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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GREY:INSHF - Post Discussion

Inner Spirit Holdings Ltd. > 2020 looks good for ISH - Price target $0.40

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Post by BuddyGuyMan on Dec 23, 2019 12:31pm

2020 looks good for ISH - Price target $0.40

Anyone else have the feeling ISH has finally turned the corner and started an uptrend? Tax loss season is over this week. Selling pressure is subsiding. The company has now successfully rolled out 43 stores. Ontario will begin opening up in 2020. Also, cannabis 2.0 rollout means way more SKUs for Spiritleaf to sell, and a whole other segment of customers to sell to. Nice that the company is shedding the Watch It division now to focus solely on cannabis.

Retailers seem to be where the action is for 2020, and ISH should stand to benefit, especially since the company expects to be profitable by Q1 2020! Analyst coverage with a BUY with a price target of $0.40 also helps instill confidence. Lots to love here IMO. Good luck all!

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Comment by Toweringmars on Dec 23, 2019 1:35pm

Got support bids in @ 0.115 and 0.11. But it looks like the only substantial support is around the 0.10 mark. Hope momentum turns green as tax loss season wraps up. Should be a strong 2020 for retail.

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