Fire & Flower Holdings Corp (FAF)

[FUNMAN]

The financials are improving. The fully diluted loss is only $2.5M w/o the one time expenses. This is great! Adjusted EBITDA for the thirteen weeks ended August 1, 2020 was a $0.3 million loss compared to a $4.8 million loss for the thirteen weeks ended August 3, 2019 and a $2.7 million loss for the thirteen weeks ended May 2, 2020.

Good info explaining store openings.

The current pending 19 licenses when opened should increase revenues by over $10M.

By year end the annual revenue run rate should be approximately $110M.


https://fireandflower.com/investor-relations?tab=corporate-presentations

When CoucheTard eventually exercises its warrants to own 50.1% of F&F, they'll be investing a ton of useful money to grow the company.

ACT Series A warrants / 34,158,027
ACT Series B warrants / 67,175,541
ACT Series C warrants / 133,390,789

They already have a seat on the BoD

Stéphane Trudel** ** INDICATES INDEPENDENT DIRECTOR
Director
SVP, OPERATIONS, ALIMENTATION COUCHE-TARD


When I sent today's FFLWF news to friends with the above info highlighted, I added this note:

The Street will probably react negatively. I don't know why, but it might. I think everything is heading in the right direction.

Ye olde pop n drop with earnings. All good. Patience is a virtue and all... - 'splinter68'