Fire & Flower Holdings Corp FFLWF

Damn.. what's happening here?

[InvestNInterest]

Steady decline

[Sam129]

(1) Overall market weakness (2) Could be some work to shake weak hands and accumulate before earnings 

[InvestNInterest]

I hear that.. makes sense

[1sergedompierre]

also the following :1) NASDAQ is far away and at this price range it will need a 3 to one reversal to get to the minimun of $3 per share  2) legalisation in the US will only be partial : Banking act plus minor things . To be fully legal it need 60% of the vote not 50 . 3) dont think it opens the door to NASDAQ if not fully legal  4) IMO until ACT is not full owner -last warrant is in

[InvestNInterest]

I'm hoping we don't have to do a RS especially 3 to 1. Rather 2 to 1 but time will tell how this will perform. As long as we move slowly upwards

[Sam129]

On the other hand, 1) FAF is half the cap of HITI for very similar numbers, 2) both companies are highly undervalued based on PS ratio when compared to (almost any) industry peer, 3) FAF has a ton of growth left to do in Canada, 4) Mexico is legalizing (ATD has stores there), 5) Q4 should show results above 30M, 6) moving to near 40M for 2021Q1, which will put 2021 earnings above 150M, 7 )the

[1sergedompierre]

Sam i like your post and agree to most of it ...but  future growth left in Canada does not seems to me that big anymore . NB has deceided to stay public , BC is again not moving very fast ...but Ontario has some juice left . Basicly now is a race between High Tide and FAF . The last few months HT is more active but i dont like all those outstanding shere there ... I am for the Canadian side

[Sam129]

If we were 6months back, or even 3, I'd agree with the US opportunities, but multiples are getting so high that the risk/reward (to me, at least) has definitely edged towards Canadian companies (including FAF). This is not to say that TRU, GTII, etc. won't do well, but they are getting quite expensive if one would be starting a position right now.  Regarding market saturation, AB, QC

[1sergedompierre]

Sam i agree mostly with what you are saying . US stocks i bought them early last year and in am up between 100 to 200 % .To enter now it is still. a good time -those stocks have been down in the last 6 weeks -and the game has not even strarted ... There will not be a full legalisation as Biden is a very conservative guy in that matter ...but some will happen starting with the Banking act and