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Supreme Cannabis Company Inc. (The) T.FIRE

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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

Supreme Cannabis Company Inc. (The) > I sent an email to Supreme investor relations
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Comment by Reachmeon Mar 05, 2021 6:49pm
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Post# 32734598

RE:RE:I sent an email to Supreme investor relations

RE:RE:I sent an email to Supreme investor relations
VK400S wrote: 40M on hand? WHat happened to the other ~20?

Reachme wrote: This is the response I got from them..... Thanks for your message Operationally we are doing very well. As reported last month, we had our best quarter ever with 54% increase in revenue and positive EBITDA of $3.6 million. We are a top-10 Canadian operator with growing market share. We have a solid balance sheet with cash on hand of over $40 million. Regarding our share price, we are subject to the downward pricing pressures seen in the rest of the cannabis sector. In addition, we raised capital recently which diluted the share count. We are confident however that our strategy will increase shareholder value over the long-term.




That's the response I got word for word.
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