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Fire & Flower Holdings Corp P.FLW


Primary Symbol: 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

Post by GoodLuck14on Apr 07, 2020 9:30am
96 Views
Post# 30886065

Fire & Flower Deploys Curbside Pickup in Saskatchewan.

Fire & Flower Deploys Curbside Pickup in Saskatchewan.

Fire & Flower Deploys Curbside Pickup in Saskatchewan and Demonstrates Model for Safe Customer Service

Canada NewsWire

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

EDMONTONApril 6, 2020 /CNW/ - Fire & Flower Holdings Corp. ("FFHC") (TSX: FAF) and its wholly-owned subsidiary Fire & Flower Inc. ("Fire & Flower" or the "Company"), today announced that it will launch a curbside pickup program across its retail network in the province of Saskatchewan, starting on Wednesday, April 8, 2020.

Curbside Pickup - Fire & Flower - (c) 2020 Fire & Flower Holdings Corp. (CNW Group/Fire & Flower Holdings Corp.)

The curbside pickup program is a new service offered through the Hifyre™ Spark Perks™ digital retail platform. This service is offered in addition to Fire & Flower's same day delivery that is available in select markets in the province of Saskatchewan.

Fire & Flower highlights its rapid deployment of industry-leading health and safety practices that include contactless curbside pickup and delivery services in the province of Saskatchewan as a model for safe and effective retail operations during the COVID-19 public health crisis.

The temporary closure of legal cannabis retailers in certain markets, particularly in the province of Ontario, may bolster the illicit market and the potential sale of unregulated, potentially harmful products without oversight of health and safety practices, inventory tracking, product testing and sales and marketing to young persons.

Fire & Flower firmly believes that private retail delivery services and curbside pickup programs can provide safe access to legal cannabis products in support of Canadians' common goal of slowing the spread of COVID-19 and eliminating the illicit cannabis market.

"Fire & Flower's core focus as a technology-enabled retail 2.0 company has provided us with a distinct competitive advantage in an environment where social, political and economic conditions are fundamentally changing the ways that retail companies can safely conduct their business," shared Trevor Fencott, Chief Executive Officer of Fire & Flower. "Our member base in the Spark Perks program of more than 90,000 cannabis customers provides us a channel to continue to drive customers to programs such as curbside pickup and delivery and is a further competitive advantage compared to retailers who rely solely on foot traffic to drive sales."

On April 3, the province of Ontario announced that cannabis retail stores were removed from the list of essential workplaces and were no longer permitted to operate during the COVID-19 public health crisis for a 14-day period following the announcement. The Company has temporarily closed its Ottawa and Kingston locations on April 4, 2020. Fire & Flower is hopeful the province of Ontario will evaluate the potential impact of the closure of private cannabis retail on the proliferation of the illicit market.

 


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