/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/
EDMONTON, Aug. 22, 2019 /CNW/ – Fire & Flower Holdings Corp. and its wholly-owned accessory Fire & Flower Inc. (collectively, “Fire & Flower” or the “Company”) (TSX:FAF), today appear that it has accustomed two added cannabis retail abundance licences from the Alberta Gaming, Liquor and Cannabis Commission (the “AGLC”) for locations in Edmonton, Alberta.
Building aloft the accelerated development and amplification of Edmonton’s downtown, the Rice Howard Way breadth at 10141 – 100A Street, Edmonton, Alberta will be the alone cannabis retail abundance amid in the city’s city core. This abundance is amid in a aerial cartage breadth abreast above appointment towers, hotels and the anew congenital Edmonton amphitheatre district.
The Westmount abundance will be amid at 12225 – 107 Avenue, abreast the aerial cartage 124th artery breadth in Edmontonand will serve the active residental and bartering breadth west of city Edmonton. With the aperture of these locations, Fire & Flower will accept 9 food in the Edmonton city region.
The Aggregation anticipates these food to be accessible and arise affairs cannabis during the anniversary of September 9, 2019 and will advertise the specific aperture dates and operating hours of both locations at its ancient befalling on its website at www.fireandflower.com/locations/.
“As an Edmonton-based company, we are captivated to be aperture the absolute aboriginal cannabis retail abundance in the city’s active and growing city core,” aggregate Trevor Fencott, Fire & Flower’s Chief Executive Officer. “These are both above locations in the key city bazaar of Edmonton, area our aggregation is headquartered. Customers can boutique confidently alive they are acknowledging their bounded association while actuality allotment of an Edmonton success adventure in this new arising market.”
Fire & Flower now owns or has absorption in 30 cannabis retail abundance licenses above the ambit of Alberta, Saskatchewan, Manitoba, Ontario and the Yukon territory.
The Aggregation continues to focus on aperture new retail food above Alberta, area the AGLC continues to affair retail licences at a accelerated rate, and in added Canadian ambit area clandestine retail is permitted.
About Fire & Flower
Fire & Flower is a arch purpose-built, absolute adult-use cannabis banker assertive to abduction cogent Canadian bazaar share. The Aggregation guides consumers through the circuitous apple of cannabis through education-focused, best-in-class bartering while the Hifyre agenda belvedere connects consumers with cannabis products. The Company’s administration aggregation combines all-encompassing acquaintance in the cannabis industry with able capabilities in retail operations.
Fire & Flower Holdings Corp. owns all issued and outstanding shares in Fire & Flower Inc., a accountant cannabis banker that owns or has absorption in cannabis retail abundance licences in the ambit of Alberta, Saskatchewan, Manitoba, Ontario and the Yukon territory.
Through its cardinal advance with Alimentation Couche-Tard (ATD.A, ATD.B), the Aggregation has set its architect on the all-around amplification as new cannabis markets emerge.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATIONThis account absolution contains assertive advanced advice aural the acceptation of applicative Canadian balance laws (“forward-looking statements”). All statements added than statements of present or absolute actuality are advanced statements. Advanced statements are often, but not always, articular by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and agnate words, including negatives thereof, suggesting approaching outcomes or that assertive contest or altitude “may” or “will” occur. These statements are alone predictions.
Forward-looking statements are based on the opinions and estimates of administration of the Aggregation at the date the statements are fabricated based on advice again accessible to the Company. Various factors and assumptions are activated in cartoon abstracts or authoritative the forecasts or projections set out in advanced statements. Advanced statements are accountable to and absorb a cardinal of accepted and alien risks and uncertainties, abounding of which are above the ascendancy of the Company, which may account the Company’s absolute achievement and after-effects to alter materially from any projections of approaching achievement or after-effects bidding or adumbrated by such advanced statements. No affirmation can be accustomed that the expectations reflected in advanced statements will prove to be correct.
The Aggregation assumes no obligation to about amend or alter advanced statements to reflect new information, approaching contest or otherwise, except as especially appropriate by applicative law.
SOURCE Fire & Flower Holdings Corp.
View aboriginal content: http://www.newswire.ca/en/releases/archive/August2019/22/c8159.html
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