Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 May 01, 2019 9:23am
204 Views
Post# 29693921

NR financials

NR financialsI dont know about anyone else but a NR about financials without any financial news is pretty suspect. On the posts here about low compensation is the reason insiders are selling shares is pretty suspect, WatchIt salaries almost top 2 million and is the reason for the exceptional losses in 2018, pretty suspect to why Inner bought it, of course we know why, I don't know about anyone else, lots not adding up for me, again, no support for the sp after this, good luck.

Revenue Notes Retail revenue $ 4,970,521 $ 2,760,613 Royalties 205,348 110,606 Advertising 54,344 29,963 Millwork 376,369 - Franchise fees 12 88,750 - Supply revenue 96,053 11,090 Total revenue 5,791,385 2,912,272 Cost of goods sold 5 3,166,071 1,518,595 Gross profit 2,625,314 1,393,677 Operating expenses General and administrative 2,201,793 765,901 Salaries, wages, and benefits 2,917,136 1,053,889 Occupancy costs 1,503,824 451,276 Depreciation and amortization 7,8 696,857 131,244 Sales and marketing 527,038 295,484 Total operating expenses 7,846,648 2,697,794 Operating loss before other expenses (5,221,334) (1,304,117) Share-based compensation 15(d)(e) 843,863 - Unrealized loss on marketable securities 4 2,092,828 - Impairment loss 7,8 3,526,918 - Interest expense 11 4,990 36,433 Royalty expense 13 5,040 58,132 Loss before income taxes $ (11,694,973) $ (1,398,682) Recovery of deferred taxes 19 - 63,500 Net loss and comprehensive loss $ (11,694,973) $ (1,335,182)
<< Previous
Bullboard Posts
Next >>