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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 OptGreenon Nov 22, 2019 2:34pm
107 Views
Post# 30383434

RE:response to pierre....

RE:response to pierre....This is the key issue for the industry md and FIRE has been on top of it from the jump and so has Parry. The industry/ market is brand new and already it is in major correction mode because shelving 'grass' is not going to get it any more...quality is value because it is what folks want.

Most consumers are going to consume a gram or two a week and the little cost differential between FIREherb and the grass will increase demand for FIRE, the large quantity consumers will come as the BM is cleaned up and pricing improves to the degree that it can.

There will be others like Broken Coast that will shelve quality herb but it will be the minority at best...the 'ultra' premium will be the next best thing and FIRE needs to get on that as soon as 7ACRES is up and running at full production. Quality product is the biggest hurdle for all going forward and it is and always has been standard fare for the FIREmenu, the math is easy, JMHO...Opt

maritimedreamer wrote:

Chris Parry responded i believe to one of these twitter threads that made sens eto me...... all he said was just because you may not have the wallet to fork out that much for cannabis doesn't mean others won't...... there are some people that only buy most $$$ because of percieved 

something that fowler even said that hit home to me personally....

 

supreme is going after a consumer of wine for example that wants a 50$ bottle ...rather then a 10$ bottle...

this is turn means supreme needs to find that one customer where competition needs to find 5.......

 

but their increase on ocs is concerning to me as well but at same product reviews still coming in strong.... lastly... and i cannot say this with 100% 

accuracy but some said the price increase was actually OCS and not 7acres as they sell to them at a flat fee and OCS sets the actual retial price..... 



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