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

Supreme Cannabis Company Inc. (The) > ACB CEO steps down

<< Previous

Bullboard Posts

Next >>

Comment by Go0B3ron Feb 06, 2020 6:57pm

68 Views

Post# 30654742

RE:RE:RE:ACB CEO steps down

SO... Best case scenario for Supreme right now is what, they report $20mm in revs, and don't fall back on their $150 for the year... CGC is going to report smaller numbers just like ACB...

Q1 - 11m
Q2 - 20m

Leaves them with $120mm to report for the rest of the year...

Q3 - 40m
Q4 - 80m - This puts them in the lead of the Canadian market by years end

wtf is happening here?

Updated for filings through 01/29/20

Company Name	U.S. Symbol	Non-U.S. Symbol	Qtr Ended	Qtrly Sales (CAD)	Q/Q Growth	Y/Y Growth	Adj. Op. Income	Next Financials


Canopy Growth	NYSE: CGC	TSX: WEED	9/30/19	$76.6	-15%	228%	-$279.1	~02/14/20
Aurora Cannabis	NYSE: ACB	TSX: ACB	9/30/19	$75.2	-24%	167%	-$88.6	~02/14/20
MediPharm Labs	OTC: MEDIF	TSX: LABS	09/30/19	$43.4	38%		$5.4	~03/30/20
Aphria	NYSE: APHA	TSX: APHA	11/30/19	$33.7	9%	56%	-$15.4	~04/14/20
Sundial Growers	NASDAQ: SNDL		09/30/19	$28.0	45%		-$7.2	~03/30/20
TerrAscend	OTC: TRSSF	CSE: TER	09/30/19	$26.8	53%	1402%	-$20.5	~04/29/20
Organigram	NASDAQ: OGI	TSX: OGI	11/30/19	$25.2	54%	102%	-$1.7	~04/14/20
Origin House	OTC: ORHOF	CSE: OH	09/30/19	$22.8	6%	244%	-$16.0	~04/29/20
Valens Company	OTC: VLNCF	TSXV: VLNS	08/31/19	$16.5	87%		$5.5	~03/30/20
Liberty Health Sciences	OTC: LHSIF	CSE: LHS	11/30/19	$16.1	52%	408%	$2.4	~06/29/20
Meta Growth	OTC: NACNF	TSXV: META	11/30/19	$15.8	-8%	317%	-$5.6	~04/29/20
HEXO Corp	NYSE: HEXO	TSX: HEXO	10/31/19	$14.5	-6%	156%	-$30.5	03/16/19
Fire & Flower	OTC: FFLWF	TSX: FAF	11/02/19	$13.7	24%	443%	-$5.9	~04/30/20
Alcanna	OTC: LQSIF	TSX: CLIQ	09/30/19	$12.9	47%		$0.9	~03/30/20
Cronos Group	NASDAQ: CRON	TSX: CRON	09/30/19	$12.7	24%	238%	-$29.5	02/27/20
Supreme Cannabis	OTC: SPRWF	TSX: FIRE	09/30/19	$11.4	-40%	122%	-$11.4	02/13/20

johnale wrote: Looks pretty ugly for aurora - estimates were for 75 mil.
The Company expects cannabis revenues for the second quarter of fiscal 2020 of $62 million to $66 million, net of excise taxes. Aurora expects to record provisions for returns, price reductions and future provisions of approximately $12 million, almost all of which relates to product sold in previous quarters. Therefore, net cannabis revenues, after giving effect to these offsets, are expected to be $50 million to $54 million. These revenue expectations reflect consistent quarter-over-quarter medical revenues, a decrease in international revenues due to short-term German supply interruptions, and much lower bulk sales. For the second quarter, Aurora expects to report modest quarter-over-quarter growth in consumer cannabis revenues prior to applying these offsetting return and price reduction allowances.

I think Bulk sales refers to wholesale (correct me if im wrong)
Modest growth in consumer rev - aka rec sales.

Fire seems to be well positioned to capture a significant portion of the rec market. - again - increased buying by provinces in the quarter.

Just another reason FIRE really pushed to go full CPG - develop a strong rec brand - and get consistent revenues. not relying on international sales or bulk sales in guidance.

nothing negative in there for from a supreme perspective.

still looking forward to a decent revenue beat from fire.