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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

Post by HarrisTWon Feb 26, 2020 11:17am
73 Views
Post# 30735597

Sustainability of individual store fronts

Sustainability of individual store frontsHello everyone!

I am curious whether anyone can answer I question I have relative to Inner Spirit.

Do you know, at current sales levels, whether Spiritleaf's storefronts are sustainable?  As in, at current sales levels, can an individual Spiritleaf's revenues cover its costs and remain open?

I feel like this is the million dollar question.  In my mind, there is absolutely no way that current sales levels do not steadily increase.  In addition, if Spiritleaf's current stores are able to sustain themselves, then the number of storefronts will only increase nationally.  This is an obivous recipe for a profitable long-term future.

Any information you may have related to my query would be greatly appreciated!

Thanks in advance,

-TW
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