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Fire & Flower Holdings Corp. (FAF.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.8700+0.0300 (+3.57%)
At close: 3:59PM EDT
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  • I
    ItsaSecret
    Why are Canapy vapes about to be sold at approx 3000 Circle Ks, yet FaF aren't selling their own products yet?
  • S
    Steven
    Unless i'm wrong, they mentioned Q4 for the Nasdaq uplisting ?
  • S
    SMP165
    nice dip this am had to load up some more
  • S
    Sebastien
    If their 2 stores in Circle K are a tremendous succes and ACT decide to open the valv with those 500-600 sq feet stores. What will happen with this stock ?
  • B
    BM
    Fire & Flower US/B Cubed Cannabis is an official sponsor of the Business of Cannabis: New York summit on September 29.

    https://prohibitionpartners.com/2021/09/13/fire-flower-us-b-cubed-announced-as-sponsor-of-business-of-cannabis-new-york/
  • L
    Little John
    I’m debating on jumping in before the uplisting. I think there is a great future here.
  • j
    james
    just bought 40000 shares. ready for take off after earnngs tomorrow!
  • M
    Mark
    I’m looking at net income from the quarter on yahoo finance. I recall Trevor mentioning EBITDA for the quarter was just over 3 million im seeing net income for the quarter at 19.5 million on yahoo finance though. Am I missing something? Or did yahoo finance screw up? Shouldn’t EBITDA be larger than eps net income?
  • D
    DRPhexoat60cents
    Yikes. Despite opening 7 new stores for a total of 91 Fire and Flower's revenue per store dropped and their total revenue decreased from last quarter. Here is their explanation from the press release:

    Same-store sales decreased 14% for forty-eight (48) stores in operation during the comparable period in Q2 2021 due to a surge in newly licensed retail cannabis stores in Ontario, from 665 at May 1, 2021 to 981 at July 31, 2021.

    Not unexpected but still disappointing. Need U.S. legalization stat.
  • R
    RANKER911
    Happy Friday!!
  • P
    Petar
    Financial Highlights for the Second Quarter period ended July 31, 2021

    Total revenue of $43.3 million compared to revenue of $28.6 million for the second quarter of 2020, an increase of 51.4%
    Total gross profit $16.2 million, or 37.3% of revenue, compared to total gross profit of $10.0 million, or 34.8% of revenues in the second quarter of 2020
    Fifth consecutive quarter of positive Adjusted EBITDA of $3.1 million compared to positive Adjusted EBITDA of $1.1 million for the second quarter of 2020, representing an increase of 176% year over year
  • d
    dale
    anybody else see this....

    Canopy Growth to offer CBD vapes for sale in Circle K stores
    Canadian cannabis producer Canopy Growth Corp. is entering the CBD vape market and will distribute the products exclusively at Circle K locations in the U.S.

    The deal places Canopy’s new Whisl line of CBD vapes at more than 3,000 locations across the United States beginning Oct. 1.
  • R
    RANKER911
    Bring on a good report!!!
  • M
    Martin
    I listened to Trevor's conference at 12:30. I will come back with more comments but just wanted to share this : "Our goal is to become one of the Top-3 global player", and mentionned of course that the relationship with Couche-Tard was the way to achieve this. It's the first time I hear Trevor mention this "top-3". Love big ambitions !
  • F
    Frank
    what would it takes for this stock to go up....
  • S
    Sekka
    I'm long and bullish on FAF. I was hoping that they would highlight the couchetard stores. Guess they didn't have much to say yet 🤷🏻‍♂️
  • C
    Cowboys Fan
    My post was deleted again ! HITI release Q3 results nothing solid compare to FAF !
    FAF is suppose to reach upper level s/p ! Just equal the market cap of HITI, FAF worth 1,41$ !!!

    Still convince this stock is manipulated, at least it worth 1,25$ with all the potential ahead !

    May be ATD.B want to make a public offering at 1,25$ instead of pay future warrants at 1,87$ in 2022 !!!
    Think about it !

    Please do your DD, it's your money !
  • S
    Steven
    This is pretty much at 1x 2022 revenues. Insane.
  • M
    MorkBork
    Well, I have no idea what awaits me but I lowered my average price!
    Go FAF!
  • T
    Thomas
    So, the earnings have produced a market yawn. Not hot, not cold, within expectations. As we all know, US expansion is the key to the future.