Spyder Cannabis Changes Name to Delota Corp.…


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Spyder Hashish Inc. a longtime Canadian hashish and vape retailer, is happy to announce that it has modified its identify to “Delota Corp.” . In reference to the Identify Change, the Firm will commerce beneath the ticker image “LOTA”.The Firm expects that its frequent shares will start buying and selling on the TSX Enterprise Alternate beneath its new identify and ticker image on November 22, 2021.”We’re at a pivotal stage in our …

Spyder Hashish Inc. (TSXV: SPDR) (the “Company”), a longtime Canadian hashish and vape retailer, is happy to announce that it has modified its identify to “Delota Corp.” (the “Name Change”). In reference to the Identify Change, the Firm will commerce beneath the ticker image “LOTA”.

The Firm expects that its frequent shares will start buying and selling on the TSX Enterprise Alternate (the “TSXV“) under its new name and ticker symbol on November 22, 2021.

“We are at a pivotal stage in our Company’s growth, and we felt it was an important and opportune time to reset. A fresh identity was needed to make that happen,” said Cameron Wickham, Govt Vice Chairman and Chief Govt Officer of Delota Corp. “The name ‘Delota’ itself refers to the chemical label for delta-9-THC, and iota is the ninth letter in the Greek alphabet. Combined, the new word refers to our ongoing commitment to the cannabis market, but also subtly opens the door for us to venture into other like-minded, high-growth sectors. The timing couldn’t be better as we focus on growing our retail footprint and prepare to launch our new Offside Cannabis dispensary brand.”

The brand new ISIN for the Firm’s frequent shares is CA24713H1001 and the CUSIP is 24713H100.

About Delota Corp.

Delota Corp. (previously, Spyder Hashish Inc.) is a longtime hashish and vape retailer that owns and operates two licensed dispensaries beneath the model SPDR Hashish in Ontario and 27 vape retail places throughout Ontario beneath the retail model 180 Smoke. 180 Smoke is a number one omni-channel Canadian vape retailer with a powerful ecommerce presence and over 230,000 registered clients throughout its B2C channel.

Cautionary Statements

This press launch incorporates “forward-looking statements or information”. Ahead-looking statements might be recognized by phrases resembling: anticipate, intend, plan, objective, search, imagine, undertaking, estimate, anticipate, technique, future, seemingly, could, ought to, will and related references to future intervals. Examples of forward-looking statements on this press launch embody, amongst others, the anticipated date that the frequent shares will commerce beneath the Firm’s new identify and buying and selling image and statements we make concerning details about future plans, expectations and goals of the Firm general, together with the Firm venturing into different like-minded, high-growth sectors, rising their retail footprint and the Firm launching their new Offside Hashish dispensary model.

Ahead-looking statements are neither historic details nor assurances of future efficiency. As an alternative, they’re primarily based solely on our present beliefs, expectations and assumptions concerning the way forward for our enterprise, future plans and techniques, projections, anticipated occasions and developments, the economic system and different future situations. As a result of forward-looking statements relate to the long run, they’re topic to inherent uncertainties, dangers and modifications in circumstances which can be troublesome to foretell and plenty of of that are exterior of our management. Our precise outcomes and monetary situation could differ materially from these indicated within the forward-looking statements. Subsequently, you shouldn’t depend on any of those forward-looking statements. The Firm could not truly obtain its plans, projections, or expectations. The forward-looking statements and data are primarily based on sure key expectations and assumptions made by the Firm. Necessary elements that might trigger our precise outcomes and monetary situation to vary materially from these indicated within the forward-looking statements embody, amongst others, the next: the Firm not venturing into different like-minded, high-growth sectors, being unable to develop their retail footprint and being unable to launch their new Offside Hashish dispensary model, the adequacy of our money stream and earnings, the supply of future financing and/or credit score, developments and modifications in legal guidelines and rules, the affect of Covid-19 or different viruses and illnesses on the Firm’s skill to function, client sentiment in the direction of the Firm’s merchandise, failure of counterparties to carry out their contractual obligations, authorities rules, competitors, lack of key workers and consultants, and normal financial, market or enterprise situations, the affect of know-how and social modifications on the merchandise and trade, in addition to these threat elements mentioned or referred to in disclosure paperwork filed by the Firm with the securities regulatory authorities in sure provinces of Canada and accessible at www.sedar.com. Given these dangers, uncertainties and assumptions, you shouldn’t place undue reliance on these forward-looking statements.

Any forward-looking assertion made by us on this press launch is predicated solely on info presently accessible to us and speaks solely as of the date on which it’s made. Besides as required by relevant securities legal guidelines, we undertake no obligation to publicly replace any forward-looking assertion, whether or not written or oral, that could be made every now and then, whether or not on account of new info, future developments or in any other case.

The TSXV has neither accepted nor disapproved the contents of this information launch. Neither the TSXV nor its Market Regulator (as that time period is outlined within the insurance policies of the TSXV) accepts accountability for the adequacy or accuracy of this launch.

For additional info, please contact:

Delota Corp.

Cameron Wickham

Govt Vice Chairman and Chief Govt Officer

T: (905) 330-1602

E: data@delota.com

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/release/104207


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