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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 johnaleon Apr 14, 2020 4:40pm
131 Views
Post# 30909036

RE:RE:RE:RE:RE:RE:RE:OGI

RE:RE:RE:RE:RE:RE:RE:OGI

Really hard to say - depends a lot on top line revenue. 

Excluding share based payments last q expenses were about 16mil for the quarter. 

they then shed over 1 mil in salaries - albeit feb 6th ish. (plus severance) 

So do the math. 


Top line revenue - 
going into quarter you had 2.5 mil packaged flower, 4.5mil flower ready to package and 3.4mil g growing for harvest. say that 3.4mil is spread over the quarter - harvesteable/saleable say 3.0mil grams. avg 5.39/gram = 16.211 mil
So total flower saleable is = 23.211 mil.  (ill say packagability wont be a limiting factor) 
divide that over 4 strains.

5.8mil/ strain. so find some data points towards end of the quarter as to where in their packaging they were at. sold. 

I know sensi star was basically all sold out, haze 7g up to jan 24. 
sensi star - 5.8 
Jack haze - 2mil?
widow - 1.8mil? 
jean Guy - 2 mil? 
my guess - 11.6mil flower sales. 

pre-rolls - 1 mil? 1.5mil? 
wholesale 2-3mil? 
Blissco 0.5-1 mil 
Truverra - 0.5mil? 
Oils - .2? 

Who knows - its all a guess. But thats a framework for it. They could be close to break even this quarter. 

Really its Q4 where humble and fume start to get better market penetration into west coast and sales really ramp up. Add the new products ect. 





 

 
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