CEO Starke Clifford buys 6,795 shares of FLGC at $0.95; holdings surge +13323.5% to 6,846 shares
Starke Clifford, CEO of Flora Growth Corp., purchased 6,795 shares at $0.95 on 2024-09-13, increasing his holdings from 51 shares to 6,846 shares—a +13323.5% increase in position size. This transaction follows a prior buy at the same ticker on 2024-09-05 and represents a consecutive accumulation pattern within nine days. Across his open-market history, his cross-ticker track record shows 2 prior buys with an avg 90d return of +1788.4% and a 100.00% 90d win rate; at FLGC specifically, his 2024-04-08 buy generated a 90d return of +1788.4%, indicating prior success timing buys at this ticker. The current stock price of $45.24 is -60.0% from the 52-week high of $113.10, yet trading +26.0% over the past 30 days and +13.7% over 90 days, suggesting recent momentum despite year-to-date weakness. The company remains unprofitable (latest quarter net income of $-2,630,000.00) and full-year net income was negative, though annual revenue growth of +104.6% indicates substantial business expansion; market cap stands at $604,702,043.40. The rapid, consecutive accumulation by the CEO at depressed valuations combined with his demonstrated execution track record warrants investor attention to Flora Growth's near-term trajectory.