Greenberg Traurig Advised Flora Growth Corp. on $34.5 Million Public Offering

MIAMI, Dec. 9, 2021 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, P.A. represented Flora Growth Corp., a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, in connection with its $34.5 million public offering.

The offering included 11.5 million units (Units), with each Unit consisting of one common share of the company and one-half warrant (Unit Warrant); each whole Unit Warrant entitling the holder thereof to purchase one common share. The Units were sold at a public offering price of $3.00 per Unit, resulting in gross proceeds to Flora of $34.5 million before commissions and estimated expenses. The Unit Warrants had an exercise price of $3.75 per share that were immediately exercisable.

The Greenberg Traurig team was led by Corporate Practice Shareholder Rebecca G. DiStefano. Also on the team were Corporate Practice Shareholders Marc M. Rossell, Joseph A. Herz, Yuta N. Delarck, and Flora R. Perez, Law Clerk/JD Sami B. Ghneim, and Associates Justin H. Kleckner, Macy K. Nix, and Grant J. Levine; Intellectual Property & Technology Practice Shareholder Manuel R. Valcarcel IV; and Tax Practice Shareholder Joseph J. Curran and Of Counsel Margaret J. Weil.

About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2300 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 25 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 4.0 Certified Plus. Web: http://www.gtlaw.com

Media Contact

Elaine Walker, Greenberg Traurig, P.A., 305-579-0832, [email protected]

SOURCE Greenberg Traurig, P.A.