Fire & Flower Holdings Corp (FAF): Don't know why this is selling so lo...

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Re: ArchTech post# 2

Thursday, 03/21/2019 4:13:56 PM

Thursday, March 21, 2019 4:13:56 PM

Don't know why this is selling so low with 9 cannabis stores open and selling product. The largest Canadian private retail operator (NACNF) with 23 stores just reported 20 million in revenues in only 140 days.

If my math is correct that's about 174K per month per store. If F&F has similar numbers their 9 stores should be bringing in around 1.5M per month total, or 18M per year. That's a lot of cash flow to be selling under a buck.

It's not like they have a billion shares outstanding. The company last reported share count was only 102,434,413. Just seems like a bargain price to me at this level so I bought a few shares to watch. Especially with news of more stores opening in 2019.

I'll be closely watching this one. Too much revenue potential not to. Thoughts anyone? Always IMHO GLTA

https://fireandflower.com/

https://www.newcannabisventures.com/national-access-cannabis-reports-canadian-retail-sales-in-excess-of-20-million-since-legalization/

https://www.marketwatch.com/press-release/fire-flower-holdings-corp-announces-completion-of-its-qualifying-transaction-2019-02-13

https://www.newswire.ca/news-releases/fire-amp-flower-launches-e-commerce-cannabis-platform-843355190.html

https://midasletter.com/2019/02/fire-flower-cvefaf-announces-licensing-agreement-two-ontario-retail-lottery-winners/