed by DeFi firms, Solana, and major crypto exchanges A Bold Strategy Centered on Blockchain and AI Flora Growth, a cannabis and derivatives producer, has announced a sweeping transformation that combines a $401 million funding deal with a complete corporate ￰0￱ company will soon operate under the name ZeroStack while keeping its Nasdaq ticker ￰1￱ the core of the move is a new treasury strategy tied to 0G, the native token of the Zero Gravity ￰2￱ Gravity is a layer-one network designed for decentralized AI applications and built to be compatible with the Ethereum Virtual Machine (EVM).

According to the company’s statement, 0G Labs, the network’s developer, recently trained a model with 107 billion parameters using distributed clusters connected through limited-bandwidth ￰3￱ highlights the blockchain’s modular architecture for running AI solutions directly ￰4￱ Details and Market Impact As part of its strategic shift, Flora Growth revealed details of a $401 million private placement (PIPE). The deal attracted participants including DeFi Development Corp., Hexstone Capital, Carlsberg SE Asia PTE Ltd., and other major ￰5￱ breakdown of the funding includes $35 million in cash and $366 million in crypto assets, primarily denominated in 0G at a price of $3 per ￰6￱ transaction is scheduled to close on September 26, 2025, with proceeds earmarked to expand the company’s ￰7￱ Onorati, CEO of DeFi Development Corp., welcomed the partnership: “We are thrilled to partner with FLGC on this fundraising effort and look forward to developing a close partnership between 0G and ￰8￱ is excited to support Solana’s AI efforts.” Alongside its 0G strategy, the company confirmed that a portion of its reserves will be allocated to Solana (SOL).

The announcement had an immediate impact on the ￰9￱ premarket trading, FLGC stock spiked to $53 , signaling strong investor enthusiasm for the rebrand and blockchain-focused ￰10￱ Ahead The token generation event (TGE) for 0G is slated for September 22, 2025 , with major centralized exchanges such as Kraken and Gemini already confirming ￰11￱ this year, the 0G Foundation launched an $88.88 million fund to accelerate decentralized financial applications powered by artificial intelligence — a move that complements Flora Growth’s ￰12￱ the execution matches the vision, ZeroStack could position itself at the intersection of blockchain, AI, and next-generation finance.