CEA Industries Completes Acquisition of Fat Panda

CEA Industries ( (CEAD) ) just unveiled an update.

On June 9, 2025, CEA Industries completed its acquisition of Fat Panda, a leading vape retailer and manufacturer in Central Canada with over 50% market share. The acquisition, valued at CAD $18.0 million, aims to accelerate CEA’s strategic diversification and growth in the regulated nicotine market. Fat Panda operates 33 retail locations and an e-commerce platform, generating CAD $38.5 million in revenue with 39% gross margins in the fiscal year ended April 30, 2024. The acquisition is expected to enhance CEA’s market positioning by leveraging Fat Panda’s established brand, experienced leadership, and profitable operating model.

Spark’s Take on CEAD Stock

According to Spark, TipRanks’ AI Analyst, CEAD is a Underperform.

CEA Industries is in a precarious financial position with significant challenges in revenue and profitability. Technical indicators suggest bearish momentum, compounded by poor valuation metrics. Strategic restructuring may be necessary to stabilize the company’s financial health.

To see Spark’s full report on CEAD stock, click here.

More about CEA Industries

CEA Industries Inc. is a growth-oriented company focused on building category-leading businesses in regulated consumer markets, particularly in the high-growth Canadian nicotine vape industry. The company targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models, providing capital, operational expertise, and strategic resources to accelerate retail expansion and strengthen e-commerce infrastructure.

Average Trading Volume: 11,449

Technical Sentiment Signal: Sell

Current Market Cap: $6.18M

For an in-depth examination of CEAD stock, go to TipRanks’ Stock Analysis page.