Inner Spirit Holdings Announces Licence for New Spiritleaf Corporate Store in Jasper And Opening of Additional Spiritleaf Franchised Store in Calgary

Published: July 3, 2019

Inner Spirit Holdings Ltd., a Canadian company establishing a national network of retail cannabis stores under its Spiritleaf brand, announced it has received a licence from Alberta Gaming, Liquor and Cannabis (the “AGLC”) for a corporate-owned retail cannabis store in Jasper, Alberta, the commercial centre of Jasper National Park. The store will be located in Jasper at 618 Patricia Street and will open this month.

The Company also announced that its franchised retail cannabis store in Calgary’s Crescent Heights community at 920 Centre Street NE is expected to open on Wednesday, July 3. Please visit www.spiritleaf.ca for more information, including operating hours.

“Spiritleaf will be an awesome addition to the town of Jasper and for people enjoying the National Park in the Canadian Rockies,” said Darren Bondar, President and CEO of Inner Spirit. “Our team is excited to open in the heart of the town centre and to provide a quality recreational cannabis experience to the community of Jasper and for park visitors. Additionally, the opening of another Calgary-based retail cannabis store further solidifies our expanding network in the key Alberta market. We look forward to continuing our push to obtain licences and open locations for retail cannabis stores as we efficiently build out Spiritleaf’s national network to serve customers and drive value for investors.”

The retail cannabis stores referenced today arrive on the heels of recent store openings in Calgary (Beltline) and Edmonton (Old Strathcona), Alberta and in Castlegar and Vernon, British Columbia. Spiritleaf-branded retail cannabis stores are also open and operating in Brooks, Lethbridge, St. Albert, Calgary (Stonegate) and Edmonton (Argyll), Alberta; Moose Jaw, Saskatchewan; and Kingston, Ontario.