RE:RE:Great news - no love thoughI suspect up until now they haven't been as transparent as they could have been because of the B2B model FL. The B2B model had left them in a position of negotiating the price of their products to their competitors for both Flower and Trim. I believe it was counter intuitive for them to put these number out to the public(other then an average price in their earnings) because everyone buying from them would compete for a better price. However this hasn't helped them at all in the stock markets, since it's a dark hole people needed clarity on. I suspect moving forward this will all change... I certainly wouldn't mind knowing more information to throw into my financial models for Supreme. thanks for posting that conversation
Fastlane2 wrote: Spoke with a trader today in downtown Toronto during a business trip, I asked him straight out what the heck was wrong with Supreme? He told me it was a retail stock and not a front runner yet. The company failed with the B2B model and it failed to promote itself in the early years and it didn't catch the market's eye in time. I asked him about fundamentals, his response was that things were turning around and there is interest but Nav has to prove to the market that it can stand alone with it's earnings. He told me that Ontario is key for market penetration and distribution across all sectors matters (happening now). He had mentioned that 2020 is a make or break for Supreme and that market participants (fund managers) won't touch the stock until earnings are positive and consistant. One note he had commented on was the fact that Supreme isn't transparent with 'quantity sold'. He really liked that the board of directors is seeing a facelift, he said that it was due and refreshing. GL.