Post by
Gilbert90 on Feb 10, 2019 9:42pm
Projected FY-Q4 sales for FIRE
...Analysts project that Supreme Cannabis will report FY19-Q2 sales of C$7.9, which would represent annual growth of 372%....
Aurora Cannabis, which pre-announced FY19-Q2 revenue of C$50-55 million, is expected to report revenue of C$54.6 million, which would represent growth of 366% from a year ago as the company recognizes sales into the adult-use market. Aurora Cannabis reports on February 11th and will be hosting a conference call. Analysts expect Canopy Growth, which reports on February 14th and hosts a call on the 15th, to report FY19-Q3 revenue of C$85 million, which would represent annual growth of 292% and would restore it to leader of the sector by this metric. Analysts project that Supreme Cannabis will report FY19-Q2 sales of C$7.9, which would represent annual growth of 372%.
https://www.newcannabisventures.com/41-top-revenue-generating-cannabis-stocks-ranked-as-of-february-1st/
Comment by
Gilbert90 on Feb 10, 2019 9:47pm
Well if it is really the sales for FY-Q4 (C7,9 Millions$)I understand that there was a leak somewhere and we have the reason for the amonymous001 4 Millions Shares sold on Friday. Will see in less than 12 hours if it the downer Why ??? Easy the drop will go on. 7,9 Millions sales would be more than disapointing for me it would be disastrous.
Comment by
IndomitableFire on Feb 10, 2019 9:55pm
Reserves from prior quarter 414 kg - 2.4 million Potential trimmings converted to CBD oil sale from Medipharm: $2,000,000 10,000 KG/4 =2500 KG capacity for quarter = $15,000,000 Potential revenue $19,400,000 OPT what you think?
Comment by
Mrderalick on Feb 10, 2019 10:26pm
I have no knowledge of THC trimmings being converted to CBD I’m not even sure this is possible. The oils from 7ACRES will be that of THC content because Supreme doesnt at this point grow CBD strains.
Comment by
Mrderalick on Feb 10, 2019 9:52pm
Have you watch Midas letter a few days ago where Jason Zanberg predicts Supreme to break 9 million? It’s lower than my predictions but beats the analyst forecast. How do you predict the market digests the number?
Comment by
Bever73 on Feb 10, 2019 9:58pm
I dont think revenue matters at all...7-10m who cares...do they have EXPENSES UNDER CONTROL? WHat is the operating margins now and moving forward? Revenue a year from now matters; not now