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Flora Growth to Pivot From Cannabis to Blockchain AI in $401 Million Token-Led Deal

Shareholders vote this week to finalize a rebrand tied to 0G token distribution.

Overview

  • The financing comprises $35 million in cash and $366 million in 0G tokens priced at $3, implying roughly a $3 billion fully diluted value for Zero Gravity.
  • The private placement is led by Solana-focused DeFi Development Corp. with participation from Hexstone Capital, Carlsberg SE Asia and other backers, and Flora plans to add SOL to its treasury.
  • Flora plans to rebrand as ZeroStack upon closing, with the transaction targeted around September 26 pending shareholder approval.
  • The 0G Foundation has an imminent airdrop to early supporters and Binance has announced a listing, setting the stage for initial token trading.
  • Zero Gravity’s claimed 107-billion-parameter training and 357x efficiency gains remain project-reported and have not been independently verified, concentrating Flora’s exposure in pre-launch token economics.