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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. > 5 Tons in 3 months
View:
Post by Habs1993 on Jan 23, 2019 10:32pm

5 Tons in 3 months

This is what was sold in Quebec.According to the SQDC this is around 30% of Canadian sales.
The real news in this ''earning report'' they  made,is that this is only 15% of the black market.
They sold $40mil in 12 stores.Ont should have similar or a higher numbers.But with 25 stores.That means $1.6mil per store for 3 months.A pot store in Ontario should have sales well above $6mil/year.Don't forget,this is 15% of the full market.
The future is in retail.The numbers will be huge.And not in 5 years.I think the shortage will be resolve in 6-12 months.New products are coming.
Comment by Jessa7 on Jan 23, 2019 11:19pm
This post has been removed in accordance with Community Policy
Comment by BUYING4ME on Jan 24, 2019 8:16am
40m over 3 months for Quebec is abysmal, and they have reasonably priced weed.  Ontario has one of the highest prices per gram per sku.  Only in Canada could someone load his/her car up in Quebec and re-sell in Ontario for less than the OCS.  
Comment by JumpyInvestor on Jan 24, 2019 11:22am
Only another 2 months to see how Ontario reacts to retail..... FYI, not related but this is why I hate FB, https://www.zerohedge.com/news/2019-01-24/facebook-slides-after-report-claims-50-its-users-are-fake Keep posting the FB updates here.  Thank you!
Comment by HugeHolliday on Jan 24, 2019 12:22pm
agreed...although our ish page is legit..iam also on the huge page and can 100% say the admin thier is on the payroll like some glorified club promoters..reminiscent of jim jones,thier all on the kool aid over thier.
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