New Brunswick has discontinued the request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the province will retain the government-owned-and-operated store model through Cannabis NB. New Brunswick requested prop…
Fire & Flower
Canadian cannabis retailer Fire & Flower strikes US licensing deal
Major Canadian cannabis retailer Fire & Flower Holdings is making moves into the United States, licensing its brand and technology to American Acres Managers, a private Canadian firm with marijuana retail ambitions in Arizona, California and Nevada…
Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Fire & Flower Holdings, a Canadian cannabis retail chain with an eye on international growth, has applied to list its shares on the Nasdaq exchange in the United States. “The company anticipates that the Nasdaq listing will assist in attracti…
Cannabis retailer Fire & Flower reports net loss on growing revenue
Fire & Flower Holdings Corp., a major Canadian marijuana retail chain, reported 33.1 million Canadian dollars ($26 million) in revenue for the quarter ended Oct. 31. The retailer’s third-quarter income represents 15.8% revenue growth over the…
As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting more store mergers and acquisitions. The retail M&A trend appears t…
Fire & Flower buying Friendly Stranger as consolidation reaches cannabis retail
Adult-use cannabis retailer Fire & Flower Holdings has entered into a definitive agreement to buy rival store operator Friendly Stranger Holdings. The deal, if approved, would see Toronto-based Fire & Flower issue approximately 31.1 million sha…