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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

View:
Post by jfogarty12 on Feb 27, 2020 10:38am

Fire

Exactly!

and that is why the NEW ceo is getting a grip on the costs
by cutting manpower and the completion of the bldg and rooms
"sunk" costs  - maybe stop spending $$$  will help the 
bottom line ...won't take long to tell ....the fact that the premium
quality stuff  price per gram will have to be reduced to compete
will affect Revenues  .... We will know a lot more in six months
 
In the meantime the word "recession"  is starting to pop up
  in the USA ...and everyone knows what that means for Canada
Comment by OptGreen on Feb 27, 2020 12:42pm
Agreed jf, Moore/team are on the right track and appear to be not that far off guidance with sales starting to pick up in March and what should be a very good increase in FQ4/20, progressing into FY2021....most importantly cashed up to see the rump up to full production and full production will generate cash in the till. ABC hit $1.80 today and there will be plenty of pain to come for many in the ...more  
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