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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 Fowlerprowleron Feb 15, 2020 8:45pm
310 Views
Post# 30696353

The elephant in the room.

The elephant in the room.No one in the cannabis space ever mentions what I consider to be the limiting factor, or headwind for the entire industry.   Many of the would be consumers are in zero tolerance, safety sensitive jobs.  So, if you can be screened at will by your employer, or as mandated by government agencies, most people will make the sensible choice and not risk their livelyhood for a temporary high on the weekend.

Supreme was founded on the premise of producing quality flower at scale, and borrowed heavily at high interest rates for facility improvements and aquisitions.  Now, it would seem smaller companies with less debt load will have the competitive advantage going forward.




 
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