RE:RE:RE: Having received the Final Order, Supreme Cannabis and BlissAgreed md, the ever increasing clarity of the market and especially Supreme is making more sense every quarter and Supreme is not behind on anything but perception and one's eagerness for growth and higher SP levels.
I was talking to a friend, a 1/4lb a year herb user for the better part of 40yrs, this weekend that had tried Sensi, the first of the menu for him, and he was very impressed but the price will keep him away when he can by top quality black market herb for much less. The laws are going to have start being enforced on BM product hard and fast as soon as the legal market is functioning at a level that it can fill the void and maintain supply. When this happens FIREherb especially the Jean Gee and ultra premium products coming down the road....Fowler has been on top of this from the jump and FIRE will be solidly in on the ground floor little competition because even though there will be many that want to produce product at that level they won't be able to consistantly make the quality grade and/or compete on price....we are already seeing that with WEED, ACB et al.
The BlissCo wing is going to key out of the gate for sure and expansion as required going forward....the KK oil, by the sounds of it, is an instant success. If the original 50mil kilo production target is met by mid '20, plus the oils etc, this company may well see better SP levels than most if not all in the sector, as those at the top now will see much lower SP levels if they continue to post these losses for any length of time and there will more sent to the house like Linton.
But talk is cheap and it costs money to buy whiskey so we need to start seeing all the planned and potential on the balance sheet and starting Aug15 will not be to soon by any means, JMHO....Opt
maritimedreamer wrote: something that i think is pretty interesting is how Supreme is not going to have Bliss grow/cultivate anymore..... 7acres has that covered.... now bliss and team and solely work on the extraction and wellness pieces and not be distracted by growing issues or cultivation days etc...... This way supreme still controls the inputs of the oils and allows Blissco and team to be laser focused on offering the best oil possible. The increase in capacity is great and you can see supreme is very focused on all isolates but also full spectrum. Having the best tools form the get go. This to me indicates how the market is shifting...... it used to be look at us we have more cultivation space.... now its more like we have enough and we now want to fous on extractions/wellness etc. I cannot wait to see how this will also reflect on Supreme's margins...... all our revenues as of now have had not a ML of oil sold.... this q coming won't either..... if we see again more Q over Q and then knowing oils are coming next Q this is where the puzzel pieces are coming together and the real growth of a company can be defined.
Look at this article.... may be reason why CGC is tanking again today.... probably compounding the issue with TRST to make a beauty of a red day. What i found interesting in this article is CGC's new CFO basically saying we won't hit 1 bil this year in rev (that was def a nail in coffin for bruce imo) but at same time their next q revs will be about the same..... margins still dropping (even though he mentions they still are expecting 40% eventually) and lastly.....reading between the lines.... don't expect much 'growth' for CGC in next coming q's as they clean up this royal mess....
https://finance.yahoo.com/news/three-big-reveals-jefferies-meets-144138854.html
As frustrated as i am with Supreme, i at least believe this company has always had the fingers on the cannabis pulse and read this roll out better then most. Minus not getting in on pretty much all hype train)