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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 OptGreenon May 11, 2019 3:08pm
171 Views
Post# 29738005

RE:tenth (#10) on the Revenue List

RE:tenth (#10) on the Revenue ListIf sales are ~$17mil, as mentioned the other day, Supreme should move up the list 4- 6 slots if the talk that several are expected to turn in weaker sales for the quarter....the biggest win will be Supreme's net margins that will be better than most now and improving markedly quarter over quarter going forward.

With the sweetest balance sheet now that will be the first to realize profit, while many continue to bleed red, and they will probably still be at less than 10% of full potential capacity. The genetics arm of Cambium Plant Sciences looks to be a material game changer, let alone all the rest of the fuel in the pipeline like ultra premium, KK, oils, Europe expansion, etc...the only craft quality producer in the sector for some time to come.

Supreme is right where it should be if we see sales in the $15mil+ range for last quarter and targets/ estimates of full production from the 250,000ft2 grow area by year's end are achieved...$80mil+ per quarter with even better net margins is still modest compared to the potential we can see right now. That said, the proverbial unknown can change everything but with what we have so far the future for FIRE looks better than any in the sector in most areas and SP levels will head north exponentially, JMHO....Opt

jfogarty12 wrote: Where will Supreme be on Tuesday morning on the list??


https://www.newcannabisventures.com/cannabis-company-revenue-ranking/





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