Geometry Dash APK Hill Climb Racing APK
18.5 F
New York
Thursday, January 27, 2022

What to Make of Fire & Flower Holdings Corp. (OTCMKTS:FFLWF)

Must read

Bombardier, Inc. (OTCMKTS:BDRBF) Continues to Gain Momentum and Strength

Many stocks have managed to record significant gains in recent months and one that often flies under the radar is Bombardier,...

Grayscale Bitcoin Trust (Btc) (GBTC) Makes Big Move As Bitcoin Goes Wild

Bitcoin, the world’s biggest cryptocurrency by market cap, has been in the middle of a remarkable rally for the past few months...

Voyager Digital Ltd (OTCMKTS:VYGVF) Hits All-Time High on Download News

The remarkable rally enjoyed by several crypto assets over the course of the past months has also resulted in an increased demand...

Solar Integrated Roofing Corp (OTCMKTS:SIRC) Surges Higher On Sector Strength

The Solar Integrated Roofing Corp (OTCMKTS:SIRC) stock has come into sharp focus among investors and on Wednesday, the stock made significant gains...

A new force could be getting traction in the cannabis space on the OTC in the form of shares of Fire & Flower Holdings Corp. (OTCMKTS:FFLWF). The stock is a holding of Flowr, and has been chopping sideways since starting to trade last month, but with increasing volume and interest clearly showing up.

To help add some color to the narrative, the company just announced an agreement with Lift & Co. (TSXV: LIFT), an independent emerging leader in cannabis marketing, data and insights, and the trusted forum for cannabis consumers to share product reviews and experiences.

According to the release, “This agreement, which takes effect April 1, 2019, brings together Fire & Flower’s industry-leading, education-focused retail expertise with Lift & Co.’s extensive database of product reviews and partner benefits. Fire & Flower has engaged Lift & Co. for a series of initiatives, including listing Fire & Flower as a premium retailer on the Lift & Co. platform in Alberta, Saskatchewan and Ontario.  Lift & Co. members will be able to share their Fire & Flower cannabis experiences in both product and business reviews, which earn Lift Points that may be redeemed within the Lift & Co. platform for gift cards, exclusive promotions and invite-only industry events.”

Fire & Flower Holdings Corp. (OTCMKTS:FFLWF) trumpets itself as a company that, through its wholly-owned subsidiary, Fire & Flower Inc., an independent retail chain, offers cannabis products and accessories to the adult-use market.

As of February 13, 2019, it operated seven cannabis retail stores in Alberta, and two cannabis retail stores in Saskatchewan, and a wholesale cannabis supply business in Saskatchewan. The company is based in Toronto, Canada.

According to the release, “Fire & Flower is a leading independent adult-use cannabis retailer poised to capture significant market share in Canadian provinces that allow private retail. The company provides customers with expertly curated product selection and a best-in-class, education-driven customer experience. Fire & Flower’s leadership team combines extensive experience in the legal cannabis industry with deep retail expertise. The company is at the forefront of the new adult-use cannabis industry in Canada.”

Find out when $FFLWF reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

As noted above, FFLWF just announced an agreement with Lift & Co. (TSXV: LIFT), an independent emerging leader in cannabis marketing, data and insights, and the trusted forum for cannabis consumers to share product reviews and experiences.

“Fire & Flower is excited to bring Lift & Co.’s users a trusted cannabis retail experience,” says Chris Bolivar, Vice President Brand & Marketing at Fire & Flower. “Our organizations are a great fit with shared principles on the importance of data science driving consumer education and personalized service through a commitment to responsible marketing.”

“Fire & Flower has always been on our radar for the work it does with product education and customer service,” says Nick Pateras, Vice President, Strategy at Lift & Co. “We’re looking forward to working with them to further elevate the Fire & Flower consumer experience by leveraging the Lift & Co. platform.”

Now commanding a market cap of $118.51M, FFLWF has about $71K in cash on the books, which stands against about $31K in total current liabilities. The company is pre-revenue at this point. As more color becomes clear on the name, we will review the situation and update our take. Sign-up for continuing coverage on shares of $FFLWF stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $FFLWF, either long or short, and we have not been compensated for this article.

Latest article

iQSTEL Inc (OTCMKTS:IQST) Stock Makes a Big Move: Jumps 45% In a Week

In the past week, iQSTEL Inc (OTCMKTS: IQST) has emerged as a point of focus among a large number of investors and...

HUMBL Inc (OTCMKTS:HMBL) Stock Sees Big Bounce After Recent Slump

Since the beginning of 2021, HUMBL Inc (OTCMKTS:HMBL) had been one of the major movers from among penny stocks and had come into...

Dividend Stocks to Buy Now

A classic mistake that investors make when looking for dividend stocks is to just go for the biggest dividend yield. It makes...

88 Energy Ltd (OTCMKTS:EEENF) Stock Surges 40% But Can’t Hold Gains

The oil and gas company 88 Energy Ltd (OTCMKTS:EEENF) seems to have come back on to the radars of investors over the...

Net Savings Link Inc (OTCMKTS:NSAV) Stock is Getting Pummeled Again

Nowadays there are plenty of options for investors when it comes to making investments in the cryptocurrency and...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service