BREAKING: Spyder Cannabis to Acquire a Leading Vape Retailer 180 Smoke

• ~ $13M in 2020 revenue
• 18 brick and mortar locations / 8 Franchises
• Potential for some locations to obtain #Cannabis dispensaries license

RECENT HIGHLIGHTS

Niagara Falls Cannabis Dispensary

• Company is in receipt of its Retail Store Authorization for its Niagara Falls dispensary located at 6474 Lundy's Lane.
• The location is in operation while ensuring it complies with COVID 19 provincial regulations and focusing on its curbside pickup and delivery business.

Calgary Cannabis Dispensary

• Announced that its Calgary Cannabis dispensary located at 140-104 58 Avenue SE, was open for business effective Saturday, September 26, 2020.

Online and e-Commerce

• In order to address the challenges presented by the COVID 19 crisis, the company has focus on building up the online and e-commerce components for its US Hemp CBD only locations, in Atlantic City and West Palm Beach.
• Specifically, the company has launched a US website as well as an affiliate program to generate increased awareness of the Spyder brand at ShopSPDR.com.

Signed Retail Agreement with Tanger Outlet, Gaining Access to Millions of Consumers Coast-to-Coast in the U.S.

• Announced an arrangement through which Spyder will open 5 hemp boutique locations with potential for more at Tanger Outlet centers throughout the United States
• Agreement will expand Spyder's physical footprint to a projected 11 total locations by the end of this year, with the potential for additional locations in the future
• Tanger Outlet operates 39 upscale outlet shopping centers located in 20 states coast to coast and will allow us access to millions of consumers

Established Product Portfolio

Spyder Cannabis signed an exclusive agreement with Tetra Natural Health, a subsidiary of Tetra Bio-Pharma, to distribute the three flavors of its Hemp Energy Drink in cannabis accessory stores, vape stores, and kiosks in Canada and the United States.

 Hemp-Derived Market Opportunity

Retail Layout