Supreme Cannabis Company Inc. (The) T.FIRE

Sorry Guys

[Pedal2themetal7]

Anyone can find flaws if they dig deep enough, but to date Supreme has maintained its commitment to producing premium product while complying with the ever changing governmental rules and guidelines. Supreme has shown great flexibility adjusting to those changes while being fiscally prudent. Board members are reputable individuals, and the company has been able to attract world class talent, no small feat in a new industry and a penny stock start up company. Obviously they believe this company has potential. Most companies have been plagued by questionable practices, unachievable projections, and the only reason certain companies are still maintaining a higher SP is because investments by major corporations. IMHO

Am I happy with the SP of course not, but it is beyond anyones control, no one could have predicted all the shady practices being utilized and contributing heavily on this major correction. 

As everyone is restructuring Supreme will gain market share, and will now start producing at full capacity. 

I would be happy with anything above the 15 million dollar mark for the next Q and maintaining guidance. IMO this will be a slow grind regarding SP in 2020, but if investors regain confidence 2021 SP could see acceptable gains.

No company is perfect but to date I believe Supreme is a leader with its flexibility and efficiency relating to the neverending changes. They have shown integrety and professionalism from the beginning.

They're handling of the the Fowler and Nav departures were low key and I believe handled extremely well by the company and both individuals.

Excerpt from the NR shows what the company has done and where its heading. 

The largest portion of the facility, about 250,000 sf., is dedicated to cultivation. That space is divided up into 25 10,000 sqft. rooms, each of which houses a particular strain through maturation to harvest. By growing in many, relatively smaller rooms Supreme is able to maximize the growth and production of each strain in its own ideal environment. The company is also able to smooth production levels by staggering the start times in each room, ensuring a consistent flow of supply to the processing and packaging divisions.
Each cultivation room is controlled by automated systems that monitor and adjust air circulation, humidity, lighting, and CO2 levels. Artificial lighting is supplemented by natural light from the glass ceilings featured in the facility's hybrid greenhouse design. Supreme Cannabis' staff supplement the automation by regularly tending to each plant and to achieve a uniform crop that produces a consistent high quality product.
When the plants complete their growing cycle, 7ACRES harvests an entire room of plants in one day. The full plants are hung in drying rooms for two weeks, and each 1,500 sqft. drying room can accommodate a full harvest from a 10,000 sqft. cultivation room. 7ACRES believes this drying process is essential to preserving the delicate balance of terpenes and cannabinoids, resulting in a truly premium end product.
When it comes time to trim and process the dried cannabis plants, Supreme enlists the help of a machine called the T-Zero trimmer. All dried plants are run through the T-Zero for initial trimming. Each bud is then hand-inspected and hand-finished by staff before the packaging process starts. The T-Zero has increased the efficiency of 7ACRES trimming operations by about 400%.

The packaging process also benefits from recent automation. Since November 2019, Supreme has installed two high-speed bottling lines, each capable of packaging about 12,000 containers of finished product per day. The systems ensure quality bud selection and automated fill levels, contributing further to the company's commitment to consistent quality throughout its operations. Once packaged, each bottle is stamped, labeled, packaged for shipping, and stored in 7ACRES' 10,000 sqft. secure storage area as it awaits shipping.

IMHO

[OptGreen]

Agreed Ped, good stuff just not sure what you are sorry about?...if it is the $15mil for next week's report that or $10mil would still meet guidance. Current quarter we should see a good bunt in sales or FQ4/20 is going to have to be a monster to meet guidance. In your writing, much of it was put together over the last 4yrs and what has brought the rest together to date. This project has been

[Systematic]

Good write up Pedal, but you guys are selling yourself short or basically admitting that your expecting a bad quarterly report = expecting 15 million and opt is expecting 10 million? No freaking way, if Supreme doesn't come out with at least 30 million plus this Thursday expect a revision on guidance and down goes the share price. if Supreme waffles Thursday the market is going to punish them.

[jfogarty12]

You only need to watch THE SP carefully the next  4 trading days Insiders always know ..... no good to speculate Revenues  at 15 million,  20 million, 30 million???    ARE  they being prudent with their costs  what will their BOTTOM line look like ...don't forget listed on the tsx 90 million  line of credit if  the numbers aren't good 

[theTransporter]

not necessarily. Look at OGI's last financial release and how the stock price reacted after. The stock prior to the finance release did not show any indication of what was to come. 

[johnale]

Exactly - fire's price right now reflects analyst consensus estimate for the quarter of 11.89 mil. and reduced guidance.  anything better than that will push this up.  matching analyst revenue with positive guidance moving forward will push this up.  expectations are very low - as the sector has consistently underperformed.  Look what happened to ogi when they

[Vulcan]

totally agree people.. i exspect we will show a good quarter in excess of 20 mil.. with what they have accomplished and in recent months.. yes a failure is already baked into our price . Yet guidance has been reaffirmed a few times since it was first given..just look at the last news release everything looks great.. on target and yes again another chance to atleast give hint that we may have to

[Upswing1Tradin2]

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[brentkosta]

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[Vulcan]

i actually appreciated thst post.. makes for constructive comments..... if we have what you say reasons for poor numbers.. ie.poor sales.. crop loss.. lower cost per gram... Poor sales i would be concerned and want to know why.. as product is top shelf and seems in high demand.. That leads to lower cost per gram that would be a good thing.. but only if it means moving more product fifo.. keep it

[brentkosta]

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[Vulcan]

nobody said 25 percent.. im talking maybe 10 percent.. and never said they should.. drop at all.. it was a what if.. that you brought up.. im only saying if they announced a minor price drop.. i would say it could be a good thing if through new efficiency we are abke to produce much more product.. it would give us more exposure.. and nothing says it needs to be permanent. As we exspand markets

[Go0B3r]

Not sure why you choose to indulge this psycho Vulc... He'll keep twisting your words as long as you give him the opportunity...  It's interesting how the main subject matter to get pushed forward from day to day is always the negative one... Sorry guys, you're getting played

[brentkosta]

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[theTransporter]

I believe a reduction of guidance has been baked into the current price. The stock price dropped heavy since Zamparo's revised target prices as a result of his doubt they will miss guidance. The stock price dropped as the market agreed with him. A revision on guidance is now the expectation. A quarter that demonstrates growth with a re-confirmation of guidance will send this up very quickly as

[OptGreen]

A bit off here Sis, I think we could easily see $30mil in report but depends on where packaging capacity is for the period....also it could be $30, $20 or $10mil and for FQ2/20 and still meet guidance. Targets are backend loaded for the latter part of current quarter with the bulk of sales to come in FQ4/20, so even if FQ2/20 sales are $10mil they do not miss on guidance. The market is not