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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 > here is the old story and actual situation
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Post by 1sergedompierre on Jun 08, 2023 10:46am

here is the old story and actual situation

go to https://cfcanada.fticonsulting.com/fireandflower

take the time to open and read all the documents there -around 100 pages -

To make a very simple resume it is concerning several leases made before Trudel's time the the company wanted to cancels as they do not make any more business there -close stores or reduce spaces -

General idea is that FAF wants to reduce unnecessary and old cost to steamline the company and make it profitable . ACT is helping by putting 9,6 M $ , is part of the process that can last unti September 15 . We should have news around June 15 .

There is hope the company is not in bankrupcy and everybody seems for the moment to be working in stemlining the company for saving jobs and protecting also even us the minor share holders .

These are long documents but if you have a minimum accounting and legal experience it is really an interesting reading that will show you hope.

Good reading !
Comment by 1sergedompierre on Jun 08, 2023 10:50am
if you have problem opening the link go to the Fire and flower website ,click under news to the one publish on June 06 2023 , scroll in about the middle the link is there on the right side
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