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.

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Inner Spirit Holdings Ltd. > targets/value

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Post by cudjo on Dec 17, 2019 12:22pm

targets/value

Good point Towers, I also recommend everyone read the analyst report that Jessa posted. They have put a target of 40 cents on this company, that is a value of around 85 million. With the winds shifting in Ontario, that may be re-evaluated. somewhere around 40 is realistic to me. FAF and META would be a couple of others to do some dd on IMO.

Jessas post with the link for the report:

Jessa post

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Comment by BuddyGuyMan on Dec 17, 2019 12:31pm

I found the report to be very conservative, which is a good thing. $0.40 target seems pretty fair. The addition of more house-branded products / white labels would lead to even higher revs. And if Ontario opens the door a little wider, it would be even better.

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