Fire & Flower Announces Additional Licence to Open Cannabis Retail Store in Calgary, Alberta

Published: June 21, 2019

Fire & Flower Holdings Corp. and its wholly-owned subsidiary Fire & Flower Inc. has received an additional licence from the Alberta Gaming, Liquor and Cannabis Commission (the “AGLC”) to open its second licensed cannabis retail store in Calgary, Alberta. The store will be located at 7108 MacLeod Trail, Calgary, Alberta and is the 19th Fire & Flower branded, licenced store location in the Company’s retail network. This announcement follows Fire & Flower’s previous news release on May 31, 2019 announcing the Company’ near-term store rollout schedule.

“Our team is excited to open a second licensed cannabis retail store in the major market of Calgary and we look forward to welcoming Calgarians into our new location,” said Trevor Fencott, Fire & Flower’s Chief Executive Officer. “Fire & Flower had built out this location in anticipation of the issuance of additional cannabis retail licences in the province of Alberta. Receiving our licence to operate this store validates our strategy of building locations in advance and creates a clear path to rapidly opening new markets.”

It is anticipated that the second Calgary licensed store will open the week of July 8. The location has been open since January 2019 to showcase the Fire & Flower retail experience including best-in-class cannabis education. Once cannabis products have been received, the location will offer a full assortment of cannabis products from licensed producers.