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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 > Not Even Couche-Tard
View:
Post by ThoughtsOnThis on Sep 21, 2021 9:36am

Not Even Couche-Tard

Despite the deep pockets of Couche-Tard and the sound financial footing that FAF has as a result, FAF is going the way of the cannabis industry. Any "winner" will be long (years and years of dead money) in the making. I cannot justify any further averaging down. I've sold my FAF position. No more cannabis stocks. Good luck to all long term holders...
Comment by whoknows on Sep 21, 2021 2:21pm
Unfortunately if you thought that buying shares, the price of them will double in 1 day or 1 month then, you did well to sell everything.   All you have to do is put the money in the bank or buy lottery tickets or play at the casino.   The evolution of the share price does not happen in a day. So, it's better not to invest.   Congratulations on the sale and invests ...more  
Comment by Rotaluceps on Sep 24, 2021 10:29pm
What is this cr@p based on your dreaming world. This has nothing to do with FAF. You try to lecture the guy based on your own failure. The revenue of FAF was down at their last quarter because of the competition. Stop the bla bla bla. Dummy.
Comment by TomConstantine on Sep 21, 2021 6:26pm
Guess some people like buying high and selling low.
Comment by Rotaluceps on Sep 23, 2021 6:44pm
The fact that their revenue was down from the previous quarter shows that the competition is stiff. There are too many companies for the Canadian market. Hexo Tilray and CGC revenues were down. CGC got revenues down for the three last quarters.  Hexo down 30%. It is an indication affecting the whole industries.
Comment by whoknows on Sep 26, 2021 6:01pm
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 ...more  
Comment by ThoughtsOnThis on Nov 03, 2021 11:31am
Sadly this looks to be true as FAF trades to 52 week lows. Not even Couche-Tard...