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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 puppymonkeybabyon Aug 15, 2019 3:35pm
228 Views
Post# 30033411

RE:Something is off with the math

RE:Something is off with the math
Toorealistic5 wrote:
first, I'll agree fire is making a step in the right direction with the news release earlier this week but then it had me thinking about the $19 mill. Let's be clear, $19m in revenue does not mean they sold $19m worth of weed. Secondly, let's say they did sell $19m worth of product, at $6 per gram that's only about 3100kg of weed. Management needs to be clear on how much weed they are selling. Something is off here


3100kg/Q = 12,400kg/year. 

As of March, they’ve been licensed for 26,250kg worth of capacity. 

Meaning this Q they are growing/selling half of their capacity 
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