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Atlantic Cultivation announces new partnership with Franchise Agreement for retail stores in Newfoundland and Labrador
https://www.globenewswire.com/news-release/2020/04/01/2010028/0/en/Atlantic-Cultivation-announces-new-partnership-with-Franchise-Agreement-for-retail-stores-in-Newfoundland-and-Labrador.html
Inner Spirit Holdings Appoints Manjit Minhas as Strategic Advisor
https://www.newswire.ca/news-releases/inner-spirit-holdings-appoints-manjit-minhas-as-strategic-advisor-861508692.html
Inner Spirit Holdings Announces Expansion of Spiritleaf Retail Cannabis Store Network into Newfoundland and Labrador
https://www.newswire.ca/news-releases/inner-spirit-holdings-announces-expansion-of-spiritleaf-retail-cannabis-store-network-into-newfoundland-and-labrador-837803744.html
Q2 2021 is my earliest target for mj sector reversal because too many idiots got granted the right to open stores they can't even keep stocked.
ISH deserved precedence over all of them...just a shame how bureacrats can screw up recreational rollout as badly as they have so far
Inner Spirit Holdings Announces Additional Spiritleaf Store Openings in Alberta To Bring Total Number of Open Retail Cannabis Stores to 46 Across Canada
https://www.google.ca/amp/s/markets.businessinsider.com/amp/news/inner-spirit-holdings-announces-additional-spiritleaf-store-openings-in-alberta-to-bring-total-number-of-open-retail-cannabis-stores-to-46-across-canada-1028924036
I still luv the franchise model ISH has. The Hip is huge here in Canada and always will be! So only a matter of time until ISH has 100's then 1000's of recreational mj stores open around the world. Then we'll be talking about a monster of colossal proportions.
The CEO here is no dummy, he will get things done despite the idiot premiers throughout Canada who weren't even ready for recreational rollout haha cheers!
Canada's retail recreational MJ stores are finally beginning to get opened up and approved in Ontario especially! So by the end of this year/early 2021 with 30+ other countries already following Canada's MJ legislative lead, there's going to be a 3rd and final run across the entire MJ sector which will be entirely fueled by institutional accumulation!
And we'll know when that exact time is about to start...because the major big MJ players like Canopy Growth will be the 1st ones reflecting the monster earnings the analysts foolishly predicted 2 full years ago!
I almost think they did it on purpose knowing it would cause this extended sector lull. But who really cares why they did it!
All I know is that I will be buying a dozen or so Canadian MJ players in about a years time, and I will be doing so just prior to the institutional accumulation wave that runs the entire mj sector at least 10+ bags!
Rapid Expansion in 2019 and Opportunities Ahead with Retail Market Opening in Ontario and Cannabis 2.0 Products Launching, enabling Inner Spirit Holdings and Spiritleaf Brand to Create Value for Investors and Strategic Partners
https://www.ceocfointerviews.com/innerspiritholdings20.html
Yep just make a list of the top 50 plays, and get ready to diversify in the top dozen by years end ok! I also have a list of Canadian listed mj plays that have yet to even seek dual listing in America yet if you're able to play Canadian listed plays ok.
But by the end of 2020 believe me we're gonna be getting close to institutional accumulation taking over 70% of the tradable floats of the entire mj sector stocks with true blue staying power...hence the minimum +10 to +20 bagger mj sector run coming, which will be the mj sector 3rd time's the charm run right cheers;)
Nice op here Doog
Gathering the best of best for 2020
PS: The 1st recreational mj store just opened in my city here in Barrie, and it takes 1 hour from the start of the line to exiting the store with product, that's how large the demand is in every city!
I've said all along, recreational mj is gonna be bought as much as beer and alcohol is, and those savvy enough to realize/see it know that the big institutional 3rd time the charms run is coming across the entire sector by the end of 2020 or Q1 2021 when explosive earnings finally start exploding onto each companies financials cheers>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
100 ISH stores in Ontario alone will drive explosive earnings to say the least, and by the end of 2020 folks better get ready for the institutional accumulation wave coming, because the 3rd mj sector buying wave is coming, and will be entirely fueled by the big boys buying up to approx. 70% of the tradable floats of all the best Canadian mj companies out there!
ISH got screwed over big time by doug ford in Ontario but that clown got karma served and now the floodgates have been opened in Ontario exactly as I predicted public pressure was gonna create by the end of 2019 cheers!
I still have their entire biz plan, and they have the tragically hip band supporting them! Their store layouts are the classiest out there, and 20% of each store is gonna be devoted "to the hip lounge area" wherein Tragically Hip memorabilia and a place to chill will make up 20% of each store location opening.
By years end I won't be surprised to see them have over 100 stores open in Ontario alone, with BC to follow!
And there's no way this stock should be trading this far under the radar considering that out of all the franchise concepts out there, ISH is far and away the best of the bunch cheers!
The Race For Canadian Cannabis Retail Dominance Is On
Inner Spirit: A Canadian Cannabis Retailer that is Flying Under the Radar
Inner Spirit Holdings Ltd. (ISH.CN) has been laser focused on the Canadian cannabis retail market and has a network of recreational cannabis stores that operate under the Spiritleaf brand. The Spiritleaf network includes franchised and company-owned stores as well as an Ontario retail partnership. Spiritleaf has been able to secure strategic relationships with industry leaders like HEXO Corp (HEXO.TO) (HEXO) and Tilray, Inc. (TLRY) and we are favorable on this aspect of the story.
Earlier this year, Inner Spirit reported to have generated $29+ million in system-wide retail sales and served more than 700,000 customers in 2019. The Spiritleaf retail cannabis store network includes 43 franchised, licensed and corporate-owned stores in Alberta, British Columbia, Saskatchewan and Ontario. Over the next year, the management team expects to significantly increase the number of open stores and we are favorable on this opportunity for the business.
In addition to the previously announced nine additional franchise locations (expected to open in Alberta and British Columbia) in 2020, Inner Spirit is highly focused on expanding into other provinces. In the near future, the company plans to apply for additional retail operator licenses in Ontario and Saskatchewan. These are markets that we are favorable on and the entry into these provinces should prove to be a catalyst for growth.
One of the most important aspects of the Inner Spirit story is related to the relationships it has secured with leading Canadian Licensed Producers (LPs). We believe that the market does not fully understand how these relationships will support growth over the long-term and are of the opinion that it is missing out on something substantial.
Cannabis 2.0 in Canada is also expected to serve as a catalyst for growth and we are favorable on the leverage that Inner Spirit has to it. Through the launch of the Spiritleaf Collective members’ program, the company has enrolled more than 14,700 customers in just the first few weeks and we are favorable on the amount of value that can be created through this network. Inner Spirit represents a multi-faceted growth story and we will monitor how the management team is able to drive the operation forward.
https://www.technical420.com/cannabis-article/the-race-for-canadian-cannabis-retail-dominance-is-on/
ISH—GLTU/A
Give them this entire year of 2020 and by the end of it I bet they have 100 stores open in Ontario alone, with British Columbia to follow.
Folks still have no idea how badly each provincial premier screwed up the recreational rollout over the past 15 months, but that's all changing as we speak, and by Q1 2021 at the latest the entire mj sector is gonna be running +10 bags fueled entirely by institutional accumulation due to the explosive earnings reports companies like this will finally begin filing glty:)
Thanks for the update. This sounds like really good news to me. Can't understand the SP being this low with 25% LP ownership. They have a vested interest in seeing this company grow to sell more products, and Auxly has a ton of products coming for 2.0. This sector is crazy right now. imho gl
Inner Spirit Holdings Announces System-Wide Retail Sales for Spiritleaf Retail Cannabis Stores Exceeded $29 Million in 2019
http://crweworld.com/article/news-provided-by-pr-newswire/1375214/inner-spirit-holdings-announces-system-wide-retail-sales-for-spiritleaf-retail-cannabis-stores-exceeded-29-million-in-2019#
ISH—GLTA!
**NEWS** Top Stories 2019: Maple Ridge pot shop stocking up on cannabis-infused edibles, beverages and tea
https://www.mapleridgenews.com/news/top-stories-2019-maple-ridge-pot-shop-stocking-up-on-cannabis-infused-edibles-beverages-and-tea/
Cannabis 2.0 sales picking up :) Liking the new store footprint growth.
**NEWS** Inner Spirit Holdings Announces Spiritleaf Store Opening in Fort McMurray and Accelerates Store Development Activity in Ontario
https://finance.yahoo.com/news/inner-spirit-holdings-announces-spiritleaf-140000032.html
"Our Spiritleaf cannabis retail network has grown tenfold in 2019. The Inner Spirit team and our franchise partners have done an incredible job as we have increased our network to 42 operating stores with an additional 10 store locations in Western Canada in the pipeline. The new opportunity in Ontario means our franchise partners can proceed along a defined licensing process and provides us the opportunity to support the Spiritleaf brand with additional corporate-owned stores in select cities. We remain focused on strategically expanding our retail network, enhancing financial performance and creating value for the Company's shareholders," noted Bondar.
Looks like EXP had a good year opening new stores. Keep it growing :) imho glta
3 Unknown Cannabis Stocks Set To Benefit From More Ontario Cannabis Stores
https://www.nasdaq.com/articles/3-unknown-cannabis-stocks-set-to-benefit-from-more-ontario-cannabis-stores-2019-12-19
I'm convinced :) GLTA
Ontario reverses course to limit pot shop licences to 25 because of ‘severe supply shortages’
https://www.google.ca/amp/s/business.financialpost.com/commodities/agriculture/ontario-government-opts-for-phased-approach-to-retail-cannabis-stores/amp
ISH—GLTA
He sure did screw it up.
ISH has accomplished plenty already in other provinces.
Their footprint continues to grow in spite of Fords’ ineptitude.
Thanks Sinope! Been invested here for about a year already as I was planning on becoming a Spiritleaf franchise owner in Ontario until Premier Doug Ford totally screwed up Ontario's retail rollout lol.
Welcome as a fellow ISH Mod DD
Good to see you here
Plenty happening with this company
GL!
Hearing Ontario may open things up by/b4 end of this year due to the backlash Ford's receiving! We'll see, but if/when that occurs I know for a fact these guys have well over +100 Ontario franchise owners ready to roll>>>$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
CBD legalization next month should provide a boost for Canada's MJ stocks in January 2020 imo
Nowhere to go but up once mass rollout finally occurs!
Canada's rollout has been much slower than expected, but banks will hopefully be getting more onboard soon. Hasn't helped in the province of Ontario with bonehead Doug Ford making a mockery of the rollout with his stupid couple of bs lotteries in a province equipped to handle thousands of stores but only having 50 almost a year into legalization lol.
Nearly a year into legalization, Banff cannabis stores ready to open
https://www.google.ca/amp/s/www.cbc.ca/amp/1.5286063
Inner Spirit Holdings Announces Seven New Licences for Spiritleaf Retail Cannabis Stores in Alberta and 14 Spiritleaf Stores Anticipated to Open in the Province in August
https://www.newswire.ca/news-releases/inner-spirit-holdings-announces-seven-new-licences-for-spiritleaf-retail-cannabis-stores-in-alberta-and-14-spiritleaf-stores-anticipated-to-open-in-the-province-in-august-858706770.html
Inner Spirit Holdings Announces Seven New Licences for Spiritleaf Retail Cannabis Stores in Alberta and 14 Spiritleaf Stores Anticipated to Open in the Province in August
https://www.newswire.ca/news-releases/inner-spirit-holdings-announces-seven-new-licences-for-spiritleaf-retail-cannabis-stores-in-alberta-and-14-spiritleaf-stores-anticipated-to-open-in-the-province-in-august-858706770.html
LIST OF STORES;
Spiritleaf received another 5 licenses this week in Alberta. 1 corporate and 4 franchise. Their now the second largest licensed retailer in Alberta with 22 stores vs 24 for the number one spot. They have the lowest market cap with similar shares out as their comparable competitors with the exception of F&F.
Current stores list this week:
(UPDATED 07/29/2019)
LICENSED AND OPEN (12)
Calgary, AB - Beltline - 1136 10th Ave SW (Corporate)
Edmonton, AB - Whyte Ave - 10134 82nd Ave (Corporate)
Kingston, ON - 27 Princess St
Moose Jaw, SK - 1251 Main St N
Brooks, AB - 715 2nd St W
Edmonton, AB - Argyll Plaza - 9941 63rd Ave NW
St. Albert, AB - 150 Bellerose Dr
Lethbridge, AB - 329 5th St S
Calgary, AB - Stonegate - 408, 2550 Country Hills Blvd NE
Castlegar, BC - 1502 Columbia Ave
Vernon, BC - 2500 53th Ave
Calgary, AB - Centre St - 920 Centre Street NE
LICENSED AND OPENING SOON (14)
Calgary, AB - Mission - 17th Ave SW (Corporate)
Jasper, AB - 618 Patricia St (Corporate)
Calgary, AB - Chinook - 6008 Macleod Trail S (Corporate)
Canmore, AB - Benchlands Trail - 302 Old canmore RD (Corporate)
Edmonton, AB - Sherwood Park - 7 Brentwood Blvd
Calgary, AB - Fairview - 7220B Fairmount Dr SE
Lac la Biche, AB - 10119 101st St
Edmonton, AB - Parsons Place - 3444 99th St NW
Beaumont, AB - 5008 50th St
Grande Prairie, AB - 10716 82nd Ave
Calgary, AB - Bow Trail - 3814 Bow Trail SW
Edmonton, AB - Ironstone Centre - 13111 156th St NW
Medicine Hat, AB - 1335 Trans Canada Way SE
Edmonton, AB - Heritage Links - 10903 23th Ave NW
IN OR PASSED ALGC LICENSE QUEUE (10)
Edmonton, AB - Garneau/Strathcona - 11044 82nd Ave NW (Corporate)
Fort McMurray, AB - Peter Pond - 1045 9713 Hardin St (Corporate)
Calgary, AB - Penbrooke - 1704 61 St SE
Calgary, AB - Kensington - 1124 Kensington Rd
Edmonton, AB - 3361 Calgary Trail
Spruce Grove, AB - 187 Parkland HWY
Sherwood Park, AB - 288 Baseline Rd
Red Deer, AB - 585 Waskasoo Ave
Edmonton, AB - Chappelle - 6482 Cartmell Place SW
Calgary, AB - Sunridge - 12525 36th St NE
(Some of the following may have already gone through the AGLC license queue)
AWAITING LICENSES / COMING SOON (14)
Alberta-
Canmore, AB - Main Street - 737 7th Ave (Corporate)
Calgary, AB - West Hillhurst - 217 19th St NW
Calgary, AB - Southland - 9639 Macleod Trail SW
Cochrane, AB - 305 1st St West
Banff, AB - Address?
Camrose, AB - 6018 48th Ave
Drayton Valley, AB - 5105 50th St
Edmonton, AB - McDougall - 10561 109 St NW
Edmonton, AB - Clareview Crossing - 13756 50th St NW
Fort Saskatchewan, AB - 10010 86th Ave
British Columbia-
Kelowna, BC - 1445 Harvey Ave
West Kelowna, BC - 1195 Industrial Rd
Penticton, BC - 2695 Skaha Lake Rd
Maple Ridge, BC - 22709 Lougheed HWY
Credit to Jessa7 from elsewhere for this list.
Inner Spirit Holdings Announces Six New Licences for Spiritleaf Retail Cannabis Stores in Alberta And Opening of New Spiritleaf Corporate Store in Jasper
https://www.newswire.ca/news-releases/inner-spirit-holdings-announces-six-new-licences-for-spiritleaf-retail-cannabis-stores-in-alberta-and-opening-of-new-spiritleaf-corporate-store-in-jasper-802742495.html
NRTH
Inner Spirit Holdings Announces Licence for New Spiritleaf Corporate Store in Jasper And Opening of Additional Spiritleaf Franchised Store in Calgary
https://www.newswire.ca/news-releases/inner-spirit-holdings-announces-licence-for-new-spiritleaf-corporate-store-in-jasper-and-opening-of-additional-spiritleaf-franchised-store-in-calgary-818760989.html
Calgary Centre Street Store Opening!
https://innerspiritholdings.com/events/calgary-centre-street-store-opening/
Vernon’s first legal cannabis store opens
Spiritleaf is actually the first for the Okanagan, opening Canada Day
https://www.vernonmorningstar.com/business/vernons-first-legal-cannabis-store-opens/#
Inner Spirit Holdings Announces Opening of First Spiritleaf Corporate Stores in Edmonton and Calgary and Opening of Initial Spiritleaf Franchise Stores in British Columbia
https://mailchi.mp/4c8035b1e22c/ish-announces-opening-of-first-corp-store?e=d4c2556b88
Calgary Beltline Store Opening
https://innerspiritholdings.com/events/calgary-beltline-store-opening/
Council approves first private pot store in Maple Ridge
https://www.mapleridgenews.com/news/council-approves-first-private-pot-store-in-maple-ridge/
Inner Spirit Holdings Provides Offering Update and Announces Participation of Strategic Partners
https://www.newswire.ca/news-releases/inner-spirit-holdings-provides-offering-update-and-announces-participation-of-strategic-partners-894665701.html
Inner Spirit Holdings Announces Year-End 2018 Financial Results and Provides Corporate Update
https://www.newswire.ca/news-releases/inner-spirit-holdings-announces-year-end-2018-financial-results-and-provides-corporate-update-898055986.html
Yeppers Diogenes, ISH should end 2019 on a $25M per annum revenue run rate and that number's only going to grow upon each and every new country ISH enters with their ingenious Spirit Leaf franchise model!
The CEO Darren Bondar definitely has an ingenious franchise biz model and each of their franchise MJ stores has approx. 20% of their store space called The Hip Lounge, which is in reference to Canada's most famous rock band The Tragically Hip...so it's not gonna be long until we see the surviving Hip members branding and advertising the Spirit Leaf Stores too once more of them get opened up across the country too!
But the real snowball effect starts kicking in the moment ISH starts expanding outside of Canada right...and I for sure expect them to deploy in every single country around the world that goes full recreational MJ and allows franchise models to participate!
And let's face it, it's only a matter of time until the ISH franchise model gets deployed in at least 5 more countries beyond Canada, at which time I fully expect a MASSIVE buyout offer to come in from 1 of the big boys!
So it's as close to a major return on investment in the MJ sector any joe retailers interested in the MJ sector can find on the markets today because at .20 cents per share this company's priced for total and complete failure which is beyond laughable considering they have 6 stores already open and another 70 stores en route lol.
Thanks for all your due so far too Diogenes! This one's going to become a rising star by this time next year because their franchise growth/biz model guarantees that they're revenues grow with every single recreational MJ store that opens in not only Canada, but in every other country around the world that goes full scale legal on recreational MJ right!
So if anything my revenue guesstimate projections may be much too low...but for sure anyone doing the math and factoring in the 5% royalty ISH receives from each and every recreational MJ store that opens under their Spirit Leaf banner...it's real easy to see why this hidden gem is soon going to be generating at least $25M in per annum revenues by next year, and well on its way to generating north of +$100M per year as they begin entering other countries right glty!
Thank you DD
Your numbers make sense.
Your input and effort is respected and appreciated.
The future of ISH looks bright.
While I may not be around in 5-10 years
My willed sector related legacy shares will reward my sons and grandchildren.
So their 1 Ontario store alone is on track to generate $1M per month/$12M per annum, and ISH receives 5% or approx. $600K per year, from just 1 store in Ontario...and ISH has another 70 stores all at various stages coming...on top of their 1 Ontario store and 5 Alberta stores already up and running>>>
Spiritleaf Announces Additional Investment from Tilray and Provides Ontario Update
https://www.newswire.ca/news-releases/spiritleaf-announces-additional-investment-from-tilray-and-provides-ontario-update-846025626.html
ISH
JMO—Undervalued and under appreciated.
2019 will be rewarding
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