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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Comment by FIREdupon Nov 14, 2018 7:39am
85 Views
Post# 28970405

RE:RE:Supreme Cannabis Announces Record Revenues For Q1 2019

RE:RE:Supreme Cannabis Announces Record Revenues For Q1 2019"During the three months ended September 30, 2018 the Company generated revenues of $5,139,912 (September 30, 2017: $1,559,998). The increase in revenue of 229% is due to various retail partners being added, the increased capacity of the Company’s Facility and an increase in the average price of premium cannabis flower by 33% as compared to the three months ended September 30, 2017."

The revenues reflected in these statements are better than I expected.  This is all still pre-legalization and we know that no shipments were made to the provinces prior to September 30.  If we can get an update that the expansion is still on track, there will be nothing holding this stock back going forward.
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