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Why Flora Growth Is Falling Today

·2 min read
Why Flora Growth Is Falling Today
In this article:
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What happened? Shares of emerging Canada-based cannabis company Flora Growth (NASDAQ: FLGC) are down 22% to $9.90 apiece as of 2:30 p.m. EDT. There was no news per se leading to the decline. However, the stock is up over 300% in the past two weeks, so profit-taking naturally took place.