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.

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Inner Spirit Holdings Ltd. > Down she goes

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Comment by BuddyGuyManon Jun 21, 2019 2:01pm

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RE:RE:Down she goes

I guess we'll see what wins - technicals or fundamentals. The company has a dozen locations opening within the next month, which increases their footprint by 170%. Plus 30 other locations in line to get licenses this summer, which will mean an increase of 600% from today. Many of these locations are franchises, which cost the company next to nothing, but generate a steady 6% royalty, plus revenue from franchise fees, plus revenue generated by Spiritleaf branded products. Plenty of franchisees signed in Ontario as well when the green light comes from the province. If that's not enough, the company has $10 million cash in the bank to sustain itself through lease holds and expansion. Good luck all.

pleazu69 wrote: bids are building at .15.. It might stall there as a support, but I do see your possible .08- .11 because the "head & shoulder " kneckline is broken

NickCool wrote: My prediction it will start taking slowly but surly down to 0.11 in the next couple of weeks.

Dont put any money into it wait for the big drop if you have any stocks get out while u still can

Good luck