GREY:FFLWF - Post by User
Comment by
Sam129on Nov 02, 2020 3:39pm
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Post# 31824290
RE:RE:Fire & Flower To Acquire Friendly Stranger For $23.0 Million
RE:RE:Fire & Flower To Acquire Friendly Stranger For $23.0 MillionActually, it's 23M for 11+5 stores, so that's less than 2M for each store. Buying store never includes real estate, but it includes license, lease, and stock. FAF and HITI have been acquiring at about 2M per store over the last year or so, so this is quite a cheap deal, assuming Friendly Stranger has an okay balance sheet.