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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 > Fire & Flower Announces Fiscal Second Quarter 2021 Financial
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Post by whoknows on Sep 14, 2021 8:08am

Fire & Flower Announces Fiscal Second Quarter 2021 Financial

LINK

https://money.tmx.com/en/quote/FAF/news/6668554322505444/Fire_Flower_Announces_Fiscal_Second_Quarter_2021_Financial_and_Operational_Results


Fire & Flower Announces Fiscal Second Quarter 2021 Financial and Operational Results

Canada NewswireSep 14, 2021 7:51 AM EDT
  • Quarterly revenue increased 51% year-over-year to $43.3 million
  • Fifth Consecutive Quarter of Positive Adjusted EBITDA of $3.1 million
  • Hifyre™ Digital Retail and Analytics Platform generated $3.7 million in revenue for the quarter, an increase of 293% year-over-year

TORONTO Sept. 14, 2021 /CNW/ - Fire & Flower Holdings Corp. ("Fire & Flower" or the "Company") (TSX: FAF   OTCQX: FFLWF), today announced its financial and operational results for the fiscal second quarter ended July 31, 2021 .

Trevor Fencott , Chief Executive Officer of Fire & Flower commented, "This quarter we continued to execute on our overall business strategy as our revenues increased 51% year-over-year to $43.3 million . Also, we successfully laid the foundation of our expanded digital strategy in the second quarter as we strengthened key partnerships and began recognizing the full value of our Hifyre digital platform. Our unique capability to apply today's most advanced technology for collecting consumer buying behaviors to deliver the strongest e-commerce experience is an invaluable asset in our industry. We are extremely pleased to be entering a new stage of our growth as we continue to leverage and monetize our tech-enabled platform to expand upon our leadership position and enter new growth markets utilizing an asset-light, highly scalable e-commerce model."

Comment by red2000 on Sep 14, 2021 12:29pm
Why we still under 1$ ??? Unbeleivable !!!
Comment by 1sergedompierre on Sep 14, 2021 3:46pm
Red ...a few new things . They will uplist to NASDAQ before the end of this year .ACT have an option to become major shareholder starting 6 months before June 30 th 2023 ...I think SP is tighly control around .92 until the uplisting happen ...around 9,20 ..easier to let it fly after that with some good news -like acquisition into the US - Profit is inching up ...sales also even if sales are down a ...more  
Comment by teamcannabis on Sep 14, 2021 4:27pm
what a battle, high tide new numbers is 48 milly last quarter
Comment by 1sergedompierre on Sep 14, 2021 4:39pm
yes but they loose money and have great dillution ...
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