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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

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Post by teamcannabis on Nov 22, 2018 1:11pm

the details

she read the same article in the finnincial post like everyone else on november 16. nac has lp ownership at 12%,ontario rules say you can own 9.9%.so aphria,cantrust and vivo have to lower their %.she like to scare everybody and thinks she knows more than the board of directors.   

1.lps sell nac stock on open market to bring% down to 9.9,which they are already doing.
2.nac buys back enough stock  from lps to drop to 9.9%
3.nac dilutes the stock,create and hold more shares so what they bought is 9.9%
4 my favorite,split the stock

nac/meta/secondcup  plan to enter ontario market is underwaythey will have hundreds and hundreds of stores in ontario.you can also read the press release yesterday stateing they are currently the largest retail company in canada,and always will be.
Comment by teamcannabis on Nov 22, 2018 1:16pm
read the article in the growth op
Comment by Cartybacardi on Nov 22, 2018 4:13pm
Honestly I wish I would have invested abit more in nac, I probably will in the near future. Not sure why you keep pumping them up on the ish form and I don’t really care, it’s funny and annoying at the same time. Ish may or may not have more stores than Nac eventually. In the end both are positioned to open the maximum amount of stores allowed in every territory. How will nac have hundreds of ...more  
Comment by Jessa7 on Nov 22, 2018 4:45pm
This post has been removed in accordance with Community Policy
Comment by mtd121215 on Nov 22, 2018 7:53pm
I highly doubt that anyone on this board knows much about the licensing process and whether or not companies like NewLeaf would have their licenses suspended to "balance" the market.  We have no idea what is going to happen, other than new license applications have been suspended by AGLC due to a lack of supply. Lp's are being blamed for shortage, yet the provincial governments ...more  
Comment by Djwburr on Nov 23, 2018 7:51am
If I’m incorrect I will admit I’m wrong. I read the legal paper (Ont Regulation 468/18) and have also asked IR for clarification. Aphria, VIVO, CannTrust, etc are not affiliates of one another so I think the 9.9% rule is per LP. In any case, I’ll leave it at that and post if I hear anything.
Comment by Jessa7 on Nov 23, 2018 10:04am
This post has been removed in accordance with Community Policy
Comment by Jessa7 on Nov 23, 2018 10:12am
This post has been removed in accordance with Community Policy
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