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    SEC Form SC 13G filed by Flora Growth Corp.

    12/8/23 5:22:27 PM ET
    $FLGC
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $FLGC alert in real time by email
    SC 13G 1 sc13g-potxfloragrowthcorp.htm SC 13G - POTX/FLORA GROWTH CORP Document

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    SCHEDULE 13G
    INFORMATION STATEMENT TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b) (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (b)
    Flora Growth Corp.
    (Name of Issuer)
    Common Shares
    (Title of Class of Securities)
    339764201
    (CUSIP Number)
    November 30, 2023
    (Date of Event Which Requires Filing of This Statement)
    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
            x    Rule 13d-1 (b)
            o    Rule 13d-1 (c)
            o    Rule 13d-1 (d)

    *    The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

        The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




    CUSIP No. 339764201
    13G
    Page 2 of 4 Pages

    1
    NAME OF REPORTING PERSON

    Global X Management Company LLC
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o
       (b) o

    3
    SEC USE ONLY


    4
    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware
    NUMBER OF SHARES BENEFICIALLY
    OWNED BY EACH REPORTING PERSON WITH
    5
    SOLE VOTING POWER
    1,013,509**
    6
    SHARED VOTING POWER
    0
    7
    SOLE DISPOSITIVE POWER
    1,013,509**
    8
    SHARED DISPOSITIVE POWER
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    1,013,509**
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o


    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    12.35%
    12
    TYPE OF REPORTING PERSON (see instructions)

    IA

    ** See Item 4 of this Filing



    CUSIP No. 339764201
    13G
    Page 3 of 4 Pages
    Item 1.
    (a)
    Name of Issuer
    Flora Growth Corp.
    (b)
    Address of Issuer’s Principal Executive Offices
     3406 SW 26TH Terrace, Suite C-1
     Fort Lauderdale, FL 33312


    Item 2
    (a).
    (b). (c). Name, Principal Business Address, and Citizenship of Persons Filing:

    (1) Global X Management Company LLC (“GXMC”)
          605 3rd Avenue, 43rd Floor
          New York, NY 10158
          Citizenship: DE
    (d)
    Title of Class of Securities
    Common Shares
    (e)
    CUSIP Number
    339764201
    Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)
    o
    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
    (b)
    o
    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c)
    o
    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d)
    o
    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
    (e)
    x
    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
    (f)
    o
    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
    (g)
    o
    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
    (h)
    o
    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)
    o
    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)
    o
    Group, in accordance with §240.13d-1(b)(1)(ii)(J).






    CUSIP No. 339764201
    13G
    Page 4 of 4 Pages

    Item 4.  Ownership.

    The information in items 1 and 5 through 11 on the cover pages (p. 2 ) on Schedule 13G is hereby incorporated by reference.
    GXMC is a registered investment adviser that furnishes investment advice to the Global X Cannabis ETF (the “Fund”), a separate series of Global X Funds, an investment company registered under Section 8 of the Investment Company Act of 1940. As a result of its role as investment adviser to the Fund, GXMC may be deemed to be the beneficial owner of shares of Flora Growth Corp. held by the Fund. However, GXMC does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Fund and disclaims any ownership associated with such rights.
    Item 5.  Ownership of Five Percent or Less of a Class.
    Not Applicable.
    Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
    Global X Cannabis ETF, set forth in Item 4 above, has the right to receive all dividends from, and the proceeds from the sale of, the securities held in its respective account. These shares were acquired in the ordinary course of business, and not with the purpose of changing or influencing control of the issuer.
    Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
    Not Applicable.
    Item 8.  Identification and Classification of Members of the Group.
    Not Applicable.
    Item 9.  Notice of Dissolution of Group.
    Not Applicable.
    Item 10.  Certification.
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Global X Management Company LLC
    By: /s/ Thomas Park
    Name/Title: Thomas Park, Chief Executive Officer
    Date: December 8, 2023


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