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.

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Supreme Cannabis Company Inc. (The) > positive momentum

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Comment by brentkostaaon Dec 04, 2020 9:18am

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Post# 32035829

RE:RE:RE:RE:RE:positive momentum

Ya a good sales team wouldnt depend on 30% price cuts to see a bump in kg sold. A good sales team would have 7acres end caps and adverts in each store. I've seen none.

HopefulJuan wrote: Tough to push the product through the market. Rather than listen to sales people retailers will listen to their customers. The increase in kg's sold was the result of price cuts which made 7 Acres competitive. This is far from made in the shade.

StayInvested wrote: Does context not matter (covid, etc)? Could you explain your statement of sales being sideways? In terms of KG sold, it is most definitely not. I cringe to think what Supreme's retail sales would have looked like if they hadn't had a sales agency doing the legwork for them. How can you state it is a drag on the bottom line, do you know the specifics of their %? Not sure how anyone is expecting these guys to do greater than 20% Q-Q growth in this environment.

If you aren't familiar with what sales agencies bring to the table, I suggest you do some research. H+F have relationships with a lot of retailers. Sales agencies that procure and cultivate relationships are the ones that are successful. In this space, H+F is that agency.

Maybe wait longer than two quarters to judge a strategy? Not sure what H+F had to do with sideways revenues, they aren't setting the pricing for the product (which is what made the difference in this quarter).