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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 > May be the reason why...
View:
Post by red2000 on Mar 27, 2022 8:07am

May be the reason why...

now FAF is trading at more than 6$ !
Any comments to add or other info to share ???

Thank's !

U.S. LEGALIZATION WATCH
 
Pot stocks rally as MORE Act heads to House, New Jersey delays recreational sales
 

Cannabis stocks broadly moved higher in late Thursday trading, extending gains into Friday’s session before paring those advances, following news that the U.S. House of Representatives would vote next week for the second time on a bill that would decriminalize marijuana. The volatile sector saw many names post double-digit gains on Thursday after news that the House will soon vote on the Marijuana Opportunity Reinvestment and Expungement (MORE) Act, which was already passed in a previous Congressional session. However, investors taking short positions on several cannabis stocks may have felt a bit of a squeeze given the aforementioned rally with one analyst seeing US$260 million in losses on short bets taken on just four Canadian pot companies – Canopy Growth, Sundial, Tilray and Aurora Cannabis.

Comment by hurko87 on Mar 27, 2022 2:23pm
This post has been removed in accordance with Community Policy
Comment by justus434 on Mar 28, 2022 2:35am
This post has been removed in accordance with Community Policy
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