Fire & Flower Announces the Opening of its Toronto – Parkdale Cannabis Retail Store

TORONTO, Sept. 23, 2020 /CNW/ – Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) and its wholly-owned subsidiary Fire & Flower Inc. (collectively, “Fire & Flower” or the “Company”) today announced the opening of its Toronto-Parkdale cannabis retail store.

The Company has received its Retail Store Authorization from the Alcohol and Gaming Commission of Ontario and has completed all regulatory requirements in connection with opening the store.

The Toronto-Parkdale location will open on September 27, 2020 and is located at 4 Brock Avenue, Toronto, Ontario. Fire & Flower will host a grand opening on October 2, 2020.

Our Toronto-Parkdale location is the second Fire & Flower to open in the major urban market of Toronto and the fourth Fire & Flower to open in the Province of Ontario. As part of our Ontario plan, we completed construction at this location well in advance in preparation for licensing.

Trevor Fencott, Chief Executive Officer of Fire & Flower

The opening of this store demonstrates our organic growth capabilities in Ontario and we look forward to the ability to open additional already built-out locations as we anticipate the Province’s licensing program picking up speed. We believe that increased licensing of additional retail stores across the province of Ontario is critical to servicing customers that want convenient access to legal, regulated cannabis.

Additional details on the Toronto-Parkdale cannabis retail store and other Fire & Flower stores across the province of Ontario can be found on the Company’s website at https://fireandflower.com.

About Fire & Flower

Fire & Flower is a leading purpose-built, independent adult-use cannabis retailer poised to capture significant Canadian market share. The Company guides consumers through the complex world of cannabis through education-focused, best-in-class retailing while the HifyreTM digital platform and SparkTM program connect cannabis consumers with the latest cannabis products and deliver cutting edge insights into evolving consumer behaviours. The Company’s leadership team combines extensive experience in the cannabis industry with strong capabilities in retail operations.

Fire & Flower Holdings Corp. owns all issued and outstanding shares in Fire & Flower Inc., a licensed cannabis retailer that owns cannabis retail store licences in the provinces of Alberta, Saskatchewan, Manitoba and Ontario and the Yukon territory.

Through its strategic investment with Alimentation Couche-Tard Inc., the Company has set its sights on the global expansion as new cannabis markets emerge.

More information on Fire & Flower can be found at https://fireandflower.com.

Original press release

Published by NCV Newswire
NCV Newswire
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