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Bullboard - Stock Discussion Forum
Supreme Cannabis Company Inc. (The)
T.FIRE
Consumer Cyclical
Healthcare
Advertising Agencies
Drug Manufacturers - Major
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.
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TSX:FIRE - Post Discussion
Supreme Cannabis Company Inc. (The)
> Supreme Cannabis Q4 results
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•••
Primus1010
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Post by
Primus1010
on Sep 17, 2019 5:14pm
Supreme Cannabis Q4 results
https://seekingalpha.com/pr/17635501-supreme-cannabis-announces-q4-2019-fiscal-year-end-financial-results
Achieves first positive Adjusted EBITDA
1
quarter of $3.2 million.
Q4 2019 net revenue was $19 million, a 90% increase from Q3 2019 ($10 million).
Fiscal 2019 total revenue was $41.8 million, a 370% increase from fiscal 2018 ($8.9 million).
Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA
1
for fiscal 2020
(198)
•••
OnlyOIL
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Comment by
OnlyOIL
on Sep 17, 2019 5:30pm
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