CSE:ISH Inner Spirit Holdings Corporate Presentation February 2019
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. F E B R U A R Y 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 recreational cannabis industry. With a group of over 100 franchise partners, corporate retail cannabis locations, and a proprietary brand portfolio under various stages of development, Inner Spirit Holdings is positioned to be an industry leader. F E B R U A R Y 2 0 1 9 | 0 3
Investment Highlights Leverage to Canadian legal recreational Low-cost and highly scalable franchising Strategic partnerships with premium cannabis market. The Canadian adult use model to maximise ROI – more than 100 producers creates a fully integrated market is currently worth up to $5.0B and corporate and franchise locations under business model is expected to grow to $7.0B in FY22 1 development across Canada Proprietary house brands to offer Highly experienced team with consumers a market-leading retail significant expertise in the cannabis, experience branding, consumer retail, real estate and franchising industries F E B R U A R Y 2 0 1 9 | 0 4
Meet the Team Darren Bondar Chris Gulka Cecil Horwitz Jeremy Lee President & CEO CFO Business Development Controller ∙ ∙ ∙ ∙ 20 years experience in retail CPA and CFA with > 26 years Extensive experience in retail Experience across fjnancial and franchise industries business experience sales since beginning of reporting, controlling and WATCH IT! in 1999 fjnance functions ∙ ∙ Previously founded WATCH IT! President of Working Capital ∙ ∙ in 1999 Corporate since 1999 Founder and clinical director of Previously at Big 4 accounting Whole Family Health fjrms and in industry roles ∙ ∙ Bachelor of Arts from Western Founded Passport Energy Ltd., ∙ ∙ Ontario University and MBA and was the CFO of Rochester Cannabis advocate for both Chartered Accountant from University of Alberta Energy Corp. health and recreational use designation in 2000 Robert Verbuck Christine Kitz Alisa Kuzmina Legal & Capital Markets Operations Creative Director ∙ ∙ ∙ Corporate securities lawyer Oversees business systems and Overseas ISH’s commitment to with 20 years experience operations at ISH creative excellence ∙ ∙ ∙ Since 2014, actively involved in Previously held fjnancial, strategic Signifjcant experience working advising businesses in the and human resources within the retail and franchise cannabis industry positions within the retail sector industries ∙ ∙ Law degree from the University Degree in Communications of Toronto with a Major in Information Design F E B R U A R Y 2 0 1 9 | 0 5
Recommend
More recommend