Fire & Flower Holdings Corp. (
TSX:FAF) is about to set up shop in British Columbia.
The cannabis retailer
announced Thursday its entry into the BC market with two new stores expected to soon open in Vancouver on Granville St. after receiving an "Approval in Principle" from the province's regulator.
The B.C. retail regulator – the Liquor and Cannabis Regulation Branch (LCRB) – previously found Fire & Flower to be "fit and proper" for the purposes of receiving final licences, the company said.
Altacorp Capital analyst David Kideckel said in a report that Fire & Flower is "further diversifying away from the Alberta market and expanding its presence across Canada."
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