Gopal Bhatnagar

Spyder Cannabis to Acquire a Leading Vape Retailer 180 Smoke

Tuesday, February 23, 2021 - 3:46pm

Vaughan, Ontario--(Newsfile Corp. - February 23, 2021) - Spyder Cannabis Inc. (TSXV: SPDR) ("Spyder" or the "Company"), an established Canadian cannabis and vape retailer, is pleased to announce that the Company has entered into a binding agreement with CRHC Holdings Corp. (the "Seller") to acquire all of the issued and outstanding shares of the entities that collectively comprise the business of 180 Smoke ("180 Smoke"), a dominant vape retailer in Canada.

Key Points: 
  • Vaughan, Ontario--(Newsfile Corp. - February 23, 2021) - Spyder Cannabis Inc. (TSXV: SPDR) ("Spyder" or the "Company"), an established Canadian cannabis and vape retailer, is pleased to announce that the Company has entered into a binding agreement with CRHC Holdings Corp. (the "Seller") to acquire all of the issued and outstanding shares of the entities that collectively comprise the business of 180 Smoke ("180 Smoke"), a dominant vape retailer in Canada.
  • 180 Smoke is a leading Canadian vape product retailer that has been widely regarded as the gold standard for vape store operations and customer service.
  • 180 Smoke has been a very successful Canadian vape retail operator and is the perfect fit to accelerate Spyder's expansion plans."
  • Spyder is a cannabis and vape retailer that operates in jurisdictions where the products are federally legal in Canada.