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Inner Spirit Holdings Ltd. INSHF

Inner Spirit Holdings Ltd. has established a growing network of recreational cannabis stores across Canada under its Spiritleaf brand. The Spiritleaf network includes franchised and corporate-owned stores. The company aims to be the most knowledgeable and trusted source of recreational cannabis by offering a premium consumer experience and quality curated cannabis products.


GREY:INSHF - Post by User

Comment by cudjoon May 15, 2020 10:44am
76 Views
Post# 31033116

RE:RE:BMO Nesbitt douche

RE:RE:BMO Nesbitt douchemtd, I do agree, the stock is highly speculative, as for risky, that is for each investor to decide and offering an opinion there only highlights that your adverse to risk.  Saying no institutional interest, again, is only a point in time....right now.  Institutions will come into the market in a bigger way, (there are institutional holders of retail pot stocks now, even penny stocks, even here, 1,), when the feds down here decide that pot is a great source for tax revenue, and by gwad, it is needed as the future is being mortgaged away, it will bring institutional investors to Inner IMO.  Its the franchise model that will be the attraction, the fact they have the most locations, and hopefully soon a balance sheet not bleeding red.  This will take time, I am saying up to 6 quarters away minimum. 

Retail investors are always fearful of losing money, that is the only reason this websites like this exists, but you are correct, volume is needed to build a foundation.  The company is moving in the right direction to build that foundation with the largest number of stores in Canada and with a growth approach that only a franchise model can bring without huge sums of coin from deep pockets.  Ulitmately, therein lies the risk for sole corporate stores and why I personally like the model here, I own both types, and yes, even a penny stock with institutional support.  Good luck, wash your hands.
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