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Fire & Flower (TSX:FAF) opens new retail store in Winnipeg

Cannabis, Market News
TSX:FAF
15 March 2023 14:42 (EDT)
Fire & Flower

Fire & Flower Cannabis Retail Stores

Fire & Flower Holdings (FAF) announced the opening of its new cannabis retail store in downtown Winnipeg, Manitoba.

This will be the company’s fifth store in Winnipeg and eighth store in the province of Manitoba in this area.

The cannabis consumer retail and technology platform company stated that the store is designed to deliver a convenience-oriented consumer experience. It will capitalize on the high traffic it expects from events in this district.

Stéphane Trudel, Chief Executive Officer of Fire & Flower, commented on the news.

“The Sports, Hospitality and Entertainment District (SHED) is the focal point of the revitalization of Winnipeg’s downtown. Our location is near the Canada Life Centre which is one of the busiest arenas in Canada.”

The Winnipeg SHED store is located at 330 Portage Avenue. The store allows customers to shop in store as well as online through Fire & Flower’s e-commerce platform.

About Fire & Flower Holdings

Fire & Flower is an independent adult-use cannabis retailer. It focuses on the Canadian market and international expansion opportunities.

The company guides consumers through education-focused, retailing while its Hifyrea digital platform connects consumers with cannabis products. Its brands include Fire & Flower, Friendly Stranger, Happy Dayz and Hotbox.

Fire & Flower Holdings Corp. (FAF) is down 4.31 per cent, trading at C$1.11 per share at 2:23 pm ET.

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