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

Published: June 5, 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 a licensed cannabis retail store in Calgary, Alberta. The announcement comes following the previous released news that the AGLC has lifted the moratorium on new cannabis retail licences.

“We are excited to open a licensed cannabis store in the major market of Calgary. This location will be open in advance of Calgary Stampede and is one of the closest locations to Stampede Park. We are enthusiastic about the anticipated performance of this major market location,” shared Trevor Fencott, Fire & Flower’s Chief Executive Officer. “This store has been built out in anticipation of additional licenses and the ability to rapidly open this store upon receipt of the licence validates Fire & Flower’s first-to-market strategy.”

It is anticipated the first Calgary licensed store will open the week of June 24 and will be located at 3916 MacLeod Trail, Calgary, Alberta. 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.