Inner Spirit Holdings Ltd. INSHF

Province of Alberta suspends issuance of Licences due to....

[hintonkid]

I see on the news this afternoon that the Province of Alberta has temporarily suspended the issuance of MJ licenses to retail outlets due to MJ shortages and the inability of the system to consistantly fill orders from retailers.  One retailer reported that they have only received about 20% of their order from their supplier.  The report suggested that the suspension could last as short as 3 months or as long as 1.5 years.  They just didn't know.  Retailers have been experiencing shortages throughout the country as retailers struggle to keep up with the demand.   In one way this logistical situation reflects negatively but, on the other hand, I suppose investors could look at the situation in another, more positive light.  Better that retailers be running out of stock due to demand and the industry underestimating the demand then there being too much inventory and not enough demand for the product to go around.  At least investors know that when the industry finally gets all of the bugs out of the system they are going to have a real firecracker of an industry to be part of. 

This could be one of the factors, in addition to the unsettled markets, that is having an affect on the share-price of ISH.