Flora Growth Rebrands to ZeroStack with $401M Treasury for Zero Gravity Blockchain Initiative

Flora Growth Corp., a Nasdaq-listed company, has announced a strategic rebranding to ZeroStack following a significant capital raise of $401 million. The funds are designated to support Zero Gravity (0G), a decentralized blockchain project focused on high-performance computational tasks. The initiative aims to facilitate the training of large-scale models with up to 107 billion parameters, positioning itself at the intersection of blockchain technology and advanced data processing. This move underscores the company’s pivot from its cannabis-focused origins to embracing cutting-edge distributed systems. The treasury-backed approach ensures robust financial support for 0G’s development and deployment, highlighting a commitment to scalability and innovation in the decentralized ecosystem. Industry observers note the potential implications for blockchain infrastructure, particularly in enhancing efficiency for resource-intensive applications. The rebrand reflects Flora Growth’s transformed corporate vision and alignment with emerging technological trends.