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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 Methodon Jul 05, 2020 9:19am
144 Views
Post# 31225603

RE:RE:RE:RE:RE:RE:RE:RE:RE:NR Today

RE:RE:RE:RE:RE:RE:RE:RE:RE:NR Today
johnale wrote:

I agree method - and in past quarters I leaned on analysts - but for q4 this is a straight quote from stifel report::

"Given the above, FIRE’s profitability outlook will likely depend on growth in REC channel volumes, for which. our visibility remains limited due to: 1) recent management changes, 2) longer sales channel shift, and 3) market impact from COVID."

they basically don't know - 

so I can't wait for fire to post their quarterly report to see how they are doing. I need a better barometer than those reports. The package dates and other factors gives that barometer. 

You yourself posted that the package dates were important.......  
26.3mil in finished flower inventory end of March 31....
package dates indicate pretty good sell through. 


 

Absolutely, turning over that inventory is key. It's a big source of liquidity. Has management ever told you what their target inventory turnover is? 

I agree that analysts have no idea but as you know, low expectations as you know means we could have much more upside if they beat. Last quarter, I got my expectations too high so maybe I should just worry about myself. 

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