Flora Growth $401M AI Bet on Zero Gravity, Renames ZeroStack
Flora Growth has unveiled a $401 million treasury plan to back Zero Gravity, a decentralized AI blockchain platform. The funding comprises $35 million in cash and $366 million in digital assets, mainly 0G tokens. Under this treasury plan, the Nasdaq-listed firm will also hold SOL tokens and rebrand as ZeroStack while retaining its FLGC ticker.
Under this treasury plan, the private placement is led by Solana treasury firm DeFi Development Corp., with Hexstone Capital, Jardine Matheson’s Southeast Asia unit and Carlsberg SE Asia among investors. Zero Gravity’s infrastructure supports training up to 1.07 trillion-parameter models with claimed 357× efficiency gains. Incoming CEO Daniel Reis-Faria said the initiative offers institutions transparent, privacy-first AI exposure. The deal, which boosted Flora Growth’s share price by 5%, is expected to close on September 26, pending shareholder approval.
Bullish
This news is bullish for the 0G token market. The $401 million treasury plan locks in a large volume of 0G tokens as corporate reserves, signaling strong institutional support. Combined with SOL holdings and a rebrand to ZeroStack, it boosts market confidence and media exposure. In the short term, token demand should rise around the private placement and shareholding vote. Over the long term, the partnership with DeFi Development Corp. and high-efficiency AI claims may drive sustained interest and liquidity for 0G tokens.