GREY:FFLWF - Post by User
Post by
red2000on Jul 25, 2021 7:49pm
186 Views
Post# 33602515
News this week ...
News this week ...I just check my notes write down in the last interview of Trevor Fencott, the CEO.
New store in Palm Spring before end of Q2 !
Also said American Acres new acquisition coming soon !!!
It's time to deliver !!!
American Acres Strategic Agreements Highlights of the Strategic Agreements
- The Company has demonstrated strong operational success in the competitive, first federally legal market, and the Strategic Agreement allows for the opportunity to export successful model into U.S.
- Offers opportunity for the Fire & Flower brand and technology to enter into other U.S. cannabis markets.
- Provides discounted path to corporate-owned stores in major US markets.
- The Strategic Agreements provide for the licensing of the Fire & Flower brand, store operating system and Hifyre™ technology platform to American Acres on a royalty-free basis.
- Opportunity to leverage the Company’s proven technology to drive greater profitability in existing U.S. retail stores and sets stage for acquisitive growth strategy when legal.
- Proposed strategic entry into California aligns with Fire & Flower’s optimal operating model which includes:
- Direct relationships with product producers
- Private retail
- E-Commerce
- Delivery
https://investors.fireandflower.com/news/news-details/2021/Fire--Flower-Enters-US-Cannabis-Market-Through-Strategic-Licensing-Partnership-and-Acquisition-Option-with-American-Acres/default.aspx