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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 johnaleon Sep 25, 2020 4:56pm
241 Views
Post# 31624001

Nikhil Handa - on Inventory/profitability

Nikhil Handa - on Inventory/profitabilityQuestion by analyst on inventory - 
Nikhil said there will be NO INCREASE in inventory anymore. 

So - they are selling everything they produce - production is meeting demand wherever it is for whatever product. 

SO cash margins on production was 64%  (probably increases as sales shift to rec market) 

Meaning with 9-10mil in ops cost you need 12.24mil to 13.6mil in revenue to break even cashflow moving forward.  


Took a while to get my head around those financials... but I think things actually look pretty good. Given they are forcasting probably greater than that in revenue for Q1. 

Lets see what analysts say in their reports. 







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