Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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) > expectations are low for good reason....
View:
Post by bever64 on Sep 22, 2020 2:33pm

expectations are low for good reason....

last Q    "Recreational net revenue for the three months ended March 31, 2020, was comprised of $5.3 million (March 31, 2019: $1.6 million) from 7ACRES products and $0.4 million (March 31, 2019: $nil) from BlissCo products"

there is your REC for last Q ladies and gentlemen 5.7M @ $4.32 per gram....  wholesale was 4M

...they said they were gonna do this:

" strategy to shift substantially all revenues to the recreational channels, as part of this shift the Company is focused on launching new SKUs across all key consumer categories."

soooo there have been no NR's regarding wholesale sales....how much do you PERMABULLS think they can organically increase REC over 1 Q considering how many issues they were having ?    

7.5 -8.5M TOTAL REVENUE is likely folks.....    10M would be a massive beat
Comment by maritimedreamer on Sep 22, 2020 2:41pm
You must of forgot this part by mistake: 'While Supreme Cannabis advances its transition to a CPG focused business, given delays to the cannabis retail rollout in Canada, the Company will continue to opportunistically supplement recreational sales with attractive domestic wholesale and international medical transactions.'
Comment by bever64 on Sep 22, 2020 2:50pm
yes MAritime but they issued a NR on the last wholesale sale to ISrael in the last Q....so no NR = no big sales IMO .... hey I hope I'm wrong
Comment by maritimedreamer on Sep 22, 2020 3:02pm
Supreme is not usually a slap happy NR machine bever...they did the NR as it was the inaugural shipment and a new channel opened. From discussion from IR a while back they were not intending to announce every shipment. But here are a few posts may be of interest: https://www.instagram.com/p/CASdJhThRdm/?igshid=179iuzqufxh3q (this way in May) https://www.instagram.com/p/CElvGVRl-Oz/?igshid ...more  
Comment by johnale on Sep 22, 2020 2:41pm
Reasonable assumptions - I think all the bulls expectations are not sky high.  even opt in his last post said we could see 8-10mil for q4. (just to catch you up)  In terms of reasonable growth in rec - as per your question -  Lots of LPs have shown some crazy rec growth q over q.  aphria had 63%? 2q ago - smaller LPs showed a double. anything is possible.  Also ...more  
Comment by vulcan123456789 on Sep 22, 2020 2:52pm
hey john could you post your most recent package dates.. much appreciated cheers
Comment by johnale on Sep 22, 2020 3:20pm
Jack Haze 3.5g  NSLC - purchased July 4th - packaged May 4th (maritim)  July 6th OCS - pack jan 24th - (brentkosta)  NSLC - July 11th - packaged May 2nd (mariti) July 23ish (ocs) - pack April 21st (reddit)  July 27ish ocs - pack May 1st (whatsmypot)  NSLC - August 19thish - Pack June 9th  Order August 29th- Pack April 23rd (thetrans ) Order August 29th ...more  
Comment by vulcan123456789 on Sep 22, 2020 3:22pm
thanks john your a gentleman.. much appreciated cheers
Comment by vulcan123456789 on Sep 22, 2020 3:29pm
a lot if june july aug pack dates there I like it.. looks like things are moving well for q1 cheers
Comment by nearnorth101 on Sep 22, 2020 3:52pm
Sugar Leaf 1:5 recieved qty 4 September 18 packed June 2
Comment by Method on Sep 22, 2020 7:52pm
I forgot to report back on my order. My sugarleaf bottles were the same batch as nearnorth.  Also ordered some Sugarleaf and Blissco prerolls. They were packed in March so there might be some old inventory there. My friend smoked them though and she thought they were great so no issue in terms of impairment it seems. The sugarleaf pre-rolls seem like a good deal $8/g for Jack Haze or Jean ...more  
Comment by bever64 on Sep 22, 2020 2:54pm
I hope you and the bulls are right....but I doubt it!  I will be more than happy with 9M total and huge % rec gain....I think this Q can range anywhere from a trainwreck of 6-7M total to a surprising beat..well find out soon....   yeah txs to you andmethod I'm up a surprising percentage already.... 
Comment by bever64 on Sep 22, 2020 5:56pm
Johnale talk me off the cliff plz....can you namesome of those Lp's recording huge growth as ACB just chitthe bed
Comment by johnale on Sep 22, 2020 6:39pm
Ohh geeeezz I take it back. Sheesh - guiding lower revenues!! With the market expanding rapidly!! What are they doing over at aurora ???  problem with aurora is they are trying to compete in the low cost market against LPs like aphria and village farms which have lower cost/g - and under cut them.  Looks like they are loosing market share big time. Sour for them.  thesis for ...more  
Comment by OptGreen on Sep 22, 2020 7:41pm
Spot on joh, they are trying to move back fast from the millions of sq footage, mass production plan to failure...I had a script with them a couple of years back as they were stocking 7acres and other small batch producers like Broken Coast etc. They had some good product but not the level of quality of 7acres et al, they were great to deal with but the 7acres offerings dried up and retail ...more  
Comment by OptGreen on Sep 22, 2020 3:02pm
Do yourself a favour pelt and peddle your bullshite somewhere else, this fake news and bullshite doesn't sell here and won't...I guess self respect is lost on you and of the rest lying, fake news barking team. The only expectations that are low are those of yours and the rest of the lowlife as you try to cover without losing your squeegee equipment at the pawn shop, what a collective ...more  
Comment by bever64 on Sep 22, 2020 5:23pm
Optred cheer up!  Your total losses on Fire dropped from -95%  to -94% today ...congrats!
Comment by RealistGhost21 on Sep 22, 2020 5:48pm
Hey folks look at the post history of OptGreen and you will see by yourself all the bullshi! he is telling since the beginning.   
Comment by OptGreen on Sep 22, 2020 7:05pm
Coming from gutter grease like you pelt facts are either inverted or don't exist and in consistent form your drivel on my state of well being is upside down as usual, I couldn't be happier and have been that way with FIRE for the last 10mos....if you had anything but thin air and bullshite floating around in that mellon of yours you would understand and would have been a big buyer starting ...more  
Comment by George141 on Sep 22, 2020 8:20pm
...Under promise and Overachieve is the basis of a company going places......This is the ticket...the road to success is allways under constuction
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities