Inner Spirit Holdings Ltd (ISH)

[NYOptionsGuy]

Inner Spirit Holdings Makes Strategic Investment in High Times Holdings Corp.


SOURCE: https://mjobserver.com/investments/stocks/inner-spirit-holdings-makes-strategic-investment-in-high-times-holdings-corp/

Calgary, AB — September 13, 2018 — /D.M.O. Newswire/ — Inner Spirit Holdings Ltd. (“Inner Spirit” or “the Company”) (CSE:ISH), a specialty retailer and franchisor establishing recreational cannabis dispensaries across Canada under the Spiritleaf brand, today announced that it has made a strategic investment in High Times Holdings Corp. (“High Times”), acquiring 10,000 shares of High Times for $110,000 USD. The investment is part of High Times’ crowdfunding campaign in anticipation of its planned NASDAQ listing later this year. In connection with the investment, Inner Spirit has been granted the right to, among other things, distribute High Times magazine in Spiritleaf stores across Canada.

In addition, as part of the transaction with High Times, Inner Spirit and Spiritleaf customers, as well as other stakeholders, will have the opportunity to share in lifetime Super VIP access to all future and expanding High Times’ Cannabis Cup festivals around the world. The Limited-Edition Cannabis Cup Investor Trophy and other collectable items, including a copy of the legendary inaugural High Times issue, will be displayed at the Inner Spirit head office and Spiritleaf stores across Canada.

FULL RELEASE: https://mjobserver.com/investments/stocks/inner-spirit-holdings-makes-strategic-investment-in-high-times-holdings-corp/