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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. > Value of ish compared to four20
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Post by Terrence11 on Aug 29, 2019 9:55am

Value of ish compared to four20

Four20 has 6 Alberta stores open ,16 more working on
ish has 26 stores open ,another 28 in the pipeline
fou20 sold for 110 million, ish would think would be more then twice as valueable
but now about 36$ million .
???????
Comment by JamesNeven1983 on Aug 29, 2019 12:56pm
well you screwed the value of valuable just with that misspelling.
Comment by Toweringmars on Aug 29, 2019 1:12pm
Cant compare 6 corporate stores to the Inner spirit franchise stores. 1 corporate store can make more money than all franchise stores 6% royalty combined. I wasn't very impressed with the numbers we made last quarter, and by the looks of it neither was Tilray. Then again fk Tilray. Inner Spirit seems to be having a tough time gaining any traction I must say, we need to divest ourselves of the ...more  
Comment by Jessa7 on Aug 29, 2019 6:08pm
This post has been removed in accordance with Community Policy
Comment by ABlumenthal32 on Aug 29, 2019 10:06pm
It is true that franchise and corporate can’t be compared one a one to one ratio, but I think we’re maybe forgetting something here: ISH opened 5 corporate stores alongside other franchise stores over the past weeks, and a sixth Corp. location is set to open a few days from now. These are not included in the last financials of course because it was for the quarter ending on June 30th, but I wouldn ...more  
Comment by Jessa7 on Aug 30, 2019 12:25am
This post has been removed in accordance with Community Policy
Comment by Jessa7 on Aug 30, 2019 12:26am
This post has been removed in accordance with Community Policy
Comment by RetiringYoung on Aug 29, 2019 1:17pm
Correct me if I'm wrong but doesn't ISH only own a percentage of most of their stores where 420 owns 100% of theirs?