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.

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Fire & Flower Holdings Corp > Exercise of Series B Warrants

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Post by Betteryear2on Apr 29, 2022 8:53am

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Post# 34641672

Exercise of Series B Warrants

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/

Warrant exercise by one of the world's largest convenience retailers brings ownership stake to more than 35%

TORONTO, April 29, 2022 /CNW/ - Fire & Flower Holdings Corp. ("Fire & Flower" or the "Company") (TSX: FAF) (OTCQX: FFLWF), a leading cannabis consumer retail and technology platform announced today that, further to a notice of intent to exercise delivered on April 20, 2022, 2707031 Ontario Inc., an indirect wholly-owned subsidiary of Alimentation Couche-Tard Inc. (collectively "ACT"), has exercised warrants (the "Series B Warrants") effective April 28, 2022, to acquire 8,288,067 common shares of Fire & Flower (the "Shares") pursuant to the terms of a Second Amended and Restated Warrant Certificate dated January 18, 2022 (the "Series B Warrant Certificate") .