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September 2, 2020Industry News
7 Tips to Drive Retail Traffic to Your Cannabis Store Grand Opening
Faai Steur, VP of Marketing, Cova Software Retailers have long known that a grand opening event can be an incredibly effective way of boosting their retail traffic.Cannabis retailers, though, face a number of challenges when it comes to organizing events like these: they can’t give away free cannabis, and in some jurisdictions can’t even advertise...
September 1, 2020Industry News
Legal cannabis beats illicit pot
By David Wylie We are at a significant milestone in Canadian cannabis history. Legal cannabis surpassed the black market for the first time. Statistics Canada data shows spending on legal weed (medical and recreational combined) was $803 million, while spending on illicit pot was $785 million in the second quarter of 2020. The scales are...
August 26, 2020Industry News
Inner Spirit Holdings Ltd. (CNSX:ISH) Expands its Spiritleaf brand with Additional Stores in Alberta and Ontario
With a strong back from local, national, and international brands, Inner Spirit Holdings Ltd. (CNSX:ISH) is seeking to become a pioneer in the Canadian recreational cannabis market. The company has been realigning its strategies to seize this once in a lifetime opportunity. With 20 years of franchising, marketing, and retailing experience, it is clear that...
August 26, 2020Industry News
INNER SPIRIT BOUNCING BACK
Author: Jacquie Maynard After reporting a loss of over $10 million for 2019, Inner Spirit Holdings (Spiritleaf) is slowly but surely moving back into the black. In a statement released on Monday, the company reported $20.5 million in system-wide sales for this quarter, up 19% from last quarter, and up 343% from this time last...
August 24, 2020Industry News
Inner Spirit’s retail franchise model nets first EBITDA profit
The company says it hit its first quarter of positive EBITDA with the majority of its 58 Spiritleaf stores franchised out Jared Gnam Inner Spirit Holdings Ltd. (CSE: ISH) says its Spiritleaf retail franchise model helped it reach a new financial milestone during the pandemic. On Monday, the cannabis retailer reported its first...
August 24, 2020Press Release
Inner Spirit Holdings Announces Second Quarter 2020 Financial Results with Over $20 Million in System-Wide Retail Sales1, Record Total Revenue and Positive Adjusted EBITDA1
Canada’s largest single brand network of recreational cannabis stores achieves positive cash flow from operations CALGARY, Alberta (August 24, 2020) – Inner Spirit Holdings Ltd. (“Inner Spirit” or the “Company”) (CSE:ISH), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it has filed its interim Financial Statements and corresponding...
August 19, 2020Toronto
Largest Cannabis retailer in Canada
Spiritleaf Little Italy is now open and ready to welcome you to meet all of your Cannabis needs. Join us for a little tour inside the shop. INSPO TV is a proud supporter of local businesses that promote peace, love and harmony through their philosophy like Spiritleaf . Get a peak inside the Spiritleaf Little Italy,...
August 18, 2020Industry News
Spiritleaf cannabis retailer continues to grow across Canada despite ‘challenges of trailblazing’
Article by: Denise Deveau Spiritleaf’s retail expansion story is one most operations would envy. With 58 franchised and corporate-owned stores open for business, and more than 30 currently under development, the cannabis retailer is thriving despite the challenges the COVID-19 pandemic has brought to the scene. “Our cannabis retail network has grown to become the largest...
August 11, 2020Edmonton
One Hitters with Emily Shelley of Spiritleaf Argyll
SHOW NOTES One Hitters is a chance to get to know the guests of the Cannabis 101 Podcast just a little more. Emily Shelley is a budtender with Spiritleaf Argyll and we sat down to get her cannabis history. She was part of the Spiritleaf Bus Tour this week. You can find full episodes and...