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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > New Craft in Alberta
View:
Post by johnale on Jun 25, 2020 11:22am

New Craft in Alberta

Another craft strain about to drop in Alberta. Just showed up on the Alberta website. 

Island Pink Kush - 49.99 3.5g
great price point 

Last 2 weeks in June updates: 

June 11 - sensi star Rosin release Nova Scotia, NB stores selling out pax of pax pods - 

June 15 - pink Kush re-stock BC 

June 17 - jack 7g sold out ocs - (re-stock within hr) 

June 18 - WW and Jean Guy whole flower pre-rolls Newfoundland and Lab 2g and 1g versions 

All strains re-stocked ocs 7g 

June 19 - pur dew re-stock 

Saw vapes in Saskatchewan stores 

Manitoba/bc/Alberta/NB/Nova Scotia Now 

June 21 - cold creek kush, green kush 1g prerolls blissco - available Alberta 

June 22 - wb og SO - restock fast - 7g haze and wb OG OS again.. 

June 24 - WB og restock/out again./restock 

Pax pods available for Ontario retail stores

Comment by Byb1985 on Jun 25, 2020 11:30am
wish they offered the island kush in ontario
Comment by maritimedreamer on Jun 25, 2020 11:34am
nice find Johnale!!!! I had to join the albertan cannabis site to see with my own eyes! also nice to see they have 13 SKUs online for 7acres..... and you are right really nice price point! So here is a question.... for both the Pax in On and Craft in AB..... in order for these SKUs to be available to the public the initial shipment would have to go to the provinces first and then ordered through ...more  
Comment by johnale on Jun 25, 2020 11:42am
Ya I'm almost 100% certain those revenues are booked in q4.   Despite the stock skidding - I'm getting more and more excited for these Q4 numbers.  going to collect more data points into June 30 for the major strains first, then see where we are.  hopefully we sneak some rosin into more markets before end of quarter as well. 
Comment by vulcan123456789 on Jun 25, 2020 12:12pm
thanks for your contributions to the board enjoy reading them cheers
Comment by nearnorth101 on Jun 25, 2020 1:41pm
yes renenues will be booked in June although they probably won't get paid until July
Comment by OptGreen on Jun 25, 2020 1:45pm
As always your info is much appreciated joh but better is your subdued exuberance of the sales over the last couple of months, of which ageed we won't know until we get the numbers in print but sure looks like we are going to see a very favourable increase Q over Q. I don't think there is much product if any sold on consignment so anything sold and shipped or shipping as of June 30th ...more  
Comment by vulcan123456789 on Jun 25, 2020 1:55pm
agreed opt.. I wouldnt be surprized either if something isnt announced before report .. beena is also down at this point. she got her shares at .31 didnt she .. jmho cheers
Comment by OptGreen on Jun 25, 2020 2:36pm
She won't be concerned with losing on her shares vulc, she will be selling them for many times their original value...there is so much upside for FIRE going forward she, along with those that own, will be a very wealthy lady in the not to distant future. I can't imagine otherwise or why would she have come here in the first place. FIRE should be a 10bagger by calendar year end, but I think ...more  
Comment by OptGreen on Jun 25, 2020 4:23pm
Just to add vulc, the daily volumes traded are very low and have been for a while for the most part, this is not a stock in trouble or there would be bailing like rats from a sinking ship, summer lull or not, JMHO...Opt
Comment by johnale on Jun 25, 2020 4:37pm
Ya - really low volumes and shorts are actually covering their positions in a significant way across the sector.  looks like they will take the sector to a second bottom this or next week - before earnings from OGI/APha/valens July 15 - and then solid revenues from the whole sector mid August.  obviously I'd like to see guidance by mid August - as final q4 is not due until ...more  
Comment by OptGreen on Jun 25, 2020 7:42pm
Agreed joh there is plenty of pain in the sector yet to come but FIRE should buck that trend, even at ~$20mil for current quarter. of which looks pretty doable, is a gain of ~100% quarter over quarter which is pretty hard to imagine could pullthe SP down if the MM is doing their job. There will be plenty in the report for sure but the sales for the quarter in the $20mil range or better will do ...more  
Comment by Dunworkin2 on Jun 25, 2020 7:54pm
$20M???...are you still at the party Opt? Wow! You mentioned December guidance - if there was any, that would have been under Dhaliwal and we know how that worked out. Fast track to Colin - no guidance either.  Your comment on the last 6 months being the best is also perplexing.  If you can share your source for any of the above, that would be quite surprising, but appreciated.
Comment by maritimedreamer on Jun 25, 2020 8:54pm
One thing we must put into consideration for this quarter was the number of SKUs we had to market...I believe we have at least 10 more this Q? (Pax Sativa, pax Indica,  Sensi rosin, 7acres pre rolls x 3 ( jack, Sensi and Jean), Craft coll. Pink kush, craft coll. Wild berry, craft coll. Kush cake, blissco cold creek pre rolls....forget anything else?)  the on boarding purchase orders (esp ...more  
Comment by OptGreen on Jun 26, 2020 12:32am
Adding it all up here md, you have a pretty big chunk of change there. It is going to be a good quarter even if it is $10 or $15mil, like you say there is more and different product shelved all the time. It is hard to compare in an apples to apples way as the CPG upgrade changes most things in varying degrees across the board....the move to the rec market may be an even bigger deal because of the ...more  
Comment by OptGreen on Jun 25, 2020 9:22pm
At this stage of the game being alive and well is the party Dun2...gave up partying 40yrs ago, there just got to be not enough room out west here, to really excel. The last guidance that I am aware of was Dec 5th and revised in mid Feb and has been very accurate so far, in my view...if you follow johnale's and others product tracking you will have some of the best info available, in real ...more  
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