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Supreme Cannabis Company Inc. (The) T.FIRE

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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

Supreme Cannabis Company Inc. (The) > Questions to ask
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Comment by johnaleon Sep 23, 2020 2:48pm
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Post# 31605470

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Questions to ask

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Questions to ask

And just to be clear - 40-50% of any quarterly sales is held by provinces at any one time, 

maybe less now as sell through is 1-2minths. 

so the price drop is on half of what the province is holding - call it even 10mil (which is unlikely) 

5mil - at 7% (accounting for provincial mark up) 
 

is 350k..... so I don't think I'm understating it. Especially when again - 700k was earmarked from q3 - which I was told - was a "very aggressive number" to begin with. 

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