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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

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Post by OptGreen on Sep 25, 2020 11:08am

FQ1/21 Numbers

Well a brand new slate here joh, with the info to date are we going to be closer to $30mil for the quarter or $20mil?....profit realized or no?

How many retail outlets yet to come for the TO area? Is Beena getting her share of this market? Do we see $40mil or better by FQ3/21? JMHO...Opt
Comment by RealistGhost21 on Sep 25, 2020 11:13am
Bullshi! IF a miracle happen let say $9.1 millions + 50% = $13 approx which means no profit anyway. Wake up there is a reason why they requested more credit.
Comment by theTransporter on Sep 25, 2020 11:38am
Provide an official link to a release where they had indicated they had requested more credit? Last I read is they were paying down some debt using reserved cash.
Comment by StayInvested on Sep 25, 2020 1:47pm
Hey Opt, I think you are getting a little ahead of yourself with your estimates, what makes you believe they will achieve that sort of multiple? From what Beena said on the call, they are expecting another 30% Q/Q growth in Rec, meaning around 9.5mil for Rec alone in Q1, adding in about 2mil for wholesale (unless it degrades further), that is putting us at 11.5mil Q1. What makes you believe it ...more  
Comment by OptGreen on Sep 25, 2020 3:07pm
So you see FQ1/21 sales flat for the period SI and by much of the info to date sales should be much better than flat Q over Q....FQ4/20 was the more the beginning of production with CPG systems install completed, much of Beena getting her feet wet in the company, cleaning up debt and prep for ramp up to full production. Being much further down the road to full production for most all of current ...more  
Comment by nearnorth101 on Sep 26, 2020 12:39am
my estimates for Q1 15M Q2 18M Q3 25 M Q4  32 M
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