Flora Growth acquires United Beverage for $2.85M notes and 4.99% stock; insiders included as sellers

ZeroStack Corp.

Acquired 100% of United Beverage Distribution Inc., a cannabis-infused drink distributor, for $2,845,700 in 5-year 6% notes and 923,744 Flora shares (4.99% of outstanding).
Sellers include Flora directors Clifford Starke and Sammy Dorf, and CFO Dany Vaiman; disinterested directors approved.
Transaction closed February 4, 2025; agreement signed January 30, 2025.
Shares issued under Section 4(a)(2) exemption; no broker fees incurred.

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