FundedIQ
Community and Lifestyle

Flora Growth: Funding, Investors & Team (Sep 2026)

Flora Growth is a global cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of pharmaceuticals, cosmetics, hemp textiles, and food and beverage. The company makes organic cannabis oils, food and drink with added cannabidiol, and pharmaceutical-, medical-, and cosmetic-grade cannabis plant derivatives. Flora Growth was established in 2019 by

www.floragrowth.com LinkedIn Toronto, Canada 101-250 employees
Cannabis Medical Wellness
Total raised
$7.5M
Rounds
2
Latest
Undisclosed round
Dec 2024

Flora Growth has raised $7.5M across 2 funding rounds on record, the most recent an undisclosed round of $2.5M announced in Dec 2024.

That round is in line with the $2.3M median round size for Community and Lifestyle companies tracked on FundedIQ over the last two years.

Flora Growth Company Profile and Key Stats

Total funding raised
$7.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$2.5M in Dec 2024
Employees
101-250
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Dec 2024.

Flora Growth Funding Rounds

Date
Round
Amount
Undisclosed round
$2.5M
Undisclosed round
$5.0M

Flora Growth raised $5.0M in an undisclosed round announced in Dec 2022.

2 years later, an undisclosed round of $2.5M was announced in Dec 2024.

Flora Growth Founders and Leadership Team

Name
Role
Contact
Clifford Starke
Founder
Locked
Luis Merchan
CEO
Locked

Contact details for the Flora Growth team: 2 of 2 have an email address on file.

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Flora Growth Funding Compared to Other Community and Lifestyle Startups

Segment
Companies
Median round
3,081
$2.2M

Flora Growth's latest round of $2.5M is in line with the median round in Community and Lifestyle. Medians cover the last 24 months of disclosed rounds.

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Flora Growth Funding FAQs

What does Flora Growth do?

Flora Growth is a global cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of pharmaceuticals, cosmetics, hemp textiles, and food and beverage. The company makes organic cannabis oils, food and drink with added cannabidiol, and pharmaceutical-, medical-, and cosmetic-grade cannabis plant derivatives. Flora Growth was established in 2019 by

How much funding has Flora Growth raised?

Flora Growth has raised $7.5M across 2 rounds on record. The most recent is an undisclosed round of $2.5M announced in Dec 2024.

When did Flora Growth last raise funding?

Flora Growth's most recent funding round on record is an undisclosed round of $2.5M, announced in Dec 2024.

Who founded Flora Growth?

FundedIQ lists Clifford Starke (Founder) at Flora Growth.

Who is the CEO of Flora Growth?

Luis Merchan is listed as CEO at Flora Growth.

Where is Flora Growth headquartered?

Flora Growth is based in Toronto, Ontario, Canada.

How many employees does Flora Growth have?

Flora Growth is in the 101-250 employee band.

How does Flora Growth's funding compare to other Community and Lifestyle startups?

Flora Growth's latest round of $2.5M is in line with the $2.3M median round size for Community and Lifestyle companies on FundedIQ across 1,484 tracked companies over the last two years.

About FundedIQ's Flora Growth Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Flora Growth is left off this page rather than filled in.

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