Flora Growth Corp. — Director's Dealing 2023

Jun 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Flora Growth Corp. (FLGC)
CIK: 0001790169
Period of Report: 2023-06-25-05:00

Reporting Person: Rakine Hussein (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-25-05:00	Common Shares	D	82100	—	Disposed	2500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	346250	Indirect

Footnotes

F1: On June 9, 2023, Flora Growth Corp. (the "Company") effectuated a 1-for-20 reverse stock split of its common shares. The amounts presented in this Form 4 reflect the effect of the reverse stock split on Reporting Person's holdings.

F2: On June 25, 2023, the Reporting Person resigned as the Chief Executive Officer of the Company. In connection with the Reporting Person's resignation, the Reporting Person entered into a Separation and Release Agreement with the Company, which provided for the forfeiture of 82,100 restricted common shares held by the Reporting Person upon his resignation as Chief Executive Officer.

F3: These shares are held by ASH Group of Florida LLC ("ASH Group"). Voting and dispositive power over the shares held by ASH Group is held by Ash Group's board of directors, which is comprised of Ali Rakine, Hussein Rakine, Hassan Rakine and Solhail Mitha. The Reporting Person disclaims beneficial ownership of all shares owned by Ash Group, except to the extent of his pecuniary interest therein.