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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. > Think about it...
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Post by mtd121215 on Aug 07, 2020 9:42pm

Think about it...

Who is going to be the next Tim Hortons or Starbucks of cannabis or will it just be government controlled?

Alcohol in Ontario is government controlled because it causes short-term impairment. Provincially, the Ontario market is the most important becuse of its population.

The level of uncertainty in how cannabis will be distributed to the public is still very high and it's unrelaistic to think that any one of these pot retailers will be successfull in the the long term.

I bet in the future that cannabis in Ontario will be sold in an OCS store just like alcohol is sold in an LCBO. I bet that the name of the store is even OCS.

Convenience and grocery stores will likely be apart of selling cannbis in the future.


But if you think that cannabis in a few years time will be sold out of a Spiritleaf, Meta, High Tide, One Plant or Fire and Flower retail store than any stock you buy in any of these companies would be the riskiest position in your portfolio. 

All this talk about customer and store count coupled with revenues increasing or decresing does not hide the fact that Cannabis impaires people and the government will take control of the POS process.

I suspect that in a few years time all the retailers will be doen and de-listed. Insider will be rich on the backs of the retail investor but hey, welcome to Euphoria at the end of another Bull Market in equities.

Game over rover.
Comment by Jessa7 on Aug 07, 2020 9:54pm
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Comment by GaslightPumpers on Aug 09, 2020 1:15pm
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Comment by EricQC on Aug 09, 2020 3:55pm
Great wealth is built before the masses jump in a stock. Whether or not ISH is one that will create great wealth for shareholders will only be known with time. the best investment I've ever made me is a 25-bagger and is still going up today. One week before I initiated my position in this stock, there was a total of 0 shares exchanged for 3 consecutive days. 0 shares!  The point is ...more  
Comment by GaslightPumpers on Aug 09, 2020 7:22pm
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Comment by stockboy52 on Aug 10, 2020 9:38am
Your opinions are worthless. You are back bashing and flipping for pennies on numerous boards hiding under a new alias. Aka Rogue, Richard, Gaslight...who knows how many more, I have lost count. See you are on EVE, soon on SUGR. Same old krappola hour after hour, day after day. Ten thousand bashing posts per year...you need to get a life pal. Here's a new alias for you when you change next ...more  
Comment by GaslightPumpers on Aug 10, 2020 10:16am
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Comment by stockboy52 on Aug 10, 2020 2:51pm
Hey Richard, Rogue, Gaslight, what do you think of your new alias "Halfcentflipper"  Huh?
Comment by stockboy52 on Aug 17, 2020 3:14pm
Chris?
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