Fire & Flower Holdings Corp P.FLW

RE:RE:RE:RE:RE:RE:Couche-Tard

[Rotaluceps]

1sergedompierre wrote: rota....i agree with you CT will never be allowed to sell pot in Canada thru their convenience stores and that is why they have invest in FAF ...it will be an interesting story to fallow strating with their next report .SD

Exactly, ACT entered the cannabis market with a good player, and the fact that they choose FAF is very positive, since they surely choose one of the best one. Their expertise will be invaluable but never trust a big corporation. You recall Airbus and all their sweet talk. FAF needs to grow at a realistic rythm without being pushed by ACT too much. This is where you see the quality of the CEO. 

I own two stocks, LHS one and FAF. The whole sector is down and I think is not over yet. I would not touch any of these inflate companies until I see their next quarter result. At this point I don't see any catalyst before a few months. Catalyst include the Safe Banking Act that was approved by the House of Representative by 321 to 103, to be passed by the Senate Banking Committee. The abolition of the 280E tax bill. The legalisation at the federal level that will not happen before 2021, and nothing is sure, that would remove 280E, if it is is not done before the legalisation. I looked at some dividend stocks to invest, but the ones I looked at, were all too expensive and prone to a correction. So I am mostly in cash. There is nothing wrong to patient with cash.