GREY:INSHF - Post by User
Comment by
SS76on Sep 13, 2018 1:35pm
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Post# 28613777
RE:RE:RE:ISH On Watch!!
RE:RE:RE:ISH On Watch!!This is very well said. In the short term, as other Cannabis SP's get hit....I suspect you will see this one buck the trend. Momentum is turning in its favour, and a new trading level over 0.50 is shortly on its way.
makeshift wrote: ...the connection with RRL is minor. RRL (Sugarbud) will supply premium brands of cannabis but ultimately many companies will want to sell their product in Spiritleaf stores.
The stronger connection is with HIP. Each Spiritleaf store will have premium Up Cannabis (owned by HIP) lounges. HIP will also be a supplier of product. Better yet, Inner Spirit Holdings is setting up their own grow facilities and will become a grower + supplier to their Spiritleaf locations so full vertical integration into the cannabis market.
Don't forget Inner Spirit Holdings owns Watch It! (watchit.ca). With smart watches (Apple watch, Samsung...) making strong pushes into the market, other watch makers will start offering their own smart versions and Watch It! stores will gain more attention and only help strengthen an already exciting company.
To add more stability to the stock... Spiritleaf franchise owners (and most likely their friends) will be long term shareholders. All-in-all this is a solid long term play.
GLTA!