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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 Dec 27, 2020 4:53pm
149 Views
Post# 32185794

RE:RE:RE:RE:RE:RE:RE:RE:Record Sales

RE:RE:RE:RE:RE:RE:RE:RE:Record Sales

Ya I agree - supreme has been slow to market on new products, slow to adjust prices, and definitely haven't been ahead of the curve and it has cost them and us. 

beena has been at this for about 8mths now. Mostly restructuring the buisness and debt - and streamlining operations. It's a lot of heavy lifting. 

but I see some evidence of her getting ahead of things. I'll give 1 example - pre-rolls. 

supreme put out a ton of pre-rolls in the last 6months, new sugarleaf, all the 7acres, and Hiway prerolls being the cheapest on the OCS by a fair margin. even some craft collective pre rolls in bc. 

last aphria conference call - Irwin made a comment that pre-rolls were on fire right now. Then it clicked as to why supreme was going so heavy in pre-rolls. 

she knows how to read a market with regards to price and demand- and she has shifted in those directions. 

so I have some comfort with her at the helm - and I am content to wait this out as the reward could be very significant.

all the best - we'll see ya in February. 

 

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