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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

Comment by Dunworkin2on Nov 25, 2020 12:54pm
120 Views
Post# 31970552

RE:Message From SUPREME CANNABIS

RE:Message From SUPREME CANNABIS

mariup wrote: Investor Relations November, 24th - 2020 " Thanks for your message. Our continuing focus is on developing a great company with efficient operations and leading brands. It is our belief that this is the best way to build long-term value. You may have noticed our recent quarterly results announced on November 16 when we reported: Achieved positive Adjusted EBITDA of $0.3 million Grew net revenue by 24% quarter-over-quarter Had 45 active retail SKUs, with presence in all 10 provinces Completed the third shipment of Truverra brand medical cannabis to Israel Maintained a strong liquidity position, including a cash balance of $20.4 million Also, on November 12 we announced that we entered into a supply agreement to offer Truverra-branded medical cannabis products through the Medical Cannabis by Shoppers online sales platform, a subsidiary of Shoppers Drug Mart Inc. We are pleased with this progress and expect to maintain this momentum into 2021. Regards, Craig "

 

A replay of what we already know, btw, VFF also announced a deal with Shoppers this morning. They are up 7%.

If we have $20M cash on hand, cancel the ATM!

And why aren't any insiders buying this baby?!?!
 

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