Fire & Flower Holdings Corp (FAF)

[FUNMAN]

The buying may be Couche-Tard exercising their warrants that expire June 30, 2021.

Series A-3
Warrants $0.93
10.5m Warrants

That's a lot of warrants/shares.

splinter68 Wednesday, 05/26/21 08:54:17 PM
Re: FUNMAN post# 354
Post # 355 of 355

Looking quickly, looks like some good chunks bought. Haven’t been paying too close attention lately as it just seems to be churning around some support levels in recent weeks. Just a matter of patience.

FUNMAN Member Level Tuesday, 05/18/21 10:09:04 PM
Re: Diogenes of Sinope post# 333
Post # 340 of 355

I hope you can see the graphic clearly. Click on the link and look for page 22.

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

The significance is that the dates are when the Couche Tard warrants are to be exercised.

Check out the prices.

Either Couche-Tard throws away their investment and control in FFLWF or they step up to buy the remaining shares they contracted for and take FFLWF global.

The chances of them walking away from the millions they've already invested are slim. The only chance I can foresee of this happening is if the democrats don't legalize cannabis in the USA so it's not a slam dunk guarantee. But that's the bet they made.

So if you believe the dems are going to legalize cannabis in the USA, then Couche Tard taking control of FFLWF is a guarantee IMO. They are hoping to own thousands of cannabis retail outlets worldwide; putting them in or near their own gas / convenience stores.

FFLWF's PPS right now is probably manipulated to remain near their warrant strike price.

If so I am looking forward to October 2020 and June 30, 2023.

The money Couche-Tard will infuse into FFLWF when they exercise their warrants will all be used for expansion.

I love this company way more than The Street.