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.

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Supreme Cannabis Company Inc. (The) > And still a $150-$180 mm NET annual forecast?

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Comment by watchmeplzon Nov 15, 2019 1:37pm

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Post# 30357537

RE:RE:RE:And still a $150-$180 mm NET annual forecast?

Dream team? The one where your captain sells out and leaves everyone right as his guidance comes into question? Here you want some more articles on the current oversupply:

https://www.cbc.ca/news/business/cronos-group-cannabis-misses-revenue-estimates-1.5356212

https://seekingalpha.com/article/4306658-cost-leadership-oversupply-lack-brand-value-terrors-aurora-cannabis

https://www.cbc.ca/news/canada/ottawa/pot-producers-implore-ontario-open-stores-1.5357101
"Now it's the industry that has a supply problem — a serious oversupply. In response, the province is abandoning its lottery system."

Cannabiznas wrote: That article is about unfinished product. That's what a bunch of non professional LPs sit on not the dream team at supreme.

Supreme IR on unfinished "We calculate “work in progress” cannabis as harvested plants that are unprocessed. To move that over into “finished” takes just under 2 months approximately."