Flora Growth regains Nasdaq compliance; shares jump

* Shares of Flora Growth Corp (NASDAQ:FLGC [https://seekingalpha.com/symbol/FLGC]) rose on Wednesday in the premarket trade, after the company said it has regained compliance with Nasdaq’s minimum bid price rule.
* The company received a notice from Nasdaq on Aug. 19 confirming that its stock had closed above the $1.00 threshold for 10 consecutive sessions, meeting the exchange’s listing standard.
* Flora was first notified of non-compliance in February after its shares traded below the $1.00 mark for 30 straight business days. The company had until late August to resolve the issue.
* The stock rose 8.04% to $1.51, before the bell.
* Source: Press Release [https://seekingalpha.com/pr/20206479-flora-regains-compliance-with-nasdaq-minimum-bid-requirement]

MORE ON FLORA GROWTH

* Flora Growth to effect 1-for-39 reverse stock split [https://seekingalpha.com/news/4475496-flora-growth-to-effect-1-for-39-reverse-stock-split]
* Seeking Alpha’s Quant Rating on Flora Growth  [https://seekingalpha.com/symbol/FLGC/ratings/quant-ratings]
* Historical earnings data for Flora Growth  [https://seekingalpha.com/symbol/FLGC/earnings]
* Financial information for Flora Growth  [https://seekingalpha.com/symbol/FLGC/income-statement]