Founded in 2013, Fat Panda operates 33 high-traffic retail locations across Manitoba, Ontario, and Saskatchewan, supported by a national e-commerce platform. “This acquisition marks a significant milestone for CEA as we expand into a dynamic, high-growth regulated vertical benefiting from strong consumer demand,” said Tony McDonald, Chairman and CEO of CEA Industries. Strategic Benefits of the TransactionLeads Central Canada’s Regulated Vape Market – Fat Panda operates 33 corporate-owned stores across three provinces with over 50% regional market share, establishing immediate category leadership. – Fat Panda operates 33 corporate-owned stores across three provinces with over 50% regional market share, establishing immediate category leadership. About CEA Industries Inc.CEA Industries Inc. (NASDAQ: CEAD) is a growth-oriented company focused on building category-leading businesses in regulated consumer markets.