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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 14, 2019 10:16pm
108 Views
Post# 29748104

RE:This is from page 10 of the financial report, suk it bashers

RE:This is from page 10 of the financial report, suk it bashersFinished goods inventories consist of dried cannabis that is complete and available for sale. Work-in progress inventory includes cannabis, after harvest, in the processing stage. Supplies and seed inventory consists of consumables for use in the transformation of biological assets and other inventory used in production.

you will notice Suprreme does not show plants under grow as inventory, and most of all other companies do, now what does that mean, it means we have 160000 square feet growing that have been given zero value, translations we have approximately 17000 kgs of weed growing that we have expensed but have not taken into account as an asset, now 17000000 grams x 6$, is $98 million in the bank.

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My bad Brutus, the Jean Guy is strong tonight.  This post doesn't deserve to get buried...

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