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.

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Fire & Flower Holdings Corp > May be the reason why...

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Post by red2000on Mar 27, 2022 8:07am

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Post# 34549513

May be the reason why...

now FAF is trading at more than 6$ !
Any comments to add or other info to share ???

Thank's !

U.S. LEGALIZATION WATCH

Pot stocks rally as MORE Act heads to House, New Jersey delays recreational sales

Cannabis stocks broadly moved higher in late Thursday trading, extending gains into Friday’s session before paring those advances, following news that the U.S. House of Representatives would vote next week for the second time on a bill that would decriminalize marijuana. The volatile sector saw many names post double-digit gains on Thursday after news that the House will soon vote on the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which was already passed in a previous Congressional session. However, investors taking short positions on several cannabis stocks may have felt a bit of a squeeze given the aforementioned rally with one analyst seeing US$260 million in losses on short bets taken on just four Canadian pot companies – Canopy Growth, Sundial, Tilray and Aurora Cannabis.