Topic: How To Invest

Power Growth Investor Hotline – Friday, September 3, 2021

Article Excerpt

FIRE & FLOWER HOLDINGS CORP., $0.91, is a speculative buy. Through the stock, investors tap the company’s (symbol FAF on Toronto) more than 85 cannabis and accessories stores in Alberta, Saskatchewan, Manitoba, Ontario and the Yukon. Fire & Flower’s alliance with Alimentation Couche-Tard (symbol ATD.B on Toronto), which operates 12,255 convenience stores across North America and Europe, continues to help the pot seller expand and add value for investors. Couche-Tard now owns 22.4% of Fire & Flower. It also holds debentures and warrants, which if exercised would bring its total interest in the company to 50.1%. Meanwhile, Fire & Flower continues to expand its Hifyre digital retail and analytics platform. It believes that Hifyre is the leading Canadian data and analytics platform within the cannabis industry. Hifyre now plans to acquire PGED Corp. for $8.5 million U.S. Through PotGuide, it owns one of the most visited cannabis websites in North America. Along with the proposed acquisition of certain assets of Wikileaf Technologies, the Hifyre…