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.

Add To Watchlist

GREY:INSHF - Post Discussion

Inner Spirit Holdings Ltd. > Black market down...legal market up...

View:

Post by stockboy52 on Aug 08, 2020 11:02am

Black market down...legal market up...

According to the latest data from Statistics Canada, Canada's pot industry generated about $8.65 billion for the country's economy in May.

The country’s legal cannabis industry contributed about $4.66 billion to Canada's gross domestic product (GDP) as of May, StatsCan reported. That's up about 11% since the same period a year earlier. Meanwhile, the illicit (black) market continues to trend downward and is estimated to contribute $3.92 billion to the country's economy, down about 13% since May 2019, said StatsCan.

112