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Bullboard - Stock Discussion Forum 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 Discussion

Inner Spirit Holdings Ltd. > Do Market Makers want to walk this higher
View:
Post by Djwburr on Nov 16, 2018 4:45pm

Do Market Makers want to walk this higher

So Auxly can bring down their ownership to the 10% requirement set forth by the province of Ontario? Don’t say it’s ridiculous because IMO Auxly will definitely need to unload some shares one way or another. They need this walked up so they don’t kill it offf
Comment by Jessa7 on Nov 16, 2018 5:43pm
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Comment by Djwburr on Nov 16, 2018 7:11pm
Thanks for the confirmation. Hopefully they are not forced to dump. The streaming model they have set up you would think would have them exempt from the 10% rule but then again we’re dealing with government. In any case, if the move today was of genuine investors this could be the start of smashing down some resistance. Good luck!
Comment by Chrysanthalas on Nov 16, 2018 11:03pm
How much of Ish does Auxly have?
Comment by Djwburr on Nov 17, 2018 8:29am
Auxly has 27,263,158 shares of Inner Spirit as at Sept 30th.
Comment by predawn on Nov 17, 2018 7:26pm
this will be a interesting wrinkle for sure and will cause market desention ]]]]]][ quote=Djwburr]So Auxly can bring down their ownership to the 10% requirement set forth by the province of Ontario? Don’t say it’s ridiculous because IMO Auxly will definitely need to unload some shares one way or another. They need this walked up so they don’t kill it offf[/quote]
Comment by Jessa7 on Nov 17, 2018 8:05pm
This post has been removed in accordance with Community Policy
Comment by predawn on Nov 17, 2018 9:17pm
XLY claim a 15% ownership? one assumes thats a fully diluted claim? the new law does not have anything to do with "controll of a LP"   it simply states a LP "or its afilliates " hold more than 9.9% and clearly XLY holds 15% and are Clearly a Afilliate;;       
Comment by Jessa7 on Nov 17, 2018 9:43pm
This post has been removed in accordance with Community Policy
Comment by Jessa7 on Nov 18, 2018 5:07am
This post has been removed in accordance with Community Policy
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