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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 08, 2020 9:31am
95 Views
Post# 31238400

RE:RE:RE:beena perhaps

RE:RE:RE:beena perhaps

Consensus is $10.7m for Q4. That's the hurdle for now.

Next fiscal year it's $18.5m/quarter based on the annual revenue consensus. 

I don't understand why any bulls are trying to inflate expectations given how badly they have missed estimates for so long. 


johnale wrote:

Sheeeeesh lots of riff raff on the board last few days. 

does it seem morally ethical that you have to create a huge negative buzz to get as many longs to sell so you can cover your position at a profit? 

Dunworkin -
the package dates are a barometer for inventory sell through. There are facts we know. 

finished inventory for flower was 26.3mil as March 31
finished distillate oils was 4.6million 
Based on write downs(trim)/sales/price adj - 7mil of packaged flower should be dated before dec 31 of the 26.3 mil. 
 

so what does the package dates that have been accumulated tell you? 

5mil? 10mil? 15? 20? I'm all ears for a debate on this ... here is q1 so far: 
 

Jack Haze 3.5g 

NSLC - purchased July 4th - packaged May 4th (maritime) 

 

Jack Haze 7.0g 

 

Sensi Star 3.5g

 

Sensi Star 7.0g 

Alberta - purchased July 3 (store) - Pack April 15th (jiffbeasauce)

 

Sugarleaf 1:5 oil 

Order July 4 - pack May 7th (nearnorth) 

 

Alberta island Pink Kush 

purchased July 7th - Pack June 16th (jiffbeasauce)

 

 



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