Flora Growth Corp
NASDAQ:FLGC
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Flora Growth Corp
Gross Margin
Flora Growth Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | CA |
| Market Cap | 20.7m USD |
| Gross Margin |
21%
|
| Country | FR |
| Market Cap | 177B EUR |
| Gross Margin |
74%
|
| Country | UK |
| Market Cap | 118B GBP |
| Gross Margin |
0%
|
| Country | IN |
| Market Cap | 5.8T INR |
| Gross Margin |
52%
|
| Country | UK |
| Market Cap | 34.2B GBP |
| Gross Margin |
62%
|
| Country | DE |
| Market Cap | 27.8B EUR |
| Gross Margin |
58%
|
| Country | US |
| Market Cap | 26.3B USD |
| Gross Margin |
72%
|
| Country | JP |
| Market Cap | 3T JPY |
| Gross Margin |
38%
|
| Country | IN |
| Market Cap | 1.3T INR |
| Gross Margin |
56%
|
| Country | IN |
| Market Cap | 935.5B INR |
| Gross Margin |
49%
|
| Country | US |
| Market Cap | 10.1B USD |
| Gross Margin |
35%
|
Flora Growth Corp
Glance View
Flora Growth Corp. engages in the production of organic cannabis and pharmaceutical-grade medical products. The company is headquartered in Toronto, Ontario and currently employs 162 full-time employees. The company went IPO on 2021-05-11. The firm cultivates and processes natural, medicinal-grade cannabis oil and cannabis-derived medical and wellbeing products. The company supplies these products to channel distributors, including pharmacies, medical clinics and cosmetic companies. The firm operates JustCBD, a CPG brand with a portfolio of approximately 300 products and an omnichannel approach that includes a direct-to-consumer business and a network of over 14,000 stores across the United States and other countries. The products under the brand portfolio include assorted gummies, tinctures, vape cartridges, creams, among many others. The company produces organic, pharmaceutical cannabidiol (CBD) oils to supply its product lines and to sell/export to third parties. Its offers third-party testing for all products on its Website and offers consumers a 30-day guarantee.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Flora Growth Corp's most recent financial statements, the company has Gross Margin of 20.8%.
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