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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 Oldweedon May 14, 2022 6:05pm
79 Views
Post# 34684327

RE:RE:RE:RE:RE:RE:RE:Exercise of Series B Warrants

RE:RE:RE:RE:RE:RE:RE:Exercise of Series B Warrants
Rotaluceps wrote:
Oldweed wrote:
Rotaluceps wrote:
1sergedompierre wrote: IMHO you are wrong as it is all the cannabis stock that are down ...all of them and it is also ,in case you did not see and feel it , the whole stock market has plunge ! nothing to do with FAF future ..



The reason is? They are all in the same boat facing too much competition. Take any cannabis companies and put their financials result on a quarterly basis. Click financials above and put the income statement on a quarterly basis. Stalling or lower revenues showed there are too much competition. The small increase in revenue of the others is not enough for realistic expansion.  Although I take into consideration the others financials data, I don't even need them to see that the cannabis industry is plague with too many competitors since they all have problems growing good revenue. They don't need EBITDA or small profit but good growing profit which means very good revenues in the first place. Unless the population double, it will take time to sort out a good one.


FAF
                              Jan 22 Oct 21 Jul 21   Apr 21   Jan 21
Total Revenue 42.70    45.41    43.31   44.08     43.22
 
Do the same  for other cannabis companies. They don't need EBITDA but big fat profit to expand after all this time since the cannabis is selling very well. When the FAF revenue is lower than 4 quarter's ago, big problem. 

 
So if FAF were to open 15,000 store fronts in a market 10x the size would it help? How many of the competitors you refer to would have the ability to do that and as quickly for pennies that FAF will...if at all. Right now every LP and retail are fighting for a crowded small market, and most will fail for sure. I would imagine the Hyfire software and the partnership FAF has in the US data will serve ATD well in knowing what products to put on the very targeted and valuble shelf space they will open up in every Circle K. DYOD and follow the money if you can.
 


Attention, I am not against FAF but realistic.. Stop going for the best scenario. The competition is well established in the US. FAF can't do it alone, it needs CT. CT don't need FAF. Since FAF will not be profitable before a long time, they will need the money of CT that will increase its %, lowering the % of the investors. 15,000? I assume it is the number of locations. Do you really think there will be 15,000 cannabis store owned by CT, (FAF will be out but they might keep the name)?

The convenience stores in the US can't sell cannabis products, the same in Canada. They would open cannabis stores near their location. How many would be adjacent? I don't know but if you look at a CT gas station with a store, there is not a lot of place left. many think they will sell THC products in their convenience store, no way.  Convenience stores will never sell THC products because the law will never approve. Children could be with their parent when going in the store.

The process will take years. I assume they would also buy the competitors if the price is good as they do right now. They will not dilapidate their money in a sector that don't generate good revenue by adding more competition. At the end, CT will do it because they have experience and is a very mature company unlike all these cannabis companies where the insiders are draining money.

Also there are people who see CT or Constellation as friendly. Sometime when we read a statement, they will praise each others. They are businesses and they will do what they have to do for their businesses.

Put you at the place of CT. If you could increase your % shares at a lower price and take control of FAF, would you do it? I don't even mean CT to be agressive about it. 

CT to FAF.... Hey listen my little broken friend, we will stay together while I will use my money to expand in the US,  no way. it is obvious they will buy the parts of FAF, would you do it? It is good to take the place of a CEO. At the end CT will do it and unlike what people think, the margin will not be spectacular facing the competition. People forget about the numerous private companies. How many in the US? 

15,000 cannabis stores for CT? Keep this date, we will do the count in a few years. 



When I say 15,000 just throwing a ball park #of CK outlets to bring the scale in (not all) and I am refering to shelf space not stores, I agree no THC will be sold or will likley take years before it is everywhere, but what about CPG? I agree CT will buy the good bits.....IE:Hyfire data mine and yes seperate high traffic THC retail locals. As for Constellation they are as friendly as they will be interested in the shelf space as will all other producers and white labels. None of the LP's will be able to build out retail brick and mortar quick enough and most will go asset light and look for retail partners. Looking at global expansion how fast can you get new products in new markets and then look at how all LP's, MSO's CPG's, drinks etc may and already do find CT an attractive partner. I agree that trying to build out locations on an international level will be dilutive to any and all LP/MSO's and will take many years, they will all look for shelf space to sell their products and CPG partners to produce and brand. I see FAF as a retail play that will bring a premium when CT moves in...I don't know long term if CT wants to keep it a separate division on the side but I'm certain their real interest is the retail data and rewards program that they can tuck in to their convenience traffic.

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