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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 OptGreen on Nov 25, 2019 2:24pm

Fundamentals

It is all about fundamentals from here on and while most in the sector retool and replan their business models FIRE will just continue on it's startup agenda and meet/ exceed guidance over the next 6-8mos and should be the first to realize real profit by that time.

FIRE is the model business for this sector and it's customers and like every sector the numbers, balance sheet net margins determine the success or failure of each going forward of which FIRE will be a leader, if not the leader, JMHO....Opt

PS...been hunting/ busy but answered some mail.
Comment by watchmeplz on Nov 25, 2019 3:23pm
Opt, heres a question, you pump this thing so hard, so tell me this: How many acres of producing cannabis plants does supreme need to even break even on employee wages alone?
Comment by WCoyote on Nov 25, 2019 4:01pm
Hmm, I'm not sure if you're just a simpleton or just too lazy to read the finacial statements. Wages last qarter were under $5M, yet revenues were $11M - so apparently a heck of a lot less than they are cultivating right now. CAn you do better than that, or are you just pissing inot the wind in your Sunday best?
Comment by OptGreen on Nov 25, 2019 4:20pm
You still here watch?....and still as weak and messed up as ever I see, or are you still trying for the 'Secret Squirrel' of the year award? I will give you some inside info, check out Sedar and you will see payroll in relation to less than ~10% of sales, based on the guidance for the next 6-8mos just extrapolate from there and things should clear up for you? I support what I invest in ...more