Inner Spirit Holdings Ltd. Closes Private Placement and Strategic Investments
CALGARY, Feb. 8, 2018 /CNW/ – Inner Spirit Holdings Ltd. (“Inner Spirit” or “the Company”), a specialty retailer and franchisor establishing recreational cannabis dispensaries across Canada under the Spiritleaf brand, today closed the final tranche of its previously announced private placement (the “Private Placement”), for gross proceeds of approximately $4.5 million. In addition to achieving the important milestone of securing 100 franchise agreements, the Company also provided an update on its recent agreements with Cannabis Wheaton Income Corp. (TSX-V: CBW) and Grenville Strategic Royalty Corp. (TSX-V: GRC-X).
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