Inner Spirit Holdings (ISH) Corporate Presentation August 2018 - PowerPoint PPT Presentation

Inner Spirit Holdings (ISH) Corporate Presentation August 2018

LEGAL DISCLAIMER. The information provided herein is not intended to provide fjnancial, tax, legal or accounting advice. This Corporate Presentation and the contents herein do not constitute or form part of any advertisement, any ofger to sell or any solicitation of an ofger to buy or subscribe for securities of Inner Spirit Holdings Ltd. (the “Company” of “Inner Spirit” or “ISH”) or represent an intention to induce any person to make an investment in the Company or to assist any person in the making of an investment decision. This Corporate Presentation and the contents herein shall not form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever. This Corporate Presentation includes statistical information that the Company has obtained from independent industry publications, government publications, market research reports and other published independent sources. Such publications and reports generally state that the information contained therein has been obtained from sources believed to be reliable. Although the Company believes these publications and reports to be reliable, it has not independently verifjed any of the data or other statistical information contained therein, nor has it ascertained or validated the underlying economic or other assumptions relied upon by these sources. The Company has no intention and undertakes no obligation to update or revise any such information or data, whether as a result of new information, future events or otherwise, except as, and to the extent required by applicable securities laws. Readers should also be advised that the watch, sunglasses and related accessories business of the Company is carried out through its wholly-owned subsidiary, WATCH IT! Consolidated Ltd., and any reference herein to “WATCH IT!” is a reference to such subsidiary. FORWARD LOOKING INFORMATION This Corporate Presentation contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking information”) within the meaning of applicable securities legislation. Forward-looking information in this Corporate Presentation include, but are not limited to, statements or information with respect to: the Company’s intended strategy; the Company’s ability to execute its strategy and ensure success; the expected legalization of recreational cannabis; market expectations; intended products, delivery systems and partnerships; and other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Actual results, performance or achievement could difger materially from that expressed in, or implied by, any forward-looking information in this Corporate Presentation, and, accordingly, readers of this Corporate Presentation should not place undue reliance on any such forward-looking information. Forward-looking information involves signifjcant risks, assumptions, uncertainties and other factors that may cause actual future results or anticipated events to difger materially from those expressed or implied in any forward-looking statements and accordingly, should not be read as guarantees of future performance or results. Forward-looking information involves numerous risks and uncertainties including, but not limited to, the ability of management to execute its business strategy, objectives and plans; that the Company will have suffjcient capital to fund its business plans; general economic and business conditions; changes to laws, regulations, rules, rulings, policies, procedures and other instruments applicable to the Company and its business; the risk of disruptions to the Company’s supply chain; risks associated with the Company’s reliance on key personnel; and changing consumer sentiments. Forward-looking information contained in this Corporate Presentation is based on the Company’s current estimates, expectations and projections, which the Company believes are reasonable as of the current date. The Company can give no assurance that these estimates, expectations and projections will prove to have been correct. Historical statements should not be taken as a representation that such trends will be replicated in the future. No statement in this Corporate Presentation is intended to be nor may be construed as a profjt forecast. FUTURE-ORIENTED FINANCIAL INFORMATION This Corporate Presentation also contains future-oriented fjnancial information and fjnancial outlook information (collectively, “FOFI”) including, but not limited to, prospective annual revenue, prospective net profjt, prospective system wide sales, and components thereof, all of which are subject to the same assumptions, risk factors, limitations, and qualifjcations as set forth in the above paragraphs. FOFI contained in this Corporate Presentation was made as of the date of this Corporate Presentation and was provided for the purpose of providing information about management’s current expectations and plans relating to the future, and for certain illustrative purposes. The Company disclaims any intention or obligation to update or revise any forward looking statements or FOFI contained in this Corporate Presentation, whether as a result of new information, future events or otherwise, unless required pursuant to applicable securities law. Readers are cautioned that the forward-looking information and FOFI contained in this Corporate Presentation should not be used for purposes other than for which it is disclosed herein. The forward-looking statements and FOFI contained in this Corporate Presentation are expressly qualifjed by this cautionary statement. THIS CORPORATE PRESENTATION MAY NOT BE REPRODUCED, FURTHER DISTRIBUTED OR PUBLISHED IN WHOLE OR IN PART WITHOUT WRITTEN PERMISSION FROM THE COMPANY. A U G U S T 2 0 1 8 | 0 2

The start of something incredible. Inner Spirit Holdings Ltd. is applying a successful franchise and retail model to the anticipated recreational cannabis industry. It has already achieved signifjcant milestones, including entering into strategic partnerships, procuring and making investments, and developing a growing portfolio of proprietary brands. With a group of over 100 franchise partners, and corporate retail cannabis locations in various stages of development, Inner Spirit Holdings is positioned to be a leader in the recreational cannabis industry. A U G U S T 2 0 1 8 | 0 3

The Canadian legal recreational cannabis market is expected to generate up to $4.34 billion in sales in 2019. Source: Deloitte Recreational 2018 Cannabis Report FOR ILLUSTRATION PURPOSES ONLY The average retail sales of the top 50 dispensaries in the state of Washington for the month of February 2018 was $550,506 which extrapolates to approx. $6,606,072 per year, per dispensary. Source: www.502data.com A U G U S T 2 0 1 8 | 0 4

The Inner Spirit Strategy Build an iconic Canadian brand and Sell select brands together with our Utilize a low CAP X franchise and a chain of recreational dispensaries proprietary licensed brands through streaming strategy to maximize ROI across Canadian jurisdictions where our own retail network and other and scalability. private distribution of cannabis is distribution channels. legalized. Franchising to maximize ROI Franchise fees, royalties, sales of Franchisees pay 5% royalty on house brands, and supplies for a gross sales, and additional 1% of variety of revenue streams. gross sales to Spiritleaf’s advertising fund. Franchisees cover build-out costs; Franchisees source product from pay upfront $25,000 franchise fee Inner Spirit’s licensed providers to (includes employee training and access top suppliers and benefit from strategic partnerships. * services to set up a turnkey operation). *Subject to applicable laws and regulations in the applicable jurisdictions and subject to applicable changes. A U G U S T 2 0 1 8 | 0 5

The Retail Brand S P I R I T L E A F T E X T U R E A C H A N G E O F + + I N I T I A L S O F A L E A F P E R S P E C T I V E A positive force that enlightens - Spiritleaf is about enjoying life with those who make us happy, and viewing every day as an opportunity to try something new. Breaking from norms, embracing the unexpected much like the products we ofger. and sharing meaningful moments that shape who we are. Our proposed dispensaries will be a meeting place for those who value life changing experiences above material possessions. A hub for like-minded people, and the most trusted source when it comes to cannabis product quality and knowledge. A U G U S T 2 0 1 8 | 0 6

The Space An open spaced opportunity to reimagine the typical retail environment of a dispensary. This concept uses more contemporary motifs, but balances the inherent starkness with personable illustration as well as accenting greenery. The Brand Spiritleaf values an inclusionary approach to the recreational cannabis retail experience: its stores will offer an impressive selection of products, knowledgeable staff and a welcoming and comfortable environment. A U G U S T 2 0 1 8 | 0 7

The Goods F L O W E R S / P R E - R O L L S / O I L S & E X T R AC T S We plan to source, create and curate quality cannabis brands. The Spirit Joint Disposable Vaporizer Our marquee product. Anticipated to be one of the most discreet, disposable vaporizers on the recreational cannabis market. 150 pufgs of pure CO2 cannabis oil. No smell, no lighter, no charging, no prep, no hassle. A U G U S T 2 0 1 8 | 0 8

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