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Bullboard - Stock Discussion Forum 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 Discussion

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Post by Bever73 on Jan 06, 2018 3:19pm

Forecast 18&19

New to the stock...thinking about buying in however cannot get much visability on website Thw 1.5they booked in last quarter; is that monthly expectation or a summative total for a harvest?? Wondering what the revenue and kg' sold & profit might be going forward in 18/19&2020.. Curious as to the growth runway to justify the share price ...i do ackknowldge there is a decade of fast growth ahead and there is ZERO risk of bktp as these cos are raising money at ease. Reminds me of netflix/amazon/lulu where it was impossible to use tradiitonal valuation metrics Any answers appreciated
Comment by Tucker2013 on Jan 06, 2018 3:54pm
the 1.5 million revenue was from sales to EMH and Aurora in sept. From what i understand they have 3 more 10000 sq. Ft flowering rooms that were planted early november. I am not sure how many Kg. Were sold for the 1.5 million revenue but assume if that was made from one 10000sqft room then the next quarter would bring 4 times the revenue. And with future expansion on Lot 16 of 80000sqft. And ...more  
Comment by 2Relay on Jan 06, 2018 4:27pm
Tucker just to clarify Lot16 just purchased  is close to 6 acres that would translate in building space 50,000sqft per acre. 
Comment by Tucker2013 on Jan 06, 2018 4:41pm
i am only assuming from press release they say 10000kg per year expected on this property. And with current 40000sq.ft providing 5000kg per year wouldn't 80000sq.ft be a good assumption on size??? No doubt that they could grow way larger but by end of 2019...I assume that will be in stages.
Comment by Bever73 on Jan 06, 2018 5:44pm
If they could gross 200m year and keep 100m of it .....then stock would/ should be worth 2-2.5B (No debt/ huge growth/ ) .....how confident are you with your numbers ?
Comment by TMoney007 on Jan 06, 2018 7:12pm
I believe he meant gross profit 200,000,000 million a year.  They are projections about $1 per gram of cost and I am guessing they are selling a gram for $5.  So profit of $4 per gram times 50,000,000 grams a year is $200,000,000 per year plus expansion on to there new property.  They will be at full capacity by 2019.  This stock should be at $10 in he short term.
Comment by Tucker2013 on Jan 06, 2018 7:13pm
using beer stocks as an example...target market cap might end up at 3-6 times revenue. Say they make 240 million a year then that makes market cap around 720million to 1.4 billion...with current outstanding shares of 215 million the price should be $3.34 to $6.68.... of course right now its market cap is about 100 times revenue. I am just running numbers that i think are very conservative. I ...more  
Comment by Bever73 on Jan 06, 2018 10:15pm
I disagree as there will still be huge growth runway and co will not have any debt.... 5% on income 100m/ year = 2B cap ...(assuming your projections are close)