/NOT FOR DISSEMINATION IN THE UNITED
STATES OR FOR DISTRIBUTION TO UNITED
STATES WIRE SERVICES/
OTTAWA, April 2, 2019 /CNW/ - Fire & Flower
Holdings Corp. ("Fire & Flower" or the "Company") (TSXV: FAF),
today announced Fire & Flower York Street Cannabis, one of
Ottawa's first legal, adult-use
cannabis stores achieved opening day system sales in excess of
$50,000.
"We are thrilled to see that consumers in Ottawa were so pleased with the Fire &
Flower retail experience," shared Trevor
Fencott, Chief Executive Officer of Fire & Flower.
"Achieving more than $50,000 in the
first day of sales is an impressive milestone and demonstrates Fire
& Flower's ability to deliver a best-in-class cannabis retail
experience."
"As the first store open in Ottawa, we are grateful to members of our
community who have shown us such incredible support," said licence
holder Michael Patterson. "The
ability to achieve such remarkable opening day sales would not have
been possible without the expertise of all members of the Fire
& Flower team," added licence holder Eric Lavoie.
Fire & Flower York Street Cannabis is located at 129 York
Street in Ottawa's ByWard Market.
The store was open from 10:00 am to 10:00
pm on April 1, 2019. Regular
operating hours are available on the Fire & Flower website at
fireandflower.com.
About Fire & Flower
Fire & Flower is a leading purpose-built, independent
adult-use cannabis retailer poised to capture significant
Canadian market share. The Company guides consumers through the
complex world of cannabis through education-focused, best-in-class
retailing while the HiFyre digital platform connects consumers with
cannabis products. The Company's leadership team combines extensive
experience in the cannabis industry with strong capabilities in
retail operations.
Fire & Flower Holdings Corp. owns all issued and outstanding
shares in Fire & Flower Inc., a licenced cannabis retailer in
the provinces of Alberta and
Saskatchewan and is a consultant
and licensor to Fire & Flower-branded retail locations in
province of Ontario.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION
This news release contains certain
forward-looking information within the meaning of applicable
Canadian securities laws ( "forward-looking statements"). All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as
"anticipate", "achieve", "could", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "outlook",
"expect", "project" and similar words, including negatives thereof,
suggesting future outcomes or that certain events or conditions
"may" or "will" occur. These statements are only
predictions.
Forward-looking statements are based on the opinions and
estimates of management of the Company at the date the statements
are made based on information then available to the Company.
Various factors and assumptions are applied in drawing conclusions
or making the forecasts or projections set out in forward-looking
statements. Forward-looking statements are subject to and
involve a number of known and unknown risks and uncertainties, many
of which are beyond the control of the Company, which may cause the
Company's actual performance and results to differ materially from
any projections of future performance or results expressed or
implied by such forward-looking statements. No assurance can be
given that the expectations reflected in forward-looking statements
will prove to be correct.
The Company assumes no obligation to publicly update or
revise forward-looking statements to reflect new information,
future events or otherwise, except as expressly required by
applicable law.
SOURCE Fire & Flower Holdings Corp.