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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 watchmeplzon Dec 24, 2020 3:54pm
140 Views
Post# 32181560

RE:RE:Record Sales

RE:RE:Record Sales

In my opinion, the only thing your going to see in the financials is the word "adjusted". no chance at a legit 2m profit that doesn't say adjusted. I expect the attempt to break even last quarter will hamper this one further. Keep your eyes on the increase in sitting stock, it's gonna skyrocket unless they had crops they had to chuck out, we surely don't see a NR saying they've maxed out production and have 100% online, lmao, remember watchme has been dead on correct since $2 to now, if one was a gambler my in favour odds would be through the roof. 



johnale wrote: despite shutdowns, I think Supreme should be on pace for a great quarter. 

they exited september with -3 mil monthly rec sales which were continuing to 'accelerate'. 

oct/nov/dec continued to see provincial sales increase. 

The hiway pre-rolls and bulk offerings came within the q - should provide further lift to those sales. they should easily crack 10mil in rec sales. With consistent wholesale sales should see that 14+ mil in revenues and easily crack the 2mil ebita. 

I think the 2mil in positive ebita is a significant milestone for them. as i pointed out previously, that more than covers their quarterly debt obligaitons. 



 

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