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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 1sergedompierreon Jun 08, 2023 10:46am
392 Views
Post# 35486408

here is the old story and actual situation

here is the old story and actual situationgo to https://cfcanada.fticonsulting.com/fireandflower

take the time to open and read all the documents there -around 100 pages -

To make a very simple resume it is concerning several leases made before Trudel's time the the company wanted to cancels as they do not make any more business there -close stores or reduce spaces -

General idea is that FAF wants to reduce unnecessary and old cost to steamline the company and make it profitable . ACT is helping by putting 9,6 M $ , is part of the process that can last unti September 15 . We should have news around June 15 .

There is hope the company is not in bankrupcy and everybody seems for the moment to be working in stemlining the company for saving jobs and protecting also even us the minor share holders .

These are long documents but if you have a minimum accounting and legal experience it is really an interesting reading that will show you hope.

Good reading !
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