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Fire & Flower Corp (CVE:FAF) CEO on Ottawa Cannabis Store’s $50,000 First Day Sales
Fire & Flower Holdings Corp (CVE:FAF) (OTCMKTS:FFLWF) CEO Trevor Fencott is thrilled by the success of the company’s Fire & Flower York Street Cannabis store opening on April 1 in Ottawa. Fencott reveals the Fire & Flower branded shop, located in Ottawa’s Byward Market, made $50,000 in systems sales on its first day. Fencott estimates that just half of the province’s 25 retail shops opened at the start of April. The company’s Fire & Flower branded Kingston location had a soft-opening on April 1 and will be open to the public within a week of Ontario’s private retail store launch. Fencott also provides an update on the company’s retail operations in Western Canada. He notes that private retailers are allowed to have e-commerce platforms and offer delivery in Saskatchewan and he believes such ancillary models could be successfully applied to other provinces.