Supreme Cannabis Company Inc. (The) T.FIRE

New presentation....nice...cheers....

[righand99]

https://s22.q4cdn.com/498896478/files/doc_presentations/2018/09/18-09-13-The-Supreme-Cannabis-Company-Investor-Presentation-FIRE-1.pdf

[maritimedreamer]

not bad not bad at all!!! 40,000 litres of cannabis oils from medigrow..... not too shabby..... i really hope our next quarterly will be impressive..... 

[theTransporter]

Great updated investors presentation!  Thanks for sharing! Q4 will be reported in the annual filing due end of October.  Q1 will follow one month later as it's due end of November.  Q1, which covers July to September will be the one to watch for great results.

[maritimedreamer]

right bc Q4 will not really have any of the larger orders......? IE.... most of the Q4 sales would be from existing partners will sales lisence... whihc basically means ACB, Emerald, zenabis? the rest would not have sales lisence.... Bliss, Potanical, Namaste etc....... or was not yet announced: Provincial deals (? would that be the case.... or do you think money has already traded hands) Tilray..

[theTransporter]

A)  Q1 will include sales from provincial orders. B)  Q1 *may* include sales from additional 30,000sq.ft production that came online in early July.

[FIREdup]

They won't be able to book revenue from provincial supply deals until delivery of the product is made.  So we might not see the large uptick in sales until Q2 depending on timing.

[theTransporter]

Legalization is Oct 17.  You're telling me that 100% of the provincial supply deal orders will be shipped in the first two weeks of the month of October?  You know how challenging it is for all bricks and mortar retail locations and distributors to organize that much product in a small window like that in order to meet the demand on Oct 17? I'm betting you orders have already

[maritimedreamer]

how about the take or pay deals with blissco and namaste? Would those hit the books now? IE did they have to pay immediately ..... or was it between set dates. It was encouraging that Supreme is consistently getting between 6-7$/g for their product! This is key! This means we don't have to sell nearly the same quantity to hit the same revenues.... with a low cost B2B model..... our profits

[solarcradle]

Heya, maritime.  Supreme already sold product to BlissCO. From my understanding Namaste has not yet received 7 Acres product. According to equity guru..."There is a take-or-pay deal with supreme for 1000 kg of bud that’s going to cost $6 million by the end of the year, whether they are licensed to sell it or not." https://equity.guru/2018/07/26/namaste-technologies-nasdaq

[FIREdup]

Fair point Transporter - I agree it is not as if nothing will be reflected as sales in Q1.  I guess what I was trying to say is that there should be a significant uptick in sales in Q2 because they will have a full quarter of product being delivered.

[theTransporter]

Agreed Q2 will be greater than Q1 as Q2 will include potential product sales from the latest rooms that have come online.  

[maritimedreamer]

i just love having cool headed honest conversations....... keep em coming.......