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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 by User

Comment by johnaleon May 25, 2019 12:46pm
79 Views
Post# 29773156

RE:RE:RE:RE:RE:GOOd news last week....

RE:RE:RE:RE:RE:GOOd news last week....Hey brentkosta - The answer I got from IR was that they were not able to produce the amount of weed licensed by HC due to construction at the site. It limited the sequencing of the plants and harvest timelines. There were no crop failures - the facility is top notch. Going forward - they said that now that construciton is almost complete - this should be less of an issue and that their production will more closely resemble their HC approved grow capabilities. 23/10/17: 3 rooms (0 to 5k) 11/07/18: 3 rooms (5k to 10k) 05/09/18: 2 rooms (10k to 13.33k) 28/01/19: 3 rooms (13.3k to 17.5k) 21/03/19: 6 rooms (17.5k to 26.25k) 13/05/19: 5 rooms (26.25k to 33.58k) april/may/june - 13.333k prod at 6/gram assume some minor inefficiency due to ramp up and we won't necessarily sell 100% of all production. Conservatively - sell 80% of production. 16mil dollar quarter - aug 15th release july/aug/september - 26.25k prod $6/gram assume inefficiency and big jump in grow rooms. assume 60%-70% of that. 23.5-27.5mil - Nov. 15th release. oct/nov/december - 33.58k prod $6/gram oils sales should be here and much better efficiency. assume 85% sales 42.8mil - Feb 15th 2020 No credit is given to any other revenue streams or Bliss earnings which should be added too.
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