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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 9:20pm
207 Views
Post# 29738491

RE:1.8 million volume brought this up $0.17

RE:1.8 million volume brought this up $0.17Agreed Trans and believe they probably could have had in the $10mil range for the quarter ending Dec31/18 but I think they may have low balled last quarter, and could do the same this quarter, if they are not in a position to better that preforance next quarter and exponetially going forward.

Sales should see growth quarter over quarter from here until full production, with the remaining 70,000ft2 approved this quarter or early next quarter, barring any material setbacks. But shite happens and as long as they are there 4quarters from now and 6 or 8quarters we will still do just fine and be at or near the head of the pack, JMHO...Opt

theTransporter wrote: What will 18 milllion volume do to this stock?

nothing outbox the possibility if they knock this out of the park on Monday. 

Those making conservative bets on revenue (I.e $10M) should note that last quarter they reported $9M in inventory coming into Q3. Assuming that all got sold, you still have to add revenue for produce they produced during Q3 as well where they had a significant more amount of grow space online over Q2. 


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