Inner Spirit Holdings Ltd. INSHF

RE:RE:RE:RE:profits?

[Toweringmars]

Jumpy, your math is a little off my friend. 100 stores is way off considering a large portion of these are franchisees. And I'm sorry but 1.5m weekly is a ridiculous number, someone show me these dispensaries and their financials on Sedar, cause even the Medmen branded ones (which are the apple top class ones in the US (with a far bigger market segment than Canadian cities) are only running around 1m per quarter minus cost of sales) Assuming we get 10 corporate stores (and basing my math off American Dispensaries (more specifically the one MDM owns) in far bigger cities in the US where Rec is legal. They were generating 360k roughly with a cost of sales at about 200k, leaving them with 160k a quarter in pure profit.) 160k/3 months is around 53k a month X 10 and we're looking at 533k monthly rev from corporate stores once fully operational. That's 1.6m pure profit quarterly which is admirable. Then factor in the money from clothing and accessories (I wont speculate here). And then the other factor is the 5k buy in from franchisees 5k X 90 stores = 450,000. But being a one time thing you cant necessarily factor that into any recurring revenue models. Then the other kicker is 5% royalty (profit sharing) agreement with the franchisees. So if we can be conservative for a moment here, assuming each store is generating 150k quarterly in profit, our cut of that profit is $7500 per store (not including any ISH branded products which we would be generating us profit in other divisions). $7500 x 90 stores brings us to 675000 quarterly in royalties. Again, admirable, but not nearly what the LP's will be making from what I can see. However our operational cost should be far lower. And essentially can generate profit without much work at the helm. My math may be wrong, but based of these calculations we can feasibly project roughly 2.275m in pure profits per quarter. This in my opinion is stellar, but the key is getting to develop these stores and carving out our stake in the market. With marketing showing that people usually pick a brand they like, and stick to it, I just hope we're able to establish as many stores as possible and get them running by the 17th.