RE:RE:RE:RE:RE:RE:Sorry GuysAgreed md and you would think based on 7acres as a template and the automation upgrades, CPG etc that we may see more grow area added by next year....maybe Stateside?
Like you say it is not easy to grow quality herb on a consistant basis in quantity on a consistant basis...if we are to see the FIREmenu on shelves across the country, and stocked at all times, generating sales in the $70mil per quarter range they are going to be needing grow area. Based on guidance, with sales in the $150mil range for FY2020, we could see $70mil for FQ4/20.
The direction FIRE is taking is not small ball by any measure, not too mention adding new and improved strains to that menu along with oils and confectionery...with the path FIRE is taking the posibilities are endless especially with the cannabis market opening up and expanding across the globe, there will definately be handsome rewards for those that own. JMHO...Opt
maritimedreamer wrote: Morning bugger, IMO you may of answered your own question about Supreme in your post.
“Personally I think supreme is a way better company then both of those, I like their method of growing in small grow rooms, there product compared to cgc's and acb's there's no comparison."
Some people here believe Supreme created long term value for shareholders by not creating a house of cards but one with solid a solid foundation. 7Acres is widely known as one of the top facilities in Canada, and possibly globally (?). This will generate true value for a real company. I personally do not have a green thumb, but I do know anyone can grow cannabis, but to grow quality, consistently, and at volume is no easy task. We can all agree Supreme has succeeded in this regard. When ACB etc were building these massive facilities, I shook my head. No way they can control their facility enough to grow truly happy / healthy plants. Some product hitting the shelves is downright embarrassing. The genetics selected matters just as much as how you grow it. Cambium has already proven value with our boy JACK with more to come. Every angle of Supreme is about quality.
Supreme has always kept their heads down and directed all efforts in building a company capable of producing the best on the shelves. What is not quality are the market conditions and the bs that has floated to the surface. the share prices are now all crashing down to reality as many are realizing a lot of sm9e and mirrors were used here. The pain Felt now is extreme and for some will only get worse. The government roll out certainly did not help but will get better. Supreme has certainly made mistakes but I believe not to same levels of ones that will have to reorganize the whole existence of the company. I believe they are sized to survive the headwinds right now and imo set up for long term success. many here have waited for this tortoise to finally win the race.