Fire & Flower Holdings (TSX: FAF) is the latest firm working towards a NASDAQ listing. The company this morning announced that it has submitted its initial application to list on the US big board exchange.
The listing is being pursued as part of the firms growth strategy as the company focuses on expanding its brand outside of Canada. While little was said about its actual intentions for international growth, the company identified that the listing is intended to “assist in attracting retail and institutional investors interested in Fire & Flower’s international growth ambitions.”
The listing on the Nasdaq Exchange remains subject to approval. The company has indicated that if approved, it will continue to maintain its listing on the Toronto Stock Exchange as well.
Fire & Flower Holdings last traded at $1.29 on the TSX.
Information for this briefing was found via Sedar and Fire and Flower Holdings. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
