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Bullboard - Stock Discussion Forum 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 Discussion

Inner Spirit Holdings Ltd. > Tiny market cap!
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Post by BuddyGuyMan on Feb 07, 2019 8:14am

Tiny market cap!

Nobody knows for sure which company will be the biggest retail winner in in the end.  I'm not coming on here trying to make unsubstantiated claims, but let's look at the facts for a sec.

Inner Spirit / Spiritleaf has the smallest market cap of the main retail plays. Currently 5 stores up and running, over 100 franchise agreements in place, 3 corporate locations ready to open in Calgary, Edmonton, and Jasper. an additional 3 corporate locations recently secured in prime locations in Calgary and Canmore, plus applications in BC, and Ontario franchises imminent.  On top of this, you also get a free watch company ('Watch It!') with 13 stores generating steady cashflow.
 
Westleaf $257m
Alcanna $190m
Meta $125m
High Tide $80m
Inner Spirit $37m
Comment by mtd121215 on Feb 07, 2019 8:38am
Funny, in your comparison among retailers you don't include the "FACT" that ISH only collects a 6% royalty. Don't brag about the watch company, their revenues are up, but their earnings keep steadily declining. Anyone can sell something, but a good management team will atleast turn a profit. Not a vote of confidence for their new cannabis franchise. Also I may add that Auxly ...more  
Comment by Jessa7 on Feb 07, 2019 9:52am
This post has been removed in accordance with Community Policy
Comment by Jessa7 on Feb 07, 2019 10:03am
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Comment by Toweringmars on Feb 07, 2019 11:06am
LMFAO wrong again bud. FSD didn't hold up their end and lost their one claim to fame. They don't have the capital to finish their full phase 1. And as its noted in the release, have structural issues with the old junker building they bought. Now Auxly will likely take them to court for that 7.5 million and redeploy 50 million in capital... Who will the lucky winner of that 50mm be? Would ...more  
Comment by ThePumperSlayer on Feb 08, 2019 10:46am
This post has been removed in accordance with Community Policy
Comment by Toweringmars on Feb 08, 2019 11:17am
Got no time for your hurt feelings today. Sorry.
Comment by ThePumperSlayer on Feb 08, 2019 2:05pm
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