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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 theTransporteron Nov 16, 2020 5:28pm
842 Views
Post# 31911162

impairments

impairmentsWhen do they stop with the impaiments?  These create negative gross margins, although they are a non-cash loss, I just think at some point this should not be an item.
 $8.4M was inventory impairment.  When do theys top writing down inventory?  This is realted to the reduction of their selling price thus devaluing their inventory, but I assume at this point they found their sweet spot for pricing and no more of this.



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