Post by
Slickrick39 on Feb 15, 2019 1:14am
Canopy Sales vs Supreme Sales
If you compare the sales / market cap for Canopy and Supreme you will see something I find interesting. CANOPY: $83 million sales / 21B market cap = .004. SUPREME: $7 Million sales / 520 million market cap. = .013. For a company 40 times Supremes Market cap you would think Supremes Quarterly Financials would have been received better. I think they are doing just fine.
Comment by
Slickrick39 on Feb 15, 2019 1:19am
Supremea MC is not even 3% of Canopys. Yet Supreme has over 8% of the sales Canopy does.
Comment by
Gogglespizano13 on Feb 18, 2019 8:10am
Difference is the future potential. Companies like ACB and CGC are leaving fire behind with innovation and growth on a global level. fire is more like a domestic brand might be decent quality but could thier sales hit $500 million a quarter in a year?
Comment by
MrDucksworth on Feb 19, 2019 10:57am
Oh yea in 1 year can’t wait for for a 493 million revenue jump. Totally realistic and going to happen. Come on I love lurking and reading these boards but hate when people constantly say unrealistic speculative stuff
Comment by
cannatrader22 on Feb 19, 2019 12:13pm
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