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Bullboard - Stock Discussion Forum Fire & Flower Holdings Corp 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... see more

GREY:FFLWF - Post Discussion

Fire & Flower Holdings Corp > Interesting Point
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Post by Oldweed on May 19, 2020 4:57pm

Interesting Point

To tie into a previous interview with Trevor Fencott where he mentioned FAF will continue to take advantage of low priced white labels and flower that will likely continue to improve margins, BNN reported today that the analyst over at Zandenberg Capital noted ACB produces roughly 50 tons of cannabis but only sold around 13 tons and as a result will likely continue to flood the market with cheap product. This will certainly work in favour for a national retailer like FAF. GLTA
Comment by 1sergedompierre on May 20, 2020 6:48am
oldweed ...margin is one thing that bothers me with FAF : 36 % is not high enough for a specialize retail store like FAF .. every quarter is something i watch and they are not going up IMO they need to be at least at 40 % it makes a lot of difference in the pursuit of a profitable company . SD
Comment by Oldweed on May 20, 2020 10:11am
I can't speek to what specific margin is required for retail or what they should be at at this point of the growth stage as it's not in my wheelhouse, but what I can do is expect that the CFO of FAF does and that ACT has done the DD for a path to profitability. If anyone has the numbers crunched it will be ACT, they have the proven reputation to make very saavy aquisitions. Also I think ...more  
Comment by 1sergedompierre on May 20, 2020 9:44pm
very good post oldweed ...i was mentionning one element : margin and you just mention a broader overall view : they need to make profit and they are suppose to make some this year "if covid slow them down not to much "  As of now for companies like Trulieve and Green Thumb covid is not slowing them on the contrary so let see for FAF .Lets see what they will do in Ontario -that is a ...more  
Comment by Oldweed on May 20, 2020 10:28pm
Yep for sure Trevor and team will have to execute and I'm sure ACT has a few targets clearly laid out for them to achieve. I like the idea of accountability right from the get go....that what is needed to protect investors!! GTII and TRUL are making it happen down south for sure....be nice if they were .61 a share!!
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