Tuesday, October 7, 2025

Fire & Flower To Enter US Market Via Licensing Structure With American Acres, Little Details Provided

Fire & Flower Holdings (TSX: FAF) evidently is entering the US market. The firm announced this morning that it has effectively found a way in which it can legally enter the US cannabis market while remaining listed on the Canadian big board, thanks to some strategic maneuvering.

The arrangement will see the company enter into private agreements with a private Canadian company, which currently operates as American Acres Managers. Under the agreement, the company will effectively license its store brand, along with its operating system and HiFyre tech, to a group of dispensaries located in California, Arizona, and Nevada.

The transaction reportedly provides “a discounted path to corporately-owned cannabis retail stores in major markets in the United States.” This is done through the licensing arrangements, which will provide the company the option to acquire American Acres, a US operator, at a discount to fair market value. The option is to be exercised upon a US legalization event.

While the first Fire & Flower branded retail store is to open in Palm Springs in the first half of 2021, little additional information was provided. Financial aspects of the transaction were also not provided, with the company not even providing a store count for the operations that are to span three states.

Fire & Flower Holdings last traded at $1.40 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.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Fire & Flower Sees PI Financial Reiterate $20 Price Target Following Q3 Results

On December 14th, Fire and Flower Holdings Corp (TSX: FAF) announced its third quarter results...

Wednesday, December 15, 2021, 03:39:00 PM

Fire & Flower Sees Couche-Tard Exercise $37.8 Million Worth of Warrants

Fire & Flower Holdings (TSX: FAF) has seen Alimentation Couche-Tard (TSX: ATD.b) up its stake...

Friday, April 29, 2022, 08:23:39 AM

Fire & Flower Repays $2.3 Million Outstanding Debt, Retires $10 Million Debt Facilities

Fire & Flower Holdings Corp. (TSX: FAF) seems to be cleaning up its balance sheet....

Monday, October 25, 2021, 09:47:00 AM

Fire & Flower Launches Pilot Program With Circle K In Alberta

Fire & Flower Holdings (TSX: FAF) is looking to make cannabis retail stores as common...

Monday, July 6, 2020, 09:50:12 AM

Fire & Flower To Be Removed From The TSX

Fire & Flower Holdings (TSX: FAF) has confirmed that the Toronto Stock Exchange will be...

Friday, June 16, 2023, 08:50:47 AM