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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 RReis09on Oct 08, 2020 12:00pm
122 Views
Post# 31686663

Supreme Industry Leading Margins! (Let's Dance)

Supreme Industry Leading Margins! (Let's Dance)The Supreme Cannabis Company (TSX:FIRE), one of the Canadian marijuana stocks, reported industry-leading gross margins and positive EBITDA during its fourth quarter 2019 SmallCapPower | September 20, 2019: The Supreme Cannabis Company Inc. (TSX:FIRE), one of the Canadian cannabis stocks, reported Q4/19 financial results after markets closed on September 16, 2019. Results were highlighted by revenue of ~$19M and adjusted EBITDA of ~$3.2M. Revenue was in-line with the consensus estimate, as management had provided guidance of ~$19M on August 13, 2019. However, adjusted EBITDA came in well above the average analyst estimate of ~$0.85M. Management is also guiding between $150M to $200M in revenue for F2020E. For Our Complete Coverage Of Canadian Marijuana Stocks Click Here Figure 1: Summary of Supreme Cannabis Q4/19 Financial Results
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