The post Nasdaq-Listed Cannabis Firm Makes Bold Pivot Into Blockchain and AI appeared on BitcoinEthereumNews.com. Blockchain 22 September 2025 | 03:00 A cannabis company is turning into a crypto-AI player – and Wall Street is taking notice. Flora Growth, which trades on Nasdaq under the ticker FLGC, has unveiled a $401 million financing deal that will transform its balance sheet and brand, making it the first publicly traded firm to hold Zero Gravity’s 0G token. The company plans to adopt the new name ZeroStack after the deal closes later this month. Investors appear enthusiastic: Flora’s shares spiked nearly 70% in after-hours trading on the news, a sharp reversal from the stock’s 32% slide this year. What makes the agreement unusual is its structure. Only $35 million is cash; the rest comes in digital assets = primarily 0G tokens valued at $3 each. If those valuations hold, Zero Gravity’s forthcoming blockchain would launch with a fully diluted value of around $3 billion, putting it in the same league as projects like Pudgy Penguins or Trump-backed World Liberty Financial. Backing Flora’s leap is a roster of well-known investors. DeFi Development Corp., the Solana-focused treasury group, is leading the placement along with Hexstone Capital and Carlsberg SE Asia, joined by Dao5, Dispersion Capital, Abstract Ventures, Salt, and Blockchain Builders Fund. DeFi Development’s Parker White stressed the firm didn’t liquidate any of its $480 million in SOL holdings to fund the deal, instead layering 0G exposure on top of its existing Solana position. For Zero Gravity Labs, the partnership adds another stamp of legitimacy ahead of its token airdrop and exchange debut. The project has already attracted $75 million in seed money and locked in a $250 million token purchase agreement from the 0G Foundation. Its aim: build a decentralized operating system that can train large AI models across distributed networks. In testnet, the team claims it successfully trained… The post Nasdaq-Listed Cannabis Firm Makes Bold Pivot Into Blockchain and AI appeared on BitcoinEthereumNews.com. Blockchain 22 September 2025 | 03:00 A cannabis company is turning into a crypto-AI player – and Wall Street is taking notice. Flora Growth, which trades on Nasdaq under the ticker FLGC, has unveiled a $401 million financing deal that will transform its balance sheet and brand, making it the first publicly traded firm to hold Zero Gravity’s 0G token. The company plans to adopt the new name ZeroStack after the deal closes later this month. Investors appear enthusiastic: Flora’s shares spiked nearly 70% in after-hours trading on the news, a sharp reversal from the stock’s 32% slide this year. What makes the agreement unusual is its structure. Only $35 million is cash; the rest comes in digital assets = primarily 0G tokens valued at $3 each. If those valuations hold, Zero Gravity’s forthcoming blockchain would launch with a fully diluted value of around $3 billion, putting it in the same league as projects like Pudgy Penguins or Trump-backed World Liberty Financial. Backing Flora’s leap is a roster of well-known investors. DeFi Development Corp., the Solana-focused treasury group, is leading the placement along with Hexstone Capital and Carlsberg SE Asia, joined by Dao5, Dispersion Capital, Abstract Ventures, Salt, and Blockchain Builders Fund. DeFi Development’s Parker White stressed the firm didn’t liquidate any of its $480 million in SOL holdings to fund the deal, instead layering 0G exposure on top of its existing Solana position. For Zero Gravity Labs, the partnership adds another stamp of legitimacy ahead of its token airdrop and exchange debut. The project has already attracted $75 million in seed money and locked in a $250 million token purchase agreement from the 0G Foundation. Its aim: build a decentralized operating system that can train large AI models across distributed networks. In testnet, the team claims it successfully trained…