GREY:INSHF - Post by User
Comment by
BuddyGuyManon Jan 25, 2020 1:37pm
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Post# 30598704
RE:RE:RE:RE:Dumpster
RE:RE:RE:RE:DumpsterIt's not worth listening to people like Dumpster. They are only on these boards to try to get other investors to sell their stock. In the meantime, people like Dumpster are either shorting the stock, or just looking for a lower entry. Waste of time to listen to. When the stock starts moving up, they disappear from the board because they've covered their shorts &/or bought their position.
I'm not saying to ignore any negatives or risks with any stock. But just don't listen to illogical arguments with no substance. It's a waste of time.
stockboy52 wrote: In the past you have compared liquor stores to cannabis retail and have also compared pizza, donuts, groceries, drugstores etc to this industry. You suggest that cannabis franchise outlets such as Spiritleaf don’t have a chance because their product is widely available elsewhere and these guys have nothing “proprietary”. That opinion is contradictory on your part and examples such as food retail are not relative. Now back to liquor stores. Where is the branding? What is the necessity? What’s proprietary? It is all alcohol in one form or another and Canadians like to indulge in their favourite poison in one form or another whether it’s beer, wine, spirits, or liqueurs. It sells itself. There are a dozen liquor stores in my small town and all doing great business, private, government, some of them franchised (Liquor Depot is BC’s and Alberta’s largest franchised company with 130 stores). No different than the cannabis industry and Spiritleaf with flower, oil, edibles, vapes etc. Spiritleaf has great chance to be a major player in this game in sheer volume and quality of stores alone. Ever been in one? Because of the franchise model, store limitations in provinces like Ontario, our largest market in the future are not limited. The 3400 cannabis stores across Canada one day was based on facts and estimates from the US States that are years ahead of us. There are over 4000 liquor stores across Canada at present.
This is a “build it and they will come” scenario. A no brainer for future growth. The numbers are there and you have been shown many times by good informative posts, but in your world of negative bashing to save us all is kind of funny for a guy that is here everyday if not every hour. Obvious what you are doing. My bet is you own more of this stock than I do.