---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-015303"
form_type: "8-K"
ticker: "ZSTK"
cik: "0001790169"
company_name: "ZeroStack Corp."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:17:34.361389+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flora Growth sells Colombian assets for C$0.8M; withdraws 2023 revenue guidance

## Summary
- Sale of Colombian assets (Cosechemos farm, processing facilities) for C$0.8M; expected close by July 31, 2023.
- Cumulative annual savings of US$6.1M projected; US$3.4M from this divestiture.
- Prior 2023 revenue guidance withdrawn and under reevaluation pending sale.
- General Counsel Matthew Cohen resigned effective July 19, 2023 for personal reasons.

## SEC filing metadata
- accession: 0001062993-23-015303
- form_type: 8-K
- ticker: ZSTK
- cik: 0001790169
- company_name: ZeroStack Corp.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1790169/000106299323015303/0001062993-23-015303-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1790169/000106299323015303/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-015303
- JSON: https://secwatch.observer/filing/0001062993-23-015303.json
- Plain text: https://secwatch.observer/filing/0001062993-23-015303.txt

## Key facts
- Executive change
  Matthew Cohen resigned as General Counsel at ZeroStack Corp..
  - Action: resigned
  - Role: General Counsel
  source text: On July 19, 2023, Matthew Cohen tendered his resignation as General Counsel of Flora Growth Corp., a corporation organized under the laws of the province of Ontario (the " Company "), with such resignation becoming effective on July 19, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1790169/000106299323015303/0001062993-23-015303-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.