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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 Fastlane2on Jan 29, 2018 11:36am
90 Views
Post# 27454640

RE:RE:RE:RE:RE:SmarterSquirrel.com - Does FIRE have 439% upside?

RE:RE:RE:RE:RE:SmarterSquirrel.com - Does FIRE have 439% upside?Good constructive feedback; You claim 2017 yet on Health Canada's home page dated December 18th. 2017 the numbers are taken from 2015, I will copy a few examples: Economic Insights Experimental Estimates of Cannabis Consumption in Canada, 1960 to 2015 by Ryan Macdonald and Michelle Rotermann Economic Analysis Division and Health Analysis Division Canada Release date: December 18, 2017 Estimation approach: The number of tonnes of cannabis consumed each year is estimated by means of an approach that first multiplies the population by the prevalence of cannabis use to estimate the number of consumers, and then multiplies the number of cannabis consumers by the number of days of consumption and their dosage per day. The calculations include assumptions to take bias and/or underreporting into account and are performed for specific age groups. This allows for changes in the age composition of cannabis consumers. An estimated 700 tonnes consumed by 2015 The estimate for the volume of cannabis consumed based on this methodology increases rapidly beginning in the late 1960s, and reaches 225 tonnes per year by 1973 . After that, the total volume of consumption rises more or less linearly, up to the 1980s, when volumes consumed begin to decline, reaching a low point in 1992. The remaining portion of the 1990s shows a period of increase, followed by a plateau over the 2000s and a rapid increase from 2010 to 2015. How solid are these estimates? Estimating the volume of cannabis consumption is fraught with methodological difficulties, missing information, differing quality instrumental variables and assumptions. Consequently, there is considerable uncertainty about the level of consumption
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