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. > too many stores??? WHAT!!!

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Post by StSebastianon Mar 11, 2020 7:13pm

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Post# 30796153

too many stores??? WHAT!!!

Did I really read someone say Alberta was saturated with too many stores...

So lets look at Colorado because it has been legal the longest in the states and is the most mature market I thought of,

there are 572 retail stores and 449 Medical dispensaries as of Oct 2019 with a population of 5.611 Million people and an area covering 269837 Sq KM's

Alberta had 270 retail stores in Oct 2019 with a population of 4.371 Million people and an area covering 661848 Sq KM's

so the math tells me we have room to grow in Alberta, and the AGLC Board agrees and predicts 500 stores by the end of 2021, as an interesting side note, Colorado marijuana dispensaries broke an annual sales record for the sixth straight year in 2019, and they're already on track for a new high in 2020.

All links provided for reference, if you feel like disputing, by all means do so, however verifiable facts are what counts

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