EDMONTON , Dec. two, 2019 /CNW/ – Fire & Flower Holdings Corp. (“FFHC”) (TSX:FAF) and its wholly-owned subsidiary Fire & Flower Inc. (collectively with FFHC, “Fire & Flower” or the “Company”), nowadays announced that it has received two more cannabis retail retailer licences in Edmonton, Alberta from the Alberta Gaming Liquor and Cannabis Commission (the “AGLC”).
Fire & Flower now owns or has an interest in 38 cannabis retail retailer licences across the provinces of Alberta , Saskatchewan , Manitoba and Ontario and the Yukon territory.
The Corporation anticipates the places to open and be promoting cannabis goods in the course of the week of December 16, 2019 . The new retailers will be situated at the following addresses:
- 6802 – 50 Avenue, Red Deer, Alberta , and
- 40 Hewlett Park Landing , Sylvan Lake, Alberta .
The grand opening and operating hours of these new retailers will be announced on Fire & Flower’s web-site at www.fireandflower.com/places/ and on social media channels at its earliest chance.
The Corporation continues to concentrate on opening new retail retailers across Alberta , exactly where the AGLC continues to problem retail licences, and in other Canadian provinces exactly where the private sale of retail cannabis is permitted.
About Fire & Flower
Fire & Flower is a top goal-constructed, independent adult-use cannabis retailer poised to capture important Canadian industry share. The Corporation guides customers by way of the complicated planet of cannabis by way of education-focused, very best-in-class retailing when the Hifyre digital platform connects customers with cannabis goods. The Company’s leadership group combines substantial expertise in the cannabis market with robust capabilities in retail operations.
Fire & Flower Holdings Corp. owns all issued and outstanding shares in Fire & Flower Inc., a licensed cannabis retailer that owns or has interest in cannabis retail retailer licences in the provinces of Alberta , Saskatchewan , Manitoba andOntario and the Yukon territory.
Via its strategic investment with Alimentation Couche-Tard Inc. (ATD.A, ATD.B), the Corporation has set its sights on the international expansion as new cannabis markets emerge.
CAUTIONARY STATEMENT Concerning FORWARD-Seeking Info
This news release includes particular forward-hunting details inside the which means of applicable Canadian securities laws (“forward-hunting statements”). All statements other than statements of present or historical truth are forward-hunting statements. Forward-hunting statements are typically, but not constantly, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and comparable words, which includes negatives thereof, suggesting future outcomes or that particular events or situations “may” or “will” happen. These statements are only predictions.
Forward-hunting statements are primarily based on the opinions and estimates of management of FFHC at the date the statements are produced primarily based on details then accessible to the Corporation. Many components and assumptions are applied in drawing conclusions or generating the forecasts or projections set out in forward-hunting statements. Forward-hunting statements are topic to and involve a quantity of recognized and unknown dangers and uncertainties, a lot of of which are beyond the handle of FFHC, which might lead to FFHC’s actual overall performance and benefits to differ materially from any projections of future overall performance or benefits expressed or implied by such forward-hunting statements. No assurance can be offered that the expectations reflected in forward-hunting statements will prove to be appropriate.
FFHC assumes no obligation to publicly update or revise forward-hunting statements to reflect new details, future events or otherwise, except as expressly expected by applicable law.
Supply Fire & Flower Holdings Corp.
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