RE:RE:RE:Looks like Bissco entering OntarioA
s sales increase could be more economies of scale joh, with their net margins improving they can run a loss leader now and then to increase market share in a specific area. I haven't had any Broken Coast in a while but Haze is better, from what I can recall....all of the FIREmenu are of the nicest shelved to date.
The 'ultra premium' was to be product of higher quality than Haze but I see Haze et al are referred to as ultra premium, the next in this category from Supreme could be KK...it seems they have been holding this back maybe as the KKE folks were here working with the team a year or better ago?
There is the Blissco herb as well, have heard it was very good but have never tried....we should see the Blissco med menu on line in the near term of which could include 7acres strains. There is plenty of positive underway and much more to come for those that own. JMHO...Opt
johnale wrote: 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.