Flora Enters Crypto Space with Strategic Investments in Ethereum, Solana, Sui and Ripple
May 05, 2025 8:01 AM EDT | Source: Flora Growth Corp.
Fort Lauderdale, Florida–(Newsfile Corp. – May 5, 2025) – Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) (“Flora” or the “Company”) today announced an investment into the cryptocurrency and blockchain sector. As part of this transaction, the Company has established a strategic long-term crypto portfolio anchored by US$1 million in leading blockchain assets: US$400,000 in Ethereum, US$400,000 in Solana, US$100,000 in Sui and US$100,000 in Ripple.
This move marks Flora’s commitment to strengthening its balance sheet with the long-term objective of building a portfolio of disruptive crypto assets and technologies that will define the next generation of global commerce and…
