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Fire & Flower Holdings Corp FFLWF

Consumer Cyclical Specialty Retail Cannabis
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

Fire & Flower Holdings Corp
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Post by whoknowson May 31, 2021 11:12am
188 Views
Post# 33296114

FAF best weed stock to buy right now !

FAF best weed stock to buy right now !

Weed stock #1

In the emerging cannabis space, Fire & Flower Holdings (TSX:FAF) is probably one of the best stocks to buy right now. The company’s greatest advantage is its biggest shareholder: Alimentation Couche-Tard. This partnership has allowed the company to distribute its products through Couche-Tard’s Circle K outlets across Canada. 

Meanwhile, the team is also steadily expanding its footprint with more retail locations. Physical stores and distribution through Circle K during the pandemic have helped boost sales. Annual revenue in 2020 was up 150% to $128.1 million. If the company can sustain this pace of growth, early investors should be handsomely rewarded. 

The fact that the stock has been flat for the past year and trades at just 2.6 times sales indicates that it’s one of the most undervalued stocks in the sector right now. 

LINK
https://www.fool.ca/2021/05/30/best-weed-stocks-to-buy-right-now/

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