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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 theTransporteron Sep 23, 2020 10:10am
96 Views
Post# 31603513

RE:Expectations for Earnings

RE:Expectations for EarningsYou seem to be mixing revnues vs. earnings.

The $8M to $10M range are expected revenues.  You're arguing it could be lower due to fair value adjustments and re-pricing of inventory.  Those do not impact revenue but rather profits.

Whether you adjust assets or re-price inventory, it doesn't change total revenue generated.  



StayInvested wrote:

I think a lot of you are expecting Q4 to be in the 8-10mil range, which would be nice. However, I expect earnings to fall in the 7-8mil range this quarter due to fair value adjustments on biological assets and re-pricing of current inventory. 


<< Previous
Bullboard Posts
Next >>