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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 Primus1010on Sep 17, 2019 5:14pm
190 Views
Post# 30137435

Supreme Cannabis Q4 results

Supreme Cannabis Q4 results

https://seekingalpha.com/pr/17635501-supreme-cannabis-announces-q4-2019-fiscal-year-end-financial-results

 

  • Achieves first positive Adjusted EBITDA1 quarter of $3.2 million.
  • Q4 2019 net revenue was $19 million, a 90% increase from Q3 2019 ($10 million).
  • Fiscal 2019 total revenue was $41.8 million, a 370% increase from fiscal 2018 ($8.9 million).
  • Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA1 for fiscal 2020
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