Private company
Gold Flora Corp.
We are a single state operator ("SSO") in California and operate as a vertically integrated, licensed, group of cannabis companies.4 From its latest annual report
Last updated Oct 19, 2026.
Overview
- IndustryAgricultural Production-Crops2
- HeadquartersCosta Mesa, United States2
- Incorporated inDE3
- Business address3165 Red Hill Avenue, Costa Mesa, Ca 926263
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI2549000Y0DL8YSDA6P772
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 75462232
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We are a single state operator ("SSO") in California and operate as a vertically integrated, licensed, group of cannabis companies. The Company's long-term strategy is to continue to be one of the leading cannabis companies in California. The strategy is to build on the Company's strong integrated market position to pursue profitable organic and selective strategic opportunities with a focus on sustainable cash flow. Our operations consist of:4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue38¢$58.5M
- Selling, general and admin42¢$63.8M
- Interest13¢$19.6M
- Income tax7¢$10.1M
Out of $91.0M in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | $79.9M6 | $65.7M5 | $91.0M5 | ||
| Cost of revenue | $66.9M6 | $50.0M5 | $58.5M5 | ||
| Gross profit | $13.0M6 | $15.7M5 | $32.5M5 | ||
| Research and development | $07 | $32.3K7 | |||
| Selling, general and admin | $26.1M5 | $63.8M5 | |||
| Operating expenses | $171.4M6 | $12.5M5 | $79.2M5 | ||
| Operating income | -$8.8M7 | -$733.9M6 | $3.2M5 | -$46.7M5 | |
| Interest | $07 | $5.2M6 | $20.7M5 | $19.6M5 | |
| Income before tax | -$504.7M6 | -$252.7M6 | |||
| Income tax | $07 | -$6.4M6 | $5.3M5 | $10.1M5 | |
| Net income | -$6.5M7 | -$587.1M6 | -$21.3M5 | -$42.6M5 | |
| Earnings per share | -$0.245 | -$0.235 | |||
| Earnings per share (diluted) | -$0.245 | -$0.235 | |||
| Shares (weighted, basic) | 94.5M shares5 | 188.4M shares5 | |||
| Shares (weighted, diluted) | 94.5M shares5 | 188.4M shares5 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash | $580.3M7 | $582.6M6 | $165.3M6 | $5.2M5 | $22.5M5 |
| Receivables | $4.7M6 | $2.2M5 | $1.8M5 | ||
| Inventory | $22.2M6 | $7.8M5 | $18.4M5 | ||
| Current assets | $607.6M7 | $224.8M6 | $19.7M5 | $52.9M5 | |
| Property, plant and equipment | $22.2M6 | $26.0M5 | $39.2M5 | ||
| Goodwill | $23.0M6 | $11.1M5 | $05 | ||
| Intangible assets | $212.6M6 | $37.8M5 | $46.1M5 | ||
| Total assets | $607.7M7 | $571.5M6 | $161.9M5 | $226.4M5 | |
| Accounts payable | $8.1M5 | $13.3M5 | |||
| Current liabilities | $28.3M7 | $58.7M6 | $53.2M5 | $87.7M5 | |
| Long-term debt | $28.2M5 | ||||
| Total liabilities | $28.3M7 | $168.9M6 | $185.5M5 | $233.6M5 | |
| Retained earnings | $593.0M6 | -$67.4M5 | -$110.8M5 | ||
| Shareholders’ equity | $589.0K7 | -$28.3M6 | $361.1M6 | -$23.8M5 | -$7.4M5 |
| Shares outstanding | 97.1M shares6 | 94.8M shares5 | 287.5M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash from operations | $2.4M7 | -$128.4M6 | -$15.1M5 | -$31.2M5 | |
| Depreciation and amortization | $22.4M6 | $8.4M5 | $13.2M5 | ||
| Stock-based compensation | $15.3M6 | $392.0K5 | $740.0K5 | ||
| Capital spending | $9.4M6 | $7.7M5 | $1.8M5 | ||
| Free cash flow | -$137.7M | -$22.9M | -$32.9M | ||
| Cash from investing | -$53.7M6 | -$7.6M5 | $54.2M5 | ||
| Cash from financing | $225.6M6 | $10.5M5 | -$5.7M5 |
Leadership
Who has led Gold Flora Corp., and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerLaurie Holcomb Thompson Jul 11, 2023 to Jan 2, 202411
- Chief executive officerTerence Troy Datcher Oct 8, 2021 to Sep 6, 202212
- PresidentLaurie Holcomb Thompson Jul 11, 2023 to Jan 2, 202411
- Chief financial officerMarshall Monroe Minor Jr. Jul 11, 2023 to Dec 1, 202313
- Chief financial officerMike Batesole Oct 8, 2021 to Jul 10, 202314
- Chief operating officerRozlyn Sikora Lipsey Apr 14, 2023 to Mar 12, 202415
- Chief operating officerDennis O'Malley Oct 8, 2021 to Mar 3, 202216
Board members and other officers (17)
- Cheif Executive OfficerTerence Troy Datcher Oct 4, 2022 to Jul 10, 202317
- Board memberHeather Quinn Molloy Jul 11, 2023 to Jul 11, 202318
- Board memberJeffery Richard Sears Jul 11, 2023 to Jul 11, 202319
- Board memberLaurie Holcomb Thompson Jul 11, 2023 to Jul 11, 202311
- Board memberMichael Willis Lau Jul 11, 2023 to Nov 27, 202320
- Board memberTerence Troy Datcher Jul 12, 2023 to Jul 12, 202321
- Board memberMark Castaneda Jun 30, 2022 to Oct 1, 202422
- Board memberMorgan Callagy Jul 5, 2022 to Jul 10, 202323
- Board memberAlbert John Foreman Oct 8, 2021 to Mar 31, 202524
- Board memberCarol Bartz Oct 8, 2021 to Jun 3, 202225
- Board memberDaniel Neukomm Oct 8, 2021 to Jul 10, 202326
- Board memberDesiree Perez Oct 8, 2021 to Apr 4, 202227
- Board memberJeffry R. Allen Oct 8, 2021 to Jun 3, 202228
- Board memberLeland Hensch Oct 8, 2021 to Jul 10, 202329
- Board memberMichael Auerbach Oct 8, 2021 to Jul 10, 202330
- General counselBrian Feldman Mar 12, 2025 to Mar 12, 202531
- General counselJudith Schvimmer Mar 25, 2024 to Mar 29, 202432
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorTroy Holcomb Datcher named Jul 21, 202333
Former names
- TPCO Holding Corp.Aug 9, 2021 to Jul 10, 20233
Timeline
Filings
338 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 43 major events, 237 insider forms, 4 large holders, 1 private raises, 40 other. The latest 20:
- Sep 29, 2025SEC STAFF ACTION EDGAR
- Apr 11, 20258-K EDGAR
- Apr 3, 20258-K EDGAR
- Mar 31, 2025NT 10-K EDGAR
- Mar 31, 20258-K EDGAR
- Mar 31, 20254 EDGAR
- Mar 27, 20258-K EDGAR
- Mar 12, 20254 EDGAR
- Mar 12, 20253 EDGAR
- Jan 3, 20254 EDGAR
- Dec 31, 20248-K EDGAR
- Nov 27, 20248-K EDGAR
- Nov 18, 20248-K EDGAR
- Nov 14, 20248-K EDGAR
- Nov 14, 202410-Q EDGAR
- Nov 13, 20248-K EDGAR
- Nov 6, 20248-K EDGAR
- Nov 4, 2024DEF 14A EDGAR
- Oct 25, 2024PRE 14A EDGAR
- Oct 25, 2024S-1 EDGAR
The 338 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
40 open-market trades by officers, directors and large owners since October 2021: 3 buys and 37 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 29, 2023 | THOMPSON LAURIE HOLCOMBPresident and CEO | Buy | 4,031 | $0.15 | $605 | Form 4 |
| Dec 6, 2023 | CASTANEDA MARKDirector | Buy | 35,371 | $0.11 | $3.9K | Form 4 |
| Nov 20, 2023 | CASTANEDA MARKDirector | Buy | 48,639 | $0.11 | $5.3K | Form 4 |
| Jul 7, 2023 | Datcher Terence TroyDirector | Sale | 422,923 | $0.16 | $67.7K | Form 4 |
| Jul 7, 2023 | Batesole MikeChief Financial Officer | Sale | 114,965 | $0.16 | $18.4K | Form 4 |
| Jul 7, 2023 | LIPSEY ROZLYN SIKORAChief Operating Officer | Sale | 35,660 | $0.16 | $5.7K | Form 4 |
| Jul 1, 2023 | LIPSEY ROZLYN SIKORAChief Operating Officer | Sale | 3,241 | $0.16 | $519 | Form 4 |
| Jul 1, 2023 | Datcher Terence TroyDirector | Sale | 8,960 | $0.16 | $1.4K | Form 4 |
| Jun 30, 2023 | LIPSEY ROZLYN SIKORAChief Operating Officer | Sale | 12,967 | $0.16 | $2.1K | Form 4 |
| Jun 1, 2023 | Batesole MikeChief Financial Officer | Sale | 4,257 | $0.16 | $681 | Form 4 |
| Jun 1, 2023 | Batesole MikeChief Financial Officer | Sale | 5,743 | $0.16 | $919 | Form 4 |
| Jun 1, 2023 | Datcher Terence TroyDirector | Sale | 8,960 | $0.16 | $1.4K | Form 4 |
| May 10, 2023 | Batesole MikeChief Financial Officer | Sale | 31,935 | $0.21 | $6.7K | Form 4 |
| May 10, 2023 | LIPSEY ROZLYN SIKORAChief Operating Officer | Sale | 25,260 | $0.21 | $5.3K | Form 4 |
| May 10, 2023 | Datcher Terence TroyDirector | Sale | 74,370 | $0.21 | $15.6K | Form 4 |
| May 1, 2023 | Batesole MikeChief Financial Officer | Sale | 4,257 | $0.19 | $809 | Form 4 |
| May 1, 2023 | Datcher Terence TroyDirector | Sale | 8,960 | $0.19 | $1.7K | Form 4 |
| Apr 1, 2023 | Datcher Terence TroyDirector | Sale | 8,960 | $0.15 | $1.3K | Form 4 |
| Apr 1, 2023 | Batesole MikeChief Financial Officer | Sale | 7,639 | $0.15 | $1.1K | Form 4 |
| Mar 1, 2023 | Datcher Terence TroyDirector | Sale | 10,080 | $0.28 | $2.8K | Form 4 |
All 40 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GOLD FLORA CAPITAL, LLCSC 13D, 1 filing Jul 17, 202334
- GRHP Investments LLCSC 13G, 1 filing Mar 20, 202335
- Roc Nation LLCSC 13G, 1 filing Oct 31, 202236
- Michael AuerbachSC 13G, 1 filing Feb 14, 202237
Money raised
Private offerings the company reported to the SEC on Form D.
- Jul 7, 2023Filed a private offering of equity Form D: 92 investors so far Form D
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARHeather Quinn Molloy, Board member
- 19SEC EDGARJeffery Richard Sears, Board member
- 20SEC EDGARMichael Willis Lau, Board member
- 21SEC EDGARTerence Troy Datcher, Board member
- 22SEC EDGARMark Castaneda, Board member
- 23SEC EDGARMorgan Callagy, Board member
- 24SEC EDGARAlbert John Foreman, Board member
- 25SEC EDGARCarol Bartz, Board member
- 26SEC EDGARDaniel Neukomm, Board member
- 27SEC EDGARDesiree Perez, Board member
- 28SEC EDGARJeffry R. Allen, Board member
- 29SEC EDGARLeland Hensch, Board member
- 30SEC EDGARMichael Auerbach, Board member
- 31SEC EDGARBrian Feldman, General counsel
- 32SEC EDGARJudith Schvimmer, General counsel
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