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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 johnaleon Jan 19, 2021 10:28pm
193 Views
Post# 32330894

RE:RE:we achieved many milestones

RE:RE:we achieved many milestones Life is a gamble, but I think you can bet on Beena delivering. 

Coming out of Q1 rec revenues were accelerating according to Beena on the conference call - having already had record revenues in september. 

store counts jumped dramatically in Ontario into December. 

Aphria had ~45% of its rec revenues from ontario based on the leaked data.  

If LP's have similar revenue distribution - that would suggest Supreme at ~12mil rec sales - (which doesn't include Hiway/sugarleaf/blissco sales in ontario. 

Wholesale had record (2x strain) shipment to isreal in Q. Earnings in Nov stated they had some stable wholesale channels with LP's that they expected to keep consistent. Tamy Chen from BMO report after Q confirmed as much.  Last Q wholesale was 4.4mil 

Street had Fire at 14mil with 2mil + ebita for Q2. 

My guess is we will be north of 16mil and 3mil+. ebita and + cashflow. 


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