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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

Post by cudjoon Oct 04, 2018 2:13pm
72 Views
Post# 28746434

institutional ownership

institutional ownershipso far this is what I have found, anyone else?

Knightswood Financial, 25.9 million shares
Grenville Strategic Royalty Corp, 14.4 million
Cannabis Wheaton Income Corp, 17.5 million

Totals 57.945 million of the 173 million current float, around 33-34%

As for franchises in this sector, retail pot, only one so far, us.  As to the claims of hundreds of millions in profits and 100's of stores, not going to happen.  This is not a pop stock, this is a stock for your 401K.  It is going to build as we add more stores, some will be corporate, the majority franchise.  It could pop on a take out which is very possible with current market cap.  On line sellers will have wings clipped if they do not get a licence, ownership restrictions on percentage of the market is going to limit us in the west, Ontario appears to be looking like open season but they are way behind on licencing, BC only has one official licence to sell in the whole province at the moment, that is in Kamloops.  The sector has a great deal of growing up to do, the frenzy in the grow sector is done, I doubt we will see it in the retail, but if institutions start to pile on, this is a 3-5 bagger from here IMO.  We have a big wall at 30 cents, need some news to fuel some buying, accumilating daily here.... Good luck, do your own dd.

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