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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

Comment by cudjoon Nov 07, 2019 1:51pm
58 Views
Post# 30322785

RE:RE:what is missing

RE:RE:what is missingInteresting take, for comparison, ask yourself how many liquor stores do you have in Alberta, in any one community.  The town I visit on my trips up, population of around 9K, has over 11 liquor stores, all of them in a franchise type model or a corporate store. Many of them have been around as long as I have been coming up, years.  You say that stand alone will not be the way pot is supplied to the public, your dreaming if you think Walmart, corner stores and service stations will be selling pot like ciggies. Cannabis is a controlled substance like booze, period.  You go to stand alone liquor stores now in Canada for the most part - some wine and beer in grocery, but thats it, pot is the same, you may see a consolidation with pot and liquor down the road, but as for now, EVERY jursitiction in Canada sells pot in a stand alone entity.  It will never be sold in a gas station or corner store.  ISH has no monopoly in Alberta, nor will it in BC or Ont, but you have to look at what they are doing in Alberta to see what is possible in Ontario and BC when they open those doors.  As for oversupply in Alberta, look again to liquor stores, yes some of them go belly up, but there are literally hundreds and hundreds and hundreds.  How many pot stores licences in Alberta now? 100-200?

ISH is a franchise model for a controlled substance now being sold in Canada, that is why I have bought the stock.  If it was booze that was just legalized, I'd do the same, if it were mushrooms, cocaine, herion or prostitution, I'd do the same.  

Its the franchise model I have bought, in a controlled environment, for a product the masses demand, and with new SKU's coming, the rest really doesnt matter.

Last word on this, You slay your own argument with your own post, Oversupplied - I disagree - see liquor store agruement above, as well as your claim it will be "corner stores", why? Due to demand? too funny??  And lastly, "disproportionately this company" - typically Canadian, critical of success. Good luck
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