. Fire & Flower Enters Into Definitive Agreements to Acquire 8 Additional Cannabis Retail Store Locations in Alberta
September 4, 2019 at 7:32 am
Published by NCV Newswire
EDMONTON, Sept. 4, 2019 /CNW/ â€“ Fire & Flower Holdings Corp. (â€śFFHCâ€ť) (TSX: FAF) today announced that its wholly-owned subsidiary, Fire & Flower Inc. (â€śFire & Flowerâ€ť or the â€śCompanyâ€ť) has entered into asset purchase agreements with wholly-owned subsidiaries of Cannabis Cowboy Inc. (the â€śVendorâ€ť) in relation to the acquisition by Fire & Flower of eight proposed cannabis retail stores (the â€śAcquired Locationsâ€ť) under development in the province of Alberta at the following locations:
#1114 â€“ 1108 4th Street SW, Calgary, Alberta; #112 and #116 Sage Hill Valley Common NW, Calgary, Alberta; #212, 11245 Valley Ridge Drive NW, Calgary, Alberta; #120, 6802 50 Avenue, Red Deer, Alberta; #201, 191 Edwards Way NW, Airdrie, Alberta; #401 and #403, 235 Milligan Drive, Okotoks, Alberta; #3, 40 Hewlett Park Landing, Sylvan Lake, Alberta; and #6, 5221 46 Street, Olds, Alberta. This acquisition will increase Fire & Flowerâ€™s retail footprint across the province of Alberta, including three additional high-traffic locations in the major urban market of Calgary.Â Adding these additional retail locations is a demonstration of our Company continuing to execute on our growth strategy in key markets.