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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 johnaleon May 16, 2020 7:37am
154 Views
Post# 31037394

RE:RE:RE:RE:awful is the word

RE:RE:RE:RE:awful is the word

Either way maritime - it's just a little slow for me - given others posted solid gains in rec revenue- but ya we sold way more volume. We also entered quebec with 2 strains and a pre roll and it accounted for 30% of our revenue!! 

I'm happy we have a stable price in the wholesale market now. And there is a consistent 3.3 mil there to be had. 

the truverra isreal deal was for .800 k! Financials said all the increase in wholesale was from that. Hope to see more. 

I would think avg sell price in rec market should stabilize now that the price adjustments for each market has been made. And like you said - we have higher priced and margin products to market now in q4. 

To me the big positive is the reduction in expenses. operations wise we dropped to 9.5 mil! (Excluding non cash payments) 

that's incredible. 

we still need to get to 14.5mil cash wise to break even. 

Definitely added the sku's to get there - the release said rec sales are up - and hopefully h an f and the new sales strategy gets products into stores.

In any case - I said this in a previous post but bares repeating - they are going to run the facility at full tilt and maximize production. 

they will sell what they can in the rec market - and whatever else they will continue to hammer the wholesale market. They believe the rec sales will come - but taking time to play out. 

 

 

 


 


 

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