Inner Spirit Holdings has been acquired by Sundial Growers!
We're excited to announce Sundial is now operating Spiritleaf's retail cannabis network across Canada. We'll soon close out the Inner Spirit website, so here is how you can stay connected with the incredible Spiritleaf brand we've built and its new owner.
For Spiritleaf cannabis store updates, visit spiritleaf.ca or follow @SpiritleafCA. For Sundial corporate updates, visit SNDL Group or follow @SundialCannabis.
SEE THE NEWS HEREAn Iconic Canadian Cannabis Company.
Inner Spirit Holdings Ltd. (or ISH) has applied a successful franchise and corporate retail store model to Canada’s recreational cannabis industry. Spiritleaf has become Canada’s largest single-brand retailer and the first to surpass 80 stores and $100 million in annual system-wide retail sales. Expansion plans for 2021 anticipate us operating 100-plus Spiritleaf stores by year-end. We lead and inspire a Spiritleaf nation of franchise partners, employees, guests, communities, strategic partners and shareholders.
Did You Know?
Spiritleaf retail cannabis stores operating from coast to coast across Canada served 2.3 million customers in 2020.
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Learn moreCanada’s legal cannabis market size is projected to double from $6.5 billion in 2019 to $11 billion in 2025.
Source: Defining the Cannabis Sector in Canada – EY Report, March 2019
Number of Canadians consuming cannabis has grown since legalization to 5.3 million, approximately 18% of the population.
Source: Statistics Canada National Cannabis Survey, May 2019
Canadians purchasing cannabis from legal sources as opposed to the illicit market has jumped from 23% to almost 50% since legalization.
Source: Statistics Canada National Cannabis Survey, May 2019
Inclusion of edibles to Canada’s recreational cannabis market is expected to add 1.5 million new consumers.
Building partnerships
and growing brands.
Each Spiritleaf store offers a curated collection of leading cannabis brands. Inner Spirit Holdings is developing its own private label cannabis products under the Origins banner to provide the company with world class product and premium supply from hand-selected producers. Other strategic partnerships and investments have been made with Auxly Cannabis Group, Hexo Corp. (Up Cannabis), Tilray (High Park), LOOP/POOL and High Times Magazine.
July 20, 2021
Sundial Growers Completes the Acquisition of Spiritleaf Retail Cannabis Network
Sundial enters the Canadian cannabis retail space with the addition of the country’s largest single brand network with 100-plus retail locations Calgary, AB (July 20, 2021) — Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) is pleased to announce the completion of the previously disclosed arrangement (the “Arrangement“) whereby Sundial has acquired all of the issued and...
July 14, 2021
Inner Spirit Holdings Announces Shareholder Approval of Arrangement with Sundial Growers
CALGARY, Alberta (July 14, 2021) – Inner Spirit Holdings Ltd. (“Inner Spirit” or the “Company”) (CSE: ISH) (OTCQB:INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, is pleased to announce that at the special meeting (the “Meeting”) of shareholders of Inner Spirit (“Shareholders”), the Shareholders approved the plan of arrangement (the “Arrangement“)...
July 9, 2021
Inner Spirit Holdings Celebrates Opening 100th Spiritleaf Cannabis Store
Country’s largest single-brand network of retail cannabis stores marked event in Nation’s Capital where Canadian government legalized recreational cannabis just 33 months ago CALGARY, Alberta (July 9, 2021) – Inner Spirit Holdings Ltd. (“Inner Spirit” or the “Company”) (CSE:ISH) (OTCQB:INSHF), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced the...