Knowledge Hearth & Flower’s Guess To Contend With The Greatest Cannabis Tech Businesses
Fire & Flower Holdings Corp. (TSX: FAF) (OTC: FFLWF) and its wholly-owned subsidiary Hifyre Inc. not long ago declared a proposed acquisition of PGED Corp., the operator of PotGuide.com.
Adhering to the company’s $7.5 million purchase arrangement to receive one more on the web cannabis platform Wikileaf Technologies Inc. (CSE: WIKI), Hearth & Flower’s retail and analytics platform, Hifyre, will compete with the greatest and greatest valued hashish engineering businesses.
With a intention of developing white-labeled on line dispensaries and changing the targeted traffic into hashish and accessory purchases, Fire & Flower will use the property acquired by means of PotGuide and Wikileaf to get to new customers. This product, presently proven effective in the Canadian industry, will present significant scalability via the white-labeling e-commerce platform and exposure to the U.S. cannabis market.
Potguide and Wikileaf’s existing subscriber foundation of about 225,000 hashish shoppers represent a obvious opportunity for advancement of Fireplace & Flower’s Sparks Benefits software, which now boasts additional than 300,000 subscribers. Spark Perks customers get special added benefits exactly where permitted, including Spark Fastlane click-and-gather checkout, customized tips, curbside pickup, free quick shipping and delivery and unique deals. No cannabis buy is essential to sign up for the absolutely free software. Orders positioned as a result of these new digital dispensaries will be fulfilled at accredited retail outlets in FAF’s community in Canada and the U.S.
Commenting on the specials, CEO Trevor Fencott advised Benzinga, “As a Hashish retailer, the acquisitions of PotGuide and Wikileaf will only more our situation atop the marketplace. By combining these means with Hifyre, we’ll get to individuals through new procedures permitting for amplified gross sales and model information in the market. The expanded get to Fireplace & Flower now possesses by means of both equally acquisitions will allow us to achieve digital people, an vital issue in our organization product of making a seamless, safe hashish searching experience.”
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