Flora Growth Corp., rebranding as ZeroStack, has completed its first acquisition of

tokens, the native cryptocurrency of the 0G decentralized AI infrastructure project, marking a strategic shift in its business model. The company announced the purchase of 772,200 0G tokens at an average price of $2.59 per token, totaling approximately $2 million. This acquisition follows a $401 million fundraising effort and aligns with its goal to establish the world's first publicly listed 0G treasury. As of October 6, 2025, holds 122,538,335 0G tokens, representing a total value of approximately $352 million, based on a 0G price of $2.87 at the time of calculation. The newly acquired tokens are intended for long-term staking to generate native yield.

The company's treasury strategy emphasizes exposure to 0G, which operates on a blockchain designed for decentralized AI applications. The 0G Network, compatible with the

Virtual Machine (EVM), aims to provide scalable infrastructure for distributed AI solutions. Flora Growth's management highlighted that the 0G purchase represents a milestone in its mission to bridge traditional investors with the decentralized AI economy through a regulated, transparent framework. Daniel Reis-Faria, the incoming CEO, stated, "This initial 0G purchase represents an important milestone in the Company's mission to become the go-to public vehicle for Decentralized AI exposure," underscoring the company's commitment to fostering adoption of the 0G ecosystem.

Financial details of the transaction reveal that Flora Growth's partially adjusted total common shares outstanding stand at 9,809,754, resulting in a 0G per share (ZGPS) ratio of 12.491 tokens, equivalent to approximately $35.85 per share. The company's rebranding to ZeroStack reflects its pivot from cannabis and pharmaceutical distribution to a focus on decentralized AI infrastructure. This transition is supported by a diversified funding structure, including $35 million in cash and $366 million in crypto assets, primarily in 0G tokens, secured through a private placement deal.

The strategic acquisition of 0G tokens is part of a broader initiative to position Flora Growth as a leader in the decentralized AI sector. The company's vision includes leveraging 0G's modular architecture, which has already demonstrated capabilities such as training a 107-billion-parameter AI model using distributed clusters. Additionally, the 0G Foundation's $88.88 million fund to accelerate AI-powered decentralized finance (DeFi) applications further complements Flora Growth's strategic direction.

Market reactions to the announcement were positive, with Flora Growth's stock price surging to $53 in premarket trading following the rebranding and fundraising news. The company's forward-looking statements caution that fluctuations in 0G's market price, regulatory uncertainties, and broader economic conditions could impact future performance. However, the management emphasized confidence in the long-term potential of the 0G Network and its alignment with the evolving AI and blockchain landscape.