Inner Spirit Holdings Ltd. INSHF

GO META, ISH right there with them.

[mtd121215]

$3,950,000 in 50 days - 18

$3,000,000 in 43 days - 8 locations .....sales per day (on average) = $8720.93
$950,000 in 7 days - 17  locations (Lethbridge store didn't open until Dec 3) ....Avg sales per day = $7539.68

Annual sales for 18 locations = $7539.68 * 365 days* 18 locations 
= 49,535,697

With margins at 30% the earnings should place the stock at a P/S multiple of about 2.5 - 3

$49,535,697 * 2.5 = $123,389,244 / 225,757,354 (Fully DIluted) = $.0.55

This is a current valuation and is based around an average of sale per day at 18 locations during a supply shortage of product. The numbers look really good and they will only go up from here as every new store opens and supply increases. 

ISH will have to build more locations to generate the revenue, but the earnings will be better with their low capex strategy. 

Retail is going to take off soon, stay long, stay strong.

[teamcannabis]

buy the end of 2019 with 200 retail stores open,meta is a billion dollar company.   see you at the finish line

[Jessa7]

This post has been removed in accordance with Community Policy

[Cartybacardi]

6 of 1 and 1/2 dozen of the other, both these companies are destined to have maximum allowable locations per territory. Great numbers! Let’s keep the momentum rolling! Where exactly is the finish line btw???

[Toweringmars]

Strange they havnt posted the monthly progress report? legally its supposed to be before the open on the 5th trading day of the month.

[reefercat]

Just figured I'd stop buy and see how things are going aye toweringmars. Down 10% after good news. Sounds about right. Enough said. Not to late to jump on the SUGR train. Warrants for .025 with a striking price of .10 that don't expire until 2023 are a steal. GLTA. except you of course tower. Lol

[Toweringmars]

Hmm we just partnered up with Tilray. Who did Sugarbud partner up with again? Oh right... We were your biggest and only claim to fame. Congrats on your 350 million shares outstanding thought. Hate to know what it is fully diluted.

[reefercat]

Let's see. Sugarbud with over 18$ million in assets over 2$ million in cash a 17.65$ million government line of credit and a market cap of 18 million. As opposed to Ishes market cap of 33 million. With what to back it up. Oh ya what ifs and pipe dreams. Ya ISH deffinetly sounds like the better investment.

[BUYING4ME]

2 Million in cash will get you a tractor lol.  No weed, no greenhouses.... just a useless company exploiting really dumb investors

[Toweringmars]

Lol my thoughts exactly. More shares outstanding than most junior exploration companies. A half complete facility, which will be a tiny lil fart even once completed. No license to grow let alone sell. An unproven management team. Barely enough cash on hand to buy equipment, so you know a heap of dilution is right around the corner. A credit facility (not government grant) where you’ll be paying

[reefercat]

I like the way you both used logic to refute my facts that ISH has nothing to back up it's 33 million dollar market but what ifs and pipe dreams. Wait a sec actually you didn't argue those facts at all just wasted your time sh1ting on another company that actually has potential. 

[Jessa7]

This post has been removed in accordance with Community Policy

[reefercat]

Your absolutely right. I'm just here on principal to pay toweringmars back for the exact same behaviour. Nothing against anyone else but he's a piece of sh1t. So I'll stop in from time to time and see how things are going.

[BUYING4ME]

These numbers are also not reflective of a real marketplace.  Once we see more stores open the revenues per store will drop from competition