Fire & Flower Reports 51% Increase In Q2 2021 Revenue, Fifth Consecutive Quarter Of Positive Adjusted EBITDA

Cannabis company Fire & Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) reported on Tuesday its financial and operational results for the second quarter of 2021, revealing a  51% year-over-year increase in revenue to CA$43.3 million ($34.2 million).

Moreover, the Toronto-based company revealed that the quarter ended July 31 was the fifth consecutive quarter of positive adjusted EBITDA which totaled CA$3.1 million, up by 176% year-over-year.

"Our unique capability to apply today's most advanced for collecting consumer buying behaviors to deliver the strongest e-commerce experience is an invaluable asset in our industry," Trevor Fencott, the company's CEO, disclosed. "We are extremely pleased to be entering a new stage of our growth as we continue to leverage and monetize our tech-enabled platform to expand upon our leadership position and enter new growth markets utilizing an …

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