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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > Despite SP guidance remains unchanged -
View:
Post by Southybird on Oct 30, 2019 12:34am

Despite SP guidance remains unchanged -

 No matter the market conditions, they have a highly successful flower business and are selling a product that has proven demand. Unlike many other LPs in the industry, they have not experienced strong downward pricing pressures on their flower.

Let's see if they follow-up on the 19M Q4 before conclusions are drawn. Throw in the EU CBD market and vape/extract sales 2020 still looks to be a good year.

Adding here when I can. GLTA.
Comment by Fastlane2 on Oct 30, 2019 7:39am
The context and content of the next quarters release presumably early November will be vital for Supreme going forward. Nav needs to continue to drive the earnings forward and be very positive during his report. If we get higher print than 19 M for the quarter and a positive summary into the next quarter we will be off to the races. December's 17 M plus warrants will expire worthless and I ...more  
Comment by OptGreen on Oct 30, 2019 3:31pm
Agreed Fast and I think we should see sales within reason of guidance estimates, Dhaliwal was very clear and concise with projections for the next couple of quarters, of which is much different than prior comments from management. Real profit by FQ4 will require the level of growth estimated and it will be key going forward for FIRE that guidance estimates from the Company are accurate and ...more  
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