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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

Post by MisterAllanon May 20, 2020 6:16pm
265 Views
Post# 31053610

Got an answer from IR

Got an answer from IRIn regards to your question on inventory, of the total inventory, $26.4M is in finished good form. This for the most part consists of whole cannabis flower that we are confident in our ability to sell.

From a distribution perspective, we expect our humble+fume partnership reduce instances of sell-outs and drive sales through new retailers. This innovative model will be operational in Q4, executing against the market audit that was completed in Q3. With humble+fume accessory products currently distributed to over 85% of cannabis retailers, we expect this partnership to have a strong impact on our recreational distribution across Canada.

As you noted, the sales into Israel last quarter sold through quickly and performed very well. BOL has submitted for an additional import permit and is looking at opportunities to sell additional Truverra product through their network. We are pleased to build the Truverra brand and create this new revenue stream.
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