Supreme Cannabis Company Inc. (The) T.FIRE

This was a good report.....

[maritimedreamer]

Strong growth q over q (19 not too shabby), 3.2 ebdita positive, hit guidance (lol acb), lot 16 to start construction, another grow room approved (#24), all projects fully funded, cash position still quite strong....proving quality is the way to profit.  Congrats to fire team well executed....hold strong

[OptGreen]

Yes a very nice start indeed md, with $19mil in inventory to start current quarter we should be north of $30mil for Sept 30th report. They have to get stiff on collecting their green, $22mil seems on the high side and it could reflect large end of quarter sales? Their guidance was accurate so far, albeit they did have numbers for this report in hand for the most part and would half the current

[theTransporter]

As much as everything was excellent in this report, we can’t ignore one item that prevented them from actually making more than $19M which was a crop loss from 3 of their rooms. They had an equipment malfunction which caused them to destroy the crop and shut down the rooms for a period of time. Problem has been permanently resolved, but I’m sure if that didn’t happen they could have tipped the

[maritimedreamer]

Yes they stated a ‘ mechanical failure’.....wonder what it was and how they resolved.... not the best thing but gues could be worse...look at broken coast (also unfortunate as they have great cannabis).....

[brentkosta]

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[theTransporter]

I recall you said that about Q3 which was not true.  Loss occured in Q4 which they disclosed.  If it occured in Q3, it would have been disclosed as it appears they are transparent about that. No apology, you were grasping at straws but you were off by one quarter :)

[brentkosta]

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