Strategic Investment by Alimentation Couche-Tard
Trevor Fencott, Chief Executive Officer of Fire & Flower, announces a deal between Fire & Flower and Alimentation Couche-Tard Inc.
“This is absolutely transformative for us, it allows our global platform to grow and the growth capital to really max out in the existing markets.” – Trevor Fencott
The agreement will allow Couch-Tard the potential to increase its stake to 50.1 per cent for a total of $380 million in invested capital.
Fire & Flower Holdings Corp., plans to use the funds to expand its network of cannabis retail stores and develop its Hifyre digital retail platform.
About Fire & Flower
Although cannabis has been consumed for ages, today’s science brings a much deeper understanding to the table.
Fire and Flower is proud to be on the forefront of this new era of legalized cannabis. The company offers expert leadership behind their brand. From the folks you see working in their shops, their team is serious about delivering an inclusive, trustworthy experience.
At Fire & Flower, they thoughtfully handpick each strain and accessory to maximize the consumer’s experience. Their Cannistas share inspiring insights, easy-to-follow advice and as much or as little education as wanted.
For more information on Fire & Flower Holdings Corp. (FAF:TSX) please fill out the form below.