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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

Supreme Cannabis Company Inc. (The) > Turtle speed Supreme!
View:
Post by theTransporter on Dec 05, 2019 10:24am

Turtle speed Supreme!

All that news article is saying is that they are 6 months behind the ball on legalization 2.0!

Most of these products will not be available until Q3 and Q4 while we're less than 2 weeks away from companies able to sell 2.0 products.

Just as always, Supreme is f.cking slow and behind the 8-ball!

They had plenty of time to plan and prepare.  INCOMPETENT MANAGEMENT!
Comment by theTransporter on Dec 05, 2019 10:25am
BTW.. I am betting THEY DO NOT meet their guidance numbers of $150M for F2020.  
Comment by maritimedreamer on Dec 05, 2019 11:02am
Hate to say it, but unless something happens that none of us expected, i am starting to agree with u re guidance. To see pax and pre rolls so late.... dont get it....
Comment by CrazyHorse67 on Dec 05, 2019 10:38am
Bang on! Transporter, this is what caught my eye  "In Q4 FY2020, the Company expects to begin whole flower packaging and pre-roll manufacturing for Supreme Cannabis brands at the Kitchener Facility." Why in the heck do these guys move so slow? You need foresight and nobody here has proved otherwise. 
Comment by nearnorth101 on Dec 05, 2019 10:45am
One of the reasons they could be behind is that there original focus was on the B2B market, it takes time to switch over. Don't they have arrangements in the near term for other copanies to package their pre-rolls and vap pods?
Comment by Fastlane2 on Dec 05, 2019 3:24pm
B2B was a failed plan, however it sure looks as thought they (JF clueless) put all their eggs in one basket and rolled the dice. Business plans prosper on having many moving parts including innovation. Now that they realized that B2B was c r a p they are slowly terminating/unwinding those contracts and getting into recreational but for gods sake they freaking knew cannabis 2.0 was coming, complete ...more  
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