Fire & Flower Reports 6th Consecutive Quarter Of Positive EBITDA, 37% YoY Revenue Increase In Q3

Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWD) announced its financial and operational results on Tuesday for the fiscal third quarter ended October 30, 2021.

The Toronto-based company reported a 37% year-over-year improvement in revenue and sixth consecutive quarter of positive adjusted EBITDA.

Trevor Fencott, the company's CEO said that apart from its "continued strong financial performance," Fire & Flower's progress in the third quarter was demonstrated by its "many growth opportunities that we successfully advanced in order to solidify our high-margin, asset-light cannabis retail business model."

Over the period, the company wrapped up the acquisitions of online cannabis platforms PotGuide and Wikileaf, "setting the stage for the role out of our expanded e-commerce digital platform strategy," Fencott explained.

The company also bolstered …

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