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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 17, 2020 11:52am
138 Views
Post# 31039686

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

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

Well they've been audited and basically stripped all excess value from segments of their buisness. 

right now their NAV is about .45 cents a share - so that's bare bones. (Debt included in calculation) 

they need to show that their new sales strategy with education and direct retail contact weekly - will work. 

most importantly - their new price points. 

All these changes are a result of the audit they did with humble and f. Stores want pre rolls and cheaper flower prices. So they have made the changes. 

Retail orders - provinces buys from supplier. No orders no sales - it's just how the cookie crumbles. 

The new products give us a minimum bump in sales. But if we are to see the big gains we all hope for - their core flower buisness needs to improve dramatically. 

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