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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 Southybirdon Jan 06, 2020 10:39am
94 Views
Post# 30521782

RE:RE:Supreme News!!!!!

RE:RE:Supreme News!!!!!

i think it's an obvious transition. The company needs to utilize their existing assets and start generating income. 

Nav and John had lots of ideas but they didn't focus enough on CPG and relied on wholesale to build the business. It's obvious that they spent a lot of time planning say five years down the road and missed the boat on key timelines etc. I salute Mr. La Brier for doing this. I'd like to hear more info on the the plan with 'Supreme Heights'  as there were some really concerning pieces that I read about 'founders' getting pieces of that which is absolute BS if they were working for the company when this started the operation should be wholly owned by Supreme..for another day.


The shift to CPG was a good pivot. Both Nav and John we're behind the eight ball in terms of how operations work. This is why they brought in the new COO etc. Should have all been done a year ago imo.

Nav lacked the aggressiveness and enthusiasm to continue be the CEO and I would suspect the board was not too pleased as am I as a large shareholder that revenues were so flat in Q1 and Q2 (assuming similar results in February to Q1 based on today.)

All Canadian assets are firing on full cylinders and per Moore they will be more agressive:

Going forward, we have a tremendous opportunity to drive profitable growth and cash flow by expanding our market position across all market segments and with new strains and product forms," 

GLTA and maintain...

 

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