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Fire & Flower Holdings Corp FFLWF

Fire & Flower Holdings Corp. is a Canada-based technology-powered, adult-use cannabis retail company. The Company's principal business is the operation of a fully integrated cannabis consumer technology platform, supported by a fulfillment network of retail stores and delivery to cannabis consumers. The Company's segments include Retail, Wholesale and Logistics, and Digital Platform. The Retail segment sells cannabis products and accessories to the adult-use market in provinces where the sale of cannabis by private retailers is legal, and operates under retail banners Fire & Flower, Friendly Stranger, Happy Dayz, and Hotbox. The Wholesale and Logistics segment distributes and delivers cannabis products and accessories. The Digital Platform segment develops digital experiences and retail analytical insights. The Company owns and operates cannabis retail stores in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and the Yukon territory.


GREY:FFLWF - Post by User

Comment by upordown1on Sep 23, 2019 3:01pm
197 Views
Post# 30155836

RE:RE:RE:Q2 Rev Predictions

RE:RE:RE:Q2 Rev PredictionsSystem sales of $10,895,626 and recognized revenue of $9,538,348 at a gross margin of 38.5%, compared to $Nil for the thirteen weeks ended May 5, 2018. Subsequent Financial and Operational Highlights post May 4, 2019 On June 9, 2019, achieved system sales of $25,000,000. from their release.....so from May 5 to June 9 system sales was 14,104,374 for the 5 week period...projecting out to the end of the quarter Aug 4, 2019 (13 weeks) 36,671,372.... not accounting for any of the new stores added Would the system sales be the revenue for the quarter? Thanks
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