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Inner Spirit Holdings Ltd. INSHF

Consumer Cyclical Healthcare Cannabis
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

Inner Spirit Holdings Ltd. > Is it normal
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Comment by Optimum-A55on Dec 04, 2018 3:10pm
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Post# 29063313

RE:Is it normal

RE:Is it normal

Public companies release material nonpublic information such as earnings reports outside of stock market trading hours. Releasing such information during market hours would require the exchanges to issue a trading halt until pending news was released. If a company is going to release material news during the trading day, it must notify the exchange on which it trades at least 10 minutes prior to the release. Then the exchange will impose a trading halt that typically lasts an hour.

Disrupting trading with news in that fashion is undesirable for obvious reasons. Releasing earnings news before or after market hours allows market participants to absorb and interpret the information in a reasonable amount of time, resulting in a more organized reaction when trading begins again.

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