Spire has appointed Tim Humberstone as its chief strategy officer. "Tthere is nobody who knows cannabis security and compliance better," said Spire's chief executive officer, Andy Richards.
Friday Night Inc () has closed its previously announced acquisition of Spire Secure Logistics.
READ Friday Night diversifies portfolio as it acquires security firm
Friday Night issued 7.69mln common shares to the shareholders of Spire at a deemed price of 65 cents a share.
Spire has strengthened its team with the appointment of Tim Humberstone, a former law enforcement leader and someone who is regarded as an expert in Canada's regulated cannabis sector.
Humberstone will be Spire's chief strategy officer, charged with leading Spire's growth in Ontario.
“I’ve been courted by a lot of companies in the cannabis sector,” said Humberstone.
“It’s no accident I chose to join the team at Spire Secure Logistics. Spire has been quietly establishing a presence across Canada, and I’m excited to take the lead in Ontario,” he added.
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