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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 OptGreenon Jul 14, 2020 2:55pm
71 Views
Post# 31266883

RE:RE:RE:.2425

RE:RE:RE:.2425Agreed md and the transition to CPG is going to stubstantially increase net margins which will give FIRE a much better edge going forward and allow for shelving product at competitive pricing when and where necessary while maintaining acceptable net margins.

Once we are on the north side of $30mil per quarter economies of scale should start showing markedly better net margins....add product like KK et al to the menu with nothing but production on the agenda, little to no cap ex in the near term we will start seeing the debt side of the ledger cleaning up and share count balanced out. The contrast from most of the rest in the sector in the near term is going to add to lift in SP. The real gold is north of $40mil per quarter and we should be there by FQ3/21 with reasonable luck and nothing material unforseen on the negative side.

The table is set, there is nothing but full production and product shelved from here on, JMHO...Opt

maritimedreamer wrote: we must also remember that the cost cuttings Supreme has gone through recently was not yet fully recognized...we got a solid taste of it last Q but this Q will provide us a much clearer picture of where supreme is at with regards to their costs going forward.... to me that is another part of the story not many people look at..... lower the costs the lower rev we need to achieve profitabliity and positive EBDITA. I also just learnt from IR they brought online three of their final licensed grow rooms.... meaning we are pretty close to full steam ahead and our margins sohuld be getting better...IR is very helpful to anyone that would like clarity btw.... 


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