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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 RealistGhost21on Jul 11, 2019 12:38pm
79 Views
Post# 29909014

RE:profit

RE:profitEvery Shareholder would like it of course, but IMO it is not going happen the operational cost will still exceed the revenues. It is a reality that every producer will face when they start there operation like hiring new employees and training and so on. My best guest is that they may show a profit for the quarter covering Oct to Dec or the next one Jan 2020 to March 2020.

At this time the quantity of weed sold for last quarter is what matter and should at least be 3000Kg (still less than 13300Kg / 4). If it is less than 3000 Kg it will be a serious concerned because that will put the management team in a very bad position to justify why it is not the case without contradicting the answers they provided months ago about their cycle of production and furthermore if it is less than 3000Kg the SP will go down much more thant what we have seen so far and only management will be responsible for that because by their lack of transparency on that aspect they will have feed themselves the Troll in some way and provided a good opportunity to the Shorts.

According to the Management a full cycle for a full crop of weed (from the start of cultivation till they have it on the shelves at the OCS i.e.) is 5 months. Why the 3000 Kg is important? Because Health Canada give the authorisation for 13300 KG annual production on the 26th Sep 2018 which is more than 6 mouths before April 2019.

donaldmac wrote: Hey would it be great if show a profit this quarter I do not care if its one dollars just show it for us ok



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