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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

Post by leopold99on Apr 25, 2019 9:36pm
205 Views
Post# 29672611

Math again

Math againHere we are a few days from Q3 financials, I am looking back a bit when John Fowler was on Midas Letter last fall, I remember very clearly John stating that "ALL PRODUCT IS SPOKEN FOR" for the next few quarters. To me that means all quarterly production will be sold in every quarter. Now for the math part. The stated run rate in Q2 was going to be 13000kg, hope they got to that number. I will use 13000kg as the true anual output for Q3. So 13000kg divided by 4 quarters is 3250kg/quarter. For Q3 fire could/should have sold 3 250 000g @ 6$ or 19 500 000$ worth of product. They of course could have had production problems so reduce that by 25% just in case... we should see revs around 15 000 000$ or over 100% increase from Q2. Hoping I am on the low side. What say you?
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