RE:RE:RE:RE:RE:RE:RE:Sold out... againohhh give these conversations a rest. Did you see Handa's presentation? they are well funded for all planned initiatives and completed construction has them on a path to profitability - which i expect in Q4.
I never followed up on your query about my expectations of supreme - as if they didn't meet them by july next yr.
Well here is my expectation - of which - they are in progress:
To provide the best consumer product at every price point - and continue to be nimble and evolve to provide the products that consumers want.
You have a currently 2bil dollar industry in canada right now (not incld international or medical) and is growing monthly by 3-5%. You have competitors falling by the wayside - and a shift from the black market to legal channels.
Lets use Aphria as a base - given products a different price tiers and solid distribution they have rec revenues of 40-50 mil.
Easily attainable by supreme as all their products come to market - which are well received given their quality - at the right price now.
The difference for supreme at that level of revenue - is that I expect them to have margins of at least 40-50% generating 15+ mil in free cashflow.
Thats a base for where they should be going - and should be on the way to that in Q4.