Independent Canadian cannabis retailer Fire & Flower Holdings Corporation FAF FFLWF has qualified to trade on the over-the-counter market.
Fire & Flower began trading Friday under the ticker symbol "FFLWF."
Fire & Flower join the ranks of over 10,000 U.S. and international securities listed on the OTC market. By joining the OTC market, Fire & Flower can go beyond Canada, providing the U.S. market with company information via its home market reporting, according to a press release.
The Canadian company said it aims to capture a large share of Canada's retail cannabis market, though no specific metrics were mentioned. At this time, Fire & Flower operates in five provinces: Alberta, Saskatchewan, Ontario, Manitoba and Yukon.
An additional provincial expansion could be on the horizon: Fire & Flower is in competition to operate in New Brunswick.
The stock was down 6.29% at 64 cents at the time of publication.
Related Links:
Fire & Flower Reports Q3 Net Income Of $10.2M
Canopy Growth, Fire & Flower Among Companies Bidding To Operate New Brunswick's Cannabis Sales
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