Hussein Rakine - 25 Jun 2023 Form 4 Insider Report for Flora Growth Corp. (FLGC)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLGC	Common Shares	Disposed to Issuer	$0	-82,100	-97%	$0.000000	2,500	25 Jun 2023	Direct	F1, F2
holding	FLGC	Common Shares						346,250	25 Jun 2023	See Footnote	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	On June 9, 2023, Flora Growth Corp. (the "Company") effectuated a 1-for-20 reverse stock split of its common shares. The amounts presented in this Form 4 reflect the effect of the reverse stock split on Reporting Person's holdings.
F2	On June 25, 2023, the Reporting Person resigned as the Chief Executive Officer of the Company. In connection with the Reporting Person's resignation, the Reporting Person entered into a Separation and Release Agreement with the Company, which provided for the forfeiture of 82,100 restricted common shares held by the Reporting Person upon his resignation as Chief Executive Officer.
F3	These shares are held by ASH Group of Florida LLC ("ASH Group"). Voting and dispositive power over the shares held by ASH Group is held by Ash Group's board of directors, which is comprised of Ali Rakine, Hussein Rakine, Hassan Rakine and Solhail Mitha. The Reporting Person disclaims beneficial ownership of all shares owned by Ash Group, except to the extent of his pecuniary interest therein.