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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 Toweringmarson Jan 24, 2020 8:46am
36 Views
Post# 30593261

RE:RE:RE:Dumpster

RE:RE:RE:DumpsterYou say that with really zero basis other than your own delusion. How is this an inexperienced management team? Because they havent opened up yogurt shops across the world? Because they dont have the backing of people who ran coffee shops that failed? Or perhaps because they dont have the financial hands in the pot from a corner store conglomerate? Its retail man, literally they could run a shady liquor store in a low income neighbourhood and still sell. Weed sells itself. Especially with all the pressure on the black market and the prices falling like a knife. At one point growing and selling weed illegally becomes unprofitable and not worth the hassle. On top of that, the brands they have required about 40 stores to be up and running before they could actually launch brands that would have sell-through capacity. They we're right minded in not rushing the JV on the vapes and have to sit on a pile of inventory while Alberta has a ban, and Ontario is talkng about a heavy sin tax on them to stop kids. They have a few franchisees that we're up for budtender of the year awards. The have the best 'first-to-market' case for Ontario and other provinces once they adapt to the only real working model for retail. And even at that, they have corporate stores just like any other play, why not have your top line management deal with a few small incedentals on managing the franchisee business and reap the rewards when the brands do launch. The royalties are nice too. Like I dont get why you're so hot and heavy about hating this company... I get the little fart plays like SUGR and the poorly ran EVE, but this has money written all over it. Retail is majorly underserved, especially when comparing them to the LP side of things, and this company has been making all the right moves... Rather than sink a pile of money into creating a supply chain and IPO they bought into the Watch IT! Brand... Yes a little shady considering it was Bondars, but the guy has ambition. They've since divested of that now that it is no longer needed, and seemingly have been operating smoothly. I mean theres literally people talking about how nice the stores are online, I dont get how you think its all smoke and mirrors? What exacty do you have against this company... Seriously, list them all out, if you're going to plague the board like a stalker in Wuhan, at least list out all the grievances you have against them and let people decide wether or not they have merrit.
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