solarcradle wrote: Hey, Opt! After another great post by yourself @"Fundamentals" and maritime. I decided to info gather. It's always nice to talk about details rather than to hear from people that are playing emotional guessing games. I'm hoping that this paste doesn't mess up in alignment. :) Cheers to all!
Supreme Partnerships, Assets and Retailers:
Dinafem - highly recognized and scientifically documented, quality seed bank
7Acres - 342,000 sq ft build-out paid for and to be completed by 2018 year end.
7Acres - 6 additional acres purchased and plans to design ...an indoor cultivation facility
("Lot 16") to produce high quality, "California-Style" cannabis for the premium
product segment. Supreme intends to market the Lot 16 dried cannabis flower as
an ultra-premium consumer product and pursue favorable pricing economics with
current and future retail partners.
Medigrow - Supreme holds 10% in Medigrow Lesotho for medical use of sunshine grown product
Blissco - Supreme holds 10% in Blissco - Blissco is "poised" to produce, extract and
distribute medical cannabis. I read news they are set up to package as well.
Zenabis - LOI with Pharmasave, MOU with NB to provide 4 million grams (retail value $40m),
NB site has sales license. Part of Sun Pharm which also oversees Namaste
Namaste - Cannmart has committed to purchase 1000 kilograms of premium quality medical
cannabis from 7ACRES in 2018, on a take or pay basis. The aggregate value of the
agreement is $6,000,000.00, representing validation of Supreme's premium strategy.
Emerald - reseller of 7 Acres' Sun Grown prodct
Aurora - reseller of 7 Acres' Sun Grown prodct
Terrascend - has sales license
Puresinse - PureSinse will look to offer a wide variety of cannabis products, sourced from only the highest quality Health Canada Licensed micro and premium quality producers, and from producing a niche line of cannabis products for the medical and wellness adult use market.
Potanicals -
OptGreen wrote: Looks like we are getting closer to legal rec, with sector pulling out all the fluff and soon to see trading on fundamentals....with FIRE currently operating at ~10+% capacity the upside potential is second to none. Add the low debt/ burn rate and lowest cost of cost of production in the industry, there is plenty of fuel to move SP north on any material news...there will be plenty over the next 3mos.
We should see last quarter report in 3- 4wks and there has to be more grow area brought on line soon and put under crop to allow for harvest and curing to be ready for legal rec demand.....kind of looks like they are planning for legalization at end of July at the earliest or they would have added more rooms by now?
SP valuations in the sector are going trade like normal, based on fundamentals, and FIRE will catch up to and pass most as the market arrives....if the White Berry is a lower end product, there will be shelf space for FIREweed on most vendor's menu, definitely time to own, JMHO....Opt