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Fire & Flower And Alimentation Couche-Tard Enter Into A Master Licensing Agreement

Fire & Flower And Alimentation Couche-Tard Enter Into A Master Licensing Agreement

Fire & Flower 和 Alimentation Couche-Tard 簽訂主許可協議
Benzinga ·  2023/04/17 21:10

Fire & Flower Holdings Corp. (OTCQX:FFLWF) (TSX:FAF) announced advancements in the relationship between the company's strategic partner, Alimentation Couche-Tard Inc. (OTCPK:ANCTF) and Fire & Flower through the completion of a Master License Agreement with MC Cannabis Inc., an indirect wholly-owned subsidiary of Couche-Tard.

Fire & Flower 控股公司 (OTCQX: FFLWF) (多倫多證券交易所:FAF) 已公佈 關係的進步 在公司的戰略合作伙伴之間, Alimentation Couche-Tard Inc. (OTCPK: ANCTF) 和 Fire & Flower 完成了 主許可協議MC 大麻公司,Couche-Tard的間接全資子公司。

Overview of the Master Licensing Agreement

主許可協議概述

  • Fire & Flower will have the exclusive right of first opportunity to negotiate with Couche-Tard with respect to entering new retail cannabis businesses and franchise arrangements in Canada, as well a potential retail expansion to additional legal cannabis markets outside of Canada.

  • Couche-Tard has exclusively committed to developing Fire & Flower branded retail cannabis stores in Ontario under the Master Licensing Agreement.

  • The first five Fire & Flower branded retail cannabis stores will be recently opened co-located stores, adjacent to Circle K convenience stores in the Greater Toronto Area that are currently operating as MC Cannabis Inc. and will be re-branded to Fire & Flower.

  • Fire & Flower將擁有首次與Couche-Tard就進入加拿大新的零售大麻業務和特許經營安排以及向加拿大以外其他合法大麻市場的潛在零售擴張進行談判的專有權利。

  • Couche-Tard專門致力於根據主許可協議在安大略省開發Fire & Flower品牌的大麻零售門店。

  • 前五家 Fire & Flower 品牌的大麻零售商店最近將開設同地門店,毗鄰 K 圈子 大多倫多地區的便利店目前以MC Cannabis Inc.的名義運營,並將更名爲Fire & Flower。

"With the signing of this agreement, we have achieved another important step forward with our strategic partner, Couche-Tard. We continue to work closely together to build a sustainable growth engine, leveraging Couche-Tard's high quality real estate assets, retail operations expertise and capital, accelerating our path to profitability and goal of free cash flow," stated St√phane Trudel, CEO of Fire & Flower. "Successful retail is built on delighting our customers with great locations, people and products. Today, we have expanded our ability to grow the Fire & Flower network, in Canada and other international legal cannabis markets by adding this scalable building block that we can further refine together in the first federally legal cannabis market in the world."

“隨着該協議的簽署,我們與戰略合作伙伴Couche-Tard又向前邁出了重要的一步。我們將繼續密切合作,利用Couche-Tard的高質量房地產資產、零售運營專業知識和資本,構建可持續增長引擎,加快我們的盈利之路和實現自由現金流的目標。” st√phane Trudel,Fire & Flower 首席執行官。“成功的零售業建立在以優越的地理位置、人員和產品取悅我們的客戶爲基礎。今天,我們通過添加這種可擴展的基石,擴大了我們在加拿大和其他國際合法大麻市場發展Fire & Flower網絡的能力,我們可以在世界上第一個聯邦合法的大麻市場中共同進一步完善這些構件。”

Steve Pitts, vice-president of operations, central Canada, of Couche-Tard, stated: "Couche-Tard is pleased to have entered into a Master License Agreement with Fire & Flower. The Hifyre digital retail platform, including the Spark Perks membership program and the Spark Marketplace app, will bring a distinct competitive advantage to our cannabis stores. The current co-located cannabis stores adjacent to Circle K locations and anchored by convenience stores, fuel and car wash offerings are showing growth and we look forward to combining this with the recognized Fire & Flower brand and technology-enabled shopping experience to make it easy for customers."

史蒂夫·皮茨Couche-Tard加拿大中部運營副總裁表示:“Couche-Tard很高興與Fire & Flower簽訂了主許可協議。該 Hifyre 數字零售平臺,包括 Spark Perks 會員計劃和 Spark 市場 應用程序,將爲我們的大麻商店帶來明顯的競爭優勢。目前與Circle K分店相鄰並以便利店、燃料和洗車服務爲支撐的大麻商店正在呈現增長,我們期待將其與公認的Fire & Flower品牌和技術支持的購物體驗相結合,爲客戶提供便利。”

Photo: Benzinga edit with photos by armoluk and lindsayfox on Pixabay

照片:Benzinga 在 Pixabay 上使用 armoluk 和 lindsayfox 的照片進行編輯

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