Supreme Cannabis Company Inc. (The) T.FIRE

Comparables

[CrazyHorse67]

I had mentioned it was only a matter of time before TGOD diluted it's shareholders and low and behold today's that day, roughly 29.3 million shares @$0.75 with the possibility of an additional 4.4 million bringing the outstanding share count to almost 310 million shares, now let's compare the two companies on revenue; Supreme TTM 48.1 million with a market cap of 248 million and TGOD TTM 9.7 million with a market cap of 245 million, it's only a matter of time before the market starts to equalize and balance.

[johnale]

Not to mention - fire did a 100mil raise at 2.43 a share .... what a steal at the time.  And now.... no further dilution because of our fundamentals.  february earnings realease has to be solid - and hopefully we get some guidance on Q3 (jan/feb/mar) quarter which should be a monster number as we go 100% CPG/provincial - and enter Quebec. 

[maritimedreamer]

i'm still surprised we are still yet to be in Quebec....... i know they require alot of inventory but do we not have enough already ? and with grow rooms contributing to the inventory........ this would be a big life to our revs imo...... (well of course once more stores start to open too)

[johnale]

From my understanding - FIRE sells all their supply - and have had 0 product returns or issues (see md and a). i don't think more stores is a fire issue.  they had been selling 70% wholesale up to now - and I think their packaging capacity is limiting their distribution.  They are down to about 50/50 as of last quarter.  they started pumping out more flower through 7.5g

[OptGreen]

Agreed joh, they have plenty of sales demand with current retail outlets but will need more as sales volume increases. Guidance will require a substantial increase in overall production from here on. The in-house packaging is going to be a big game changer especially as production nears capacity....you feel packaging is well north of 50% by now? The KKE oil is very fine and will do well, we

[johnale]

I'm not sure about their packaging situation as of today - maybe IR can shed some light.  As for guidance - all I know is what's been floating from the company to a few who have asked about guidance and how they will achieve this. Here is the response-  Our guidance for fiscal 2020 has always been back-half weighted, in the second half of the year, we expect the following to

[OptGreen]

Dhaliwal provided the guidance a few months back and are reaffirming it below, with the in-house packaging up to full capacity by the end of March 2020....so it will be ramping up over the next 3-4mos and if the sales target of ~$150mil is still the end of June we are going to see some pretty skookum volume over the next 7mos. I could find the last info on the KKherb debut but thought there was