$401M AI Token Treasury ($0G) Set Up by Flora Growth

The first decentralized AI treasury

In a move that combines the world of traditional cannabis finance with cutting-edge blockchain technology, Nasdaq-listed Flora Growth Corp. (FLGC) has shocked the market with a $401 million private placement to anchor its capital to the Zero Gravity (0G) native token, the first modular AI blockchain. Announced on September 19, the deal — which includes $35 million in cash and $366 million in physical digital assets, primarily 0G tokens — positions Flora as the first public company to hold a significant reserve in AI tokens ahead of its launch. The event comes just days before the 0G Fund’s highly anticipated token airdrop to early community supporters, scheduled for Monday, September 22, followed by an exchange listing.

The transaction, led by Solana’s treasury specialist DeFi Development Corp. (DFDV) with a $22.88 million anchor investment, values ​​0G at $3 per token, implying a fully diluted valuation (FDV) of $3 billion for the protocol.

The closing is expected to take place on September 26, subject to shareholder approval, with selected investors receiving pre-funded warrants tied to their 0G holdings. As Flora prepares to rebrand as ZeroStack—while keeping the ticker FLGC—the deal signals a dramatic shift from its roots in cannabis cultivation and derivatives to becoming “the first and largest decentralized AI treasury company.”

What is Zero Gravity (0G)?

To grasp the benefits, we must explore 0G itself. Developed by Zero Gravity Labs (0G Labs), the protocol is billed as “the first large AI blockchain,” designed for infinite scalability in distributed AI applications. Unlike centralized giants like OpenAI, 0G enables on-chain training of massive models — recently demonstrated by running a 107 billion-parameter AI across low-bandwidth distributed clusters, 357 times more efficient than Google’s DiLoCo platform. Key technical pillars include:

• Separating data availability, execution, and billing to create seamless AI workloads.

• Leverage off-chain scalability while maintaining on-chain verification.

• Integrating zero-knowledge proofs for safe, auditable AI in regulated industries like cannabis.

0G Labs has raised $75 million in seed funding and signed a $250 million token purchase agreement with the 0G Foundation, an independent organization that manages the protocol. Earlier this year, the Foundation launched an $88.88 million fund for AI-powered DeFi applications, underscoring 0G's ambitions to bridge Web3 and machine learning. 0G's incoming CEO, Daniel Reis-Faria, has emphasized the role of the treasury in providing "transparent, privacy-focused AI infrastructure for institutional investors." From a cannabis perspective, 0G's technology could transform the supply chain—optimizing yields with predictive analytics, automating compliance through verifiable audits, and enabling cross-chain tokenization of derivative products. ZeroStack's strategy envisions 0G as a "prime reserve asset," capable of revolutionizing the way traditional crypto industries operate.

Fueling the next wave of adoption

Monday’s airdrop was the highlight of the event, distributing 0G to farmers who participated through the testnet and providing liquidity. Unlike heavy sybil drops, 0G’s criteria emphasizes verifiable contributions, potentially reducing selling pressure. After the airdrop, the Foundation’s $88.88 million ecosystem fund will support decentralized applications (dApps) ranging from AI-driven trading bots to cannabis traceability tools.

Evaluation and Conclusion

Flora’s $401 million deal is more than just a treasury transaction—it’s a manifesto for convergence. By embedding 0G at its core, ZeroStack can pioneer AI-powered finance for untapped sectors, from agritech to tokenized RWAs. Success depends on execution: completing the airdrop, generating Solana resonance, and navigating regulations.

Disclaimer: The information presented in this article is the author's personal opinion in the cryptocurrency field. It is not intended to be financial or investment advice. Any investment decision should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official position of the platform. We recommend that readers conduct their own research and consult with a professional before making any investment decisions.