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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 Go0B3ron May 13, 2019 11:36pm
66 Views
Post# 29743433

RE:RE:RE:RE:RE:RE:RE:Major discrepancy

RE:RE:RE:RE:RE:RE:RE:Major discrepancy That's right James, you're the first person to actually think that through fully, and the time it takes for products to fly out the door is on the upper side of your analysis.  Premium Cannabis takes anywhere from 4-8 weeks to properly cure, and this is after the 2 weeks it take to dry.  Add in some time to trim these moon rock looking buds by hand, lab test, and you'll see it's not as clear cut as getting approval Jan to grow and out by April... 


JamesReady wrote:
It takes a whole quarter just to grow and process the weed from the previously announce quarter. Around 3 months to grow, 2 weeks to dry 1-2 weeks to trim/package then you've got to get it analyzed at the lab. THEN you can start selling it. It's not an over night process. It's unlikely crop failures but it's the time it takes to get crops out the door. The new grow rooms approved today will not hit the market for like another 4-6 months. It's going to snowball every quarter and the momentum will compound.


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