Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Supreme Cannabis Company Inc. (The) T.FIRE

Consumer Cyclical Healthcare Advertising Agencies Drug Manufacturers - Major
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) > bnn view ----BUT WE HAVE A NEW MKTG CEO
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(128)
•••
Post by jfogarty12on Sep 26, 2020 7:20am
265 Views
Post# 31624928

bnn view ----BUT WE HAVE A NEW MKTG CEO

bnn view ----BUT WE HAVE A NEW MKTG CEO Supreme Cannabis takes $33.2M loss in Q4 amid renewed shift to recreational sales 

Toronto-based Supreme Cannabis recorded a $33.2-million net loss in its fourth quarter, while revenue fell slightly to $9.5 million from the company's prior quarter. Supreme also reported a $4.1-million adjusted-EBITDA loss in the quarter, a slight improvement from the prior quarter’s $5-million loss. The company said it improved cost-control measures to help streamline some parts of its business. Supreme also said it plans to focus on the recreational market as its primary revenue source amid reduced demand for wholesale cannabis flower. BMO Capital Markets analyst Tamy Chen said in a report that the company's reduced focus on wholesale demonstrates a positive change to its operations, although it remains unclear whether the company can find enough market share to be profitable. 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities