RE:RE:Looks like Bissco entering Ontario I like it too. No matter the growth area or popular market segment - you have products that can fulfill the need and generate revenue.
I wonder if the recent price drop for haze is a possible precursor to a new ultra premium strain? If you look at aphrias prices they have $7.30, $9.50, and 13.7 (broken coast) strains. Fire is sliding somewhere in between. Finding their niche.
as well - it bears repeating - from financials - what the revenue generating plan was: as of mid feb -
The Company is confident in its ability to grow near-term revenue and reach profitability based on its accelerated transition to a premium Cannabis CPG company, its improved operating structure and its expected offering of new high-quality brands and products at every price segment. The Company provides the following updated outlook for the remainder of the fiscal year:
- Efficient and effective coast-to-coast sales coverage with the humble+fume sales partnership. The partnership will allow for brand building at a store level, thereby enhancing distribution, brand advocacy and budtender education.
- Launch of 2.0 products including PAX era vaporizer pods and cannabis concentrate products.
- Expanded brand portfolio with the launch of recreational brands that address the ultra-premium and value segments.
- 7ACRES to complete its transition from a wholesale business to premium consumer brand by Q3 2020, with completed in-house packaging capabilities for all flower products under the 7ACRES’ brand. Supreme Cannabis will continue to opportunistically supplement recreational sales with attractive wholesale
- Engaged an internationally recognized search firm that is identifying and evaluating candidates for the position of CEO.
- Fully funded to execute on all planned initiatives.