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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 Mar 24, 2021 9:44am
109 Views
Post# 32865460

RE:RE:RE:Counter Balance

RE:RE:RE:Counter BalanceI talked to craig from IR about the comments. Shes softening expectations so people dont expect another 55% growth - as covid prevented them from going full speed in ontario. 

Supreme was ~3.06% market share last q -
so far - 
JAN - 282.6mil. 

Even if sales are flat through feb and march - and we dip to 3% market share - and... IGNORE the addition of new produts (28g hiway, cbd vape, edibles) and Ignore humbles ability to add more product listings - we still get recreational sales flat at 12.7mil.  

wholesale should be flat as well - B2B flat (even though market sales probably expanded) and loss of isreal ~1mil but gain shoppers/australia and any low key germany sale late in q.  

So street has supreme at 15.41, but Beena probaly gets us closer to the crazy 18.3mil we nailed last Q.  Which should be valuing us at 55++ 

In terms of the raises - supreme's operations are profitable, those raises were for strategic opportunities and not to fund operations. Still waiting for that shoe to drop. 
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