share_log

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 签订主许可协议
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) (多伦多证券交易所:FAF) 已公布 关系的进步 在公司的战略合作伙伴之间, Alimentation Couche-Tard Inc. (OTCPK: ANCTF) 和 Fire & Flower 完成了 主许可协议MC 大麻公司,Couche-Tard的间接全资子公司。

Overview of the Master Licensing Agreement

主许可协议概述

  • 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将拥有首次与Couche-Tard就进入加拿大新的零售大麻业务和特许经营安排以及向加拿大以外其他合法大麻市场的潜在零售扩张进行谈判的专有权利。

  • Couche-Tard专门致力于根据主许可协议在安大略省开发Fire & Flower品牌的大麻零售门店。

  • 前五家 Fire & Flower 品牌的大麻零售商店最近将开设同地门店,毗邻 K 圈子 大多伦多地区的便利店目前以MC Cannabis Inc.的名义运营,并将更名为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."

“随着该协议的签署,我们与战略合作伙伴Couche-Tard又向前迈出了重要的一步。我们将继续密切合作,利用Couche-Tard的高质量房地产资产、零售运营专业知识和资本,构建可持续增长引擎,加快我们的盈利之路和实现自由现金流的目标。” st√phane Trudel,Fire & Flower 首席执行官。“成功的零售业建立在以优越的地理位置、人员和产品取悦我们的客户为基础。今天,我们通过添加这种可扩展的基石,扩大了我们在加拿大和其他国际合法大麻市场发展Fire & Flower网络的能力,我们可以在世界上第一个联邦合法的大麻市场中共同进一步完善这些构件。”

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加拿大中部运营副总裁表示:“Couche-Tard很高兴与Fire & Flower签订了主许可协议。该 Hifyre 数字零售平台,包括 Spark Perks 会员计划和 Spark 市场 应用程序,将为我们的大麻商店带来明显的竞争优势。目前与Circle K分店相邻并以便利店、燃料和洗车服务为支撑的大麻商店正在呈现增长,我们期待将其与公认的Fire & Flower品牌和技术支持的购物体验相结合,为客户提供便利。”

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

照片:Benzinga 在 Pixabay 上使用 armoluk 和 lindsayfox 的照片进行编辑

Related News

相关新闻

Fire & Flower Q3 Revenue Declines Slightly YoY, What About Adjusted EBITDA?

Fire & Flower 第三季度收入同比略有下降,调整后的息税折旧摊销前利润呢?

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
    抢沙发