Flora Growth Bets $401M on AI, Rebrands to ZeroStack

Flora Growth Bets $401 Million on AI, Rebrands to ZeroStack

Written by Aaron S.,

Editor-In-Chief

Last Updated: September 22, 2025

Key Takeaways

Flora Growth is launching a $40 million treasury initiative to support Zero Gravity, while rebranding to ZeroStack;
The investment includes $35 million in cash and $366 million in digital assets, mainly Zero Gravity tokens;
Flora continues its cannabis business, including its JustCBD brand and operations in Colombia and Europe.

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Flora Growth, a company listed on Nasdaq and known for its cannabis and CBD products, has started a $401 million treasury plan to help grow Zero Gravity, a blockchain-based artificial intelligence (AI) platform.

Flora will also change its name to ZeroStack, although it will continue to trade under the ticker FLGC, according to a September 19 press release.

This financial strategy is structured through a private placement, where $35 million will be provided in cash, and the remaining $366 million will come in the form of digital assets, mainly Zero Gravity tokens.

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While the company is expanding into digital technology, it has not abandoned its cannabis business. Flora built its foundation growing cannabis in Colombia and later expanded into the US market by acquiring JustCBD in 2022.

The treasury effort is being led by DeFi Development Corp. (DFDV), a firm with ties to the Solana ecosystem. Other partners include Hexstone Capital, Carlsberg SE Asia, Dao5, Abstract Ventures, and Dispersion Capital. Flora will also hold part of its digital reserves in SOL SOL $222.49 .

Zero Gravity’s technology focuses on improving how AI models use distributed systems. The team claims its system can train models with up to 107 billion parameters and is more efficient, up to 357 times, than other similar platforms.

Daniel Reis-Faria, who will step in as CEO, described the treasury initiative as a way to offer institutions a chance to invest in secure and transparent AI infrastructure through an equity-based structure.

Helius Medical Technologies, a company listed on Nasdaq, recently announced plans to build a $500 million reserve of Solana. How would the company achieve that? Read the full story.