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Supreme Cannabis Company Inc. (The) T.FIRE

Consumer Cyclical Healthcare Advertising Agencies Drug Manufacturers - Major
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)
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Post by jfogarty12on Mar 26, 2020 5:53pm
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Post# 30851108

from bnn everything is relative!

from bnn everything is relative!TGOD to press pause on Quebec facility, temporarily lay off 30 staff 

Another Canadian cannabis company is pulling back its operations amid financial concerns brought forth from the COVID-19 pandemic. This time it's The Green Organic Dutchman which plans to postpone production at its facility in Valleyfield, Que., temporarily lay off staff and reduce salaries for both salaried workers and certain executives. A company spokesperson said that 30 staff in Quebec are affected by the announcement. TGOD said it spent $229 million building its Valleyfield facility before today's announcement. Jefferies LLP analyst Owen Bennett said TGOD's decision not to operate the facility is a "gross misallocation of capital" by the company's management. 
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