Fire & Flower, a network of 79 retail dispensaries in Canada and the developer of the Hifyre technology platform, has signed a licensing agreement with American Acres that will bring the brand to the U.S.
The strategic agreement offers a path forward for Fire & Flower in California, Arizona and Nevada (and beyond) by getting the brand in front of U.S. consumers and providing American Acres with a digital-forward data platform. The first Fire & Flower-branded store will open in Palm Springs, Calif., in the first half of this year.
“For us, the us is this amazing opportunity because we’ve already honed our craft in a really competitive environment,” CEO Trevor Fencott said. Competition is the backbone of the industry, and Fencott is eager to get into that game in more open environments—rather than the limited license markets elsewhere in the U.S. With consumer engagement and data in the foreground, he said there’s an opportunity to go deep with tech and compete on the retail side of the cannabis industry.
It wasn’t too long ago, in late 2017 when Fire & Flower got started, that product selection in Canada was practically nil: “We have dry cannabis or cannabis oil. What