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Supreme Cannabis Company Inc. (The) T.FIRE

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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

Supreme Cannabis Company Inc. (The) > BNN
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Post by Buggered123on Feb 13, 2021 7:14am
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Post# 32561024

BNN

BNN
Supreme Cannabis notches profitable quarter, $18M in Q2 sales
Supreme Cannabis reported second-quarter results on Thursday, posting a rare profit that gave some analysts hope that it can generate positive free cash flow in its next fiscal quarter. Supreme said its revenue in the second quarter was $18 million, while it booked $3.6 million in adjusted EBITDA. BMO Capital Markets analyst Tamy Chen said in a report to clients that sales of Supreme's premium offerings may suggest that cannabis prices are beginning to stabilize, a sign that the move to value-focused products may have run out of steam

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