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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

Comment by OptGreenon Apr 23, 2020 2:03pm
87 Views
Post# 30945834

RE:RE:RE:RE:RE:on site cannabis outlet stores

RE:RE:RE:RE:RE:on site cannabis outlet storesAgreed joh, most of the sales for the quarter should have been in March so we could be in the $13mil range but ~$20mil would not surprise me....do we know how much went to Israel?...Cannmart has been out of FIREherb for a couple of weeks....some Haze in Sask and it sold out quick, no 7acres on the shelf, albeit Sask has been in minimal supply of 7acres most of the time, need H&F to pump up the volume.

Does the lack of restocking speak to a greater increase in sales and they are moving everything they have? If Cannmart is still a part of the wholesale sales can there be any other reason but lack of product in the vault?

While we don't want to get too far out over our skis here we but could see some decent numbers in a couple of weeks. Should be plenty of sweat on the short brows one would think?  JMHO....Opt




johnale wrote:

ya at a minimum I would want to see them hit analyst estimates of around 13 mil.  Ranges are like 11-14.5 mil. 

Hopefully we beat - but at a minimum have some cost reductions and small ebita loss and cash flow control. 

i think we'll double our rec revenue numbers After entering quebec and n and lab early jan/late dec - and adding pre roll sales Alberta/on/and some Quebec. And the haze pre roll was the number 4 selling pre roll on ocs in jan/feb. demand increased like crazy in March,(170% inc by volume! Lots 7g sold) and feb and jan were significant increase in sales from previous months. Plus general shelving of product where we have poor penetration into stores. 

the boggie for me is wholesale. We had 3.3 mil last q - if we have the same number - I'll be happy. 

but the market is looking for rec sales growth and profitability. I think we'll show that in spades and the market will respond positively. 

ps maritimedreamer - check your messages. 


 



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