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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 Go0B3ron Mar 29, 2019 3:39pm
127 Views
Post# 29556099

RE:RE:$Billion pot companies getting slaughtered - FIRE best bet !

RE:RE:$Billion pot companies getting slaughtered - FIRE best bet !Not sure we'll see profit this quarter ending, but it is highly likely next quarter(I hope I'm wrong and they report profits two quarters into legalization, that would be huge!).  Reason for me thinking this is becuase they added 200-300 emlpoyees since Jan, and that will be a big drag on the first earning after.  Nothing negative about it tho, even if they shorten the losses a bit through this much expansion it's going to be huge.  Also I'm not sure what kind of contract they have with PCL, but there's usually one last big payment that comes at the end of any construction this size.  Cautiously optimistic is the idea here...

theTransporter wrote: Forget just revenue, most of those large players posting massive net losses while Supreme last quarter was within $1.5M of profitability. Wouldn’t be surprised to see a profit in the next report. 


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