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 rebrand. The company will soon operate under the name ZeroStack while keeping its Nasdaq ticker FLGC.
At the core of the move is a new treasury strategy tied to 0G, the native token of the Zero Gravity blockchain. Zero 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 internet. This highlights the blockchain’s modular architecture for running AI solutions directly on-chain.
Funding 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 backers.
The 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 token. The transaction is scheduled to close on September 26, 2025, with proceeds earmarked to expand the company’s portfolio.
Joseph 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 Solana. DFDV 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 market. In premarket trading, FLGC stock spiked to $53, signaling strong investor enthusiasm for the rebrand and blockchain-focused strategy.
Looking 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 listings.
Earlier 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 pivot.
If the execution matches the vision, ZeroStack could position itself at the intersection of blockchain, AI, and next-generation finance.