RE:long too Welcome aboard! You brought up an important point of the external factors. I don't think anyone truly knows the full ramifications of this Covid crisis and for how long it will ravage us. I also believe a lot of people and smart/high risk money are still on the sidelines. Look at Warren Buffett and BH, they were net sellers during all this downhill where in '08 they were buying everything up? He went from the Aviation industry being a long term core hold to a full blown liquidation and no holdings due to unknow factors. I have painfully learnt to keep expectations tempered with Supreme's sp until they finally PROVE IT in the books. What I do believe in is the growth of the company and the industry (to a lesser extent) as a whole in the next 6-9 months. Honestly probably one of the main reasons I stuck around was knowing the 'best' had yet to come with supreme's product offerings and hopefully growth. They certainly have made mistakes, many of us have unfortunately witnessed this as our account balances plummeted (well mine did thanks to supreme) since beginning of '19. But let us get back to our boy Warren. He apparently made 3 separate jokes about cannabis and its potential. Literally joked: Sativa or indica. This man would not be mentioning on quarterly call unless he was starting to turn to the 'green side' and mb get his toes wet? (Insert dream - BH buys into FiRE - end dream - lol) Also, I believe long term we will see cannabis as much of a sin play as alcohol during these tough times. Not everyone want to buy into gold. Money is still being spent somewhere and there is a lot of new couch potatos in the making these days. Some may believe cannabis could provide them a relief of their new found boredom and mb even enhance their well being. Mb I should also look into main 'munchies' manufacturers lol. Wonder what national sales in march will be compared to feb? I suspect a good jump no?
As for the financials, hopefully they will be between mhh to good. But who knows. I recently chatted with IR and they did acknowledge that Q3 still had a restructuring line still. It probably will not be cheap as you stated. That said, how much would be offset by little to no construction costs, and the known new bump from Truverra? They said for now Truverra's income will be under the wholesale line but eventually will have its own.
Thanks for the post and hope you keep participating on the SH bb.