Fire & Flower Holdings (TSXV:FAF) announced Tuesday (July 23) that it has received a licence to operate a cannabis store in Whitehorse, Yukon.
As quoted in the press release:
Upon opening, this will be the 24th Fire & Flower branded, licensed cannabis store and will be located at #110, 80 Chilkoot Way, Whitehorse, Yukon.
In addition to continuing to deliver on Fire & Flower’s rapid near-term rollout schedule, the receipt of a licence in the Yukon territory demonstrates Fire & Flower’s ability to successfully open cannabis retail stores in provinces across Canada where private cannabis retail is permitted.
“The receipt of a cannabis retail store licence in the Yukon demonstrates Fire & Flower’s ability to successfully open retail stores rapidly across multiple jurisdictions with varying regulatory requirements,” shared Trevor Fencott, Fire & Flower’s Chief Executive Officer. “The opening of a Fire & Flower store in this northern Canadian market will enable us to further understand cannabis purchasing preferences through our proprietary Hifyre digital platform, that in turn will allow us to better tailor our experience to local markets. We look forward to becoming members of the Whitehorse community and welcoming local customers into our store.”