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. > Inner Spirit Aims To Reduce Licensed Producer Ownership

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Comment by StSebastianon Jan 12, 2020 7:12am

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Post# 30543573

RE:RE:RE:RE:RE:Inner Spirit Aims To Reduce Licensed Producer Ownership

YOU'RE RIGHT, franchises are terrible investements, look at McDonalds... FAIL, A+W... FAIL, heck, even Pizza Pizza... FAIL! lmao. go play the pump and dumps, I hear Cantrust is rocking it

DumpsterFires wrote:

RetiringYoung wrote: Financials are out

With $29M in sales for 2019 and 5-7% flowoing to ISH(?), I just don't get it. Under $3M, that's a nice little privately owned company no a recipe for pubco and shareholder value. With the franchise model, you need the fully allowed corporately owned stores and hundreds of franchises.

You've actually hit the nail on the head. It continues to amaze me that people actually think this company has any business trading publicly or that it will ever amount to more than a flea on an elephant's azz. So many of these penny pot plays might actually do well as private entities making a tidy profit for the ownership and even the employees but as stocks on the exchange they are not viable and never will be. Delusions of grandeur affect Bondar and the bozos on this board that think they're going to make a killing here. All these stores open and yet revenues are mediocre considering the expectations the market has of the franchise model.

Its no wonder this thing has tanked so badly and unlikely to recover.