Inner Spirit Holdings Ltd. INSHF

RE:RE:Updated list...

[RetiringYoung]

Has anyone done the calculation of how much of that revenue will flow through to ISH?

ie 6-8% X franchised stores and 100% X corporate stores? Would it break $5M?

cudjo wrote: Thanks Jessa, using the numbers you have supplied I get Q1 sales somewhere in the vicinity of $16.861M.  That is using the average spend per customer for 5 months Aug/Dec 2019 which comes to just under 40 bucks extrapolated to number of customers in the first quarter.  

Now a variable will be the panic buying in late Feb and March as the current global situation unfolded so I am assuming it will be a bit more than the average spend of just under 40 per customer.  I can only dream the panic over TP mirror pot purchases, lol, not, wonders never cease on the stupidity of people in a crises. These purchases would have been consumed IMO, people are home all over Canada, and here, with more time on their hands.  

I don't think my assumption of added sales per customer in Q1 will have a great effect on Q2 and 3 consumption as we normalize and science gets a grip on this, and we all tire of the isolation.  I am willing to bet Q1 comes in closer to 17 million, maybe even a bit over.  The one store we have in Ont will have reduced numbers because of Ontario covid restrictions, but it is one store.  This global crises sucks, but remember, vices do well in ressesions etc.  Retail pot stocks in Canada have been holding their own amoung the crash, yes, even this 10 cent stock, some like FAF have been a good buy if you timed it right ;), still is IMO, as is ISH

Good luck all, keep washing your hands.