News Hexo to buy 48North Cannabis for $50M Amid a wave of consolidation, the Ottawa firm says the deal will give it a top-2 position in the Canadian adult-use weed market Jared GnamMay 17, 2021
News Sundial to buy weed retailer Inner Spirit for $131M Calgary-based producer will get 86 Spiritleaf pot shops that Inner Spirit owns and franchises Jared GnamMay 5, 2021
Industry update Inner Spirit leads cutthroat Canadian cannabis retail sector with 70 stores In tight competition with High Tide and Fire & Flower, the firm edges ahead in the retail footprint race with its expanding franchise model Nick LabaJanuary 7, 2021
Analysis Ontario speeds up cannabis retail approvals again amid applicant frustration But approving 80 retail licences a month will lead to saturation in some regions, according to BCMI analyst Chris Damas Jared GnamDecember 9, 2020
The weed wire 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 GnamAugust 24, 2020
The weed wire Inner Spirit hires former Deloitte exec as cannabis gets more corporate MediPharm Labs also taps BMO Capital Markets chief operating officer to its board Jared GnamJuly 15, 2020
Canada Canadian retailers applaud provinces for calling cannabis ‘essential’ Ontario and Quebec included cannabis stores as an essential service, but Prince Edward Island has closed its liquor and cannabis stores Jared GnamMarch 25, 2020
Industry update Inner Spirit opens more Alberta pot shops, eyes Ontario expansion The cannabis retailer will open two new Alberta weed stores this week, plans for 30 more in Ontario by end of 2020 Jared GnamFebruary 21, 2020
Canada From weed home appliances to canned cannabis: Lift & Co. expo day 2 (photos) The expo floor opened Friday allowing attendees to explore over 280 exhibitor booths Michelle GamageJanuary 11, 2020
Canada Ontario cannabis sheds lottery retail system, welcomes open market Retailers will be able to apply for and open new stores by April 2020 Michelle GamageDecember 13, 2019