Supreme Cannabis Company Inc. (The) T.FIRE

Vapes

[Pedal2themetal7]

Vapes won't be coming until Q3, as per Q2 release: By the end of Q3 2020, 7ACRES will also introduce its first 2.0 cannabis product in the form of PAX pods for the PAX Era vaporizer. 7ACRES inputs will be extracted at the Blissco facility and Blissco’s experienced team will formulate premium oils for the 7ACRES PAX Era pods. Prior to fiscal year end, the Company expects to introduce additional 2.0 products under the 7ACRES brand in the form of concentrates.

I don't expect much improvement in Q3, the partnership with Humble and Fume Inc is at its infancy stage and won't show much for the Q3 financials. Q4 could be interesting if operating at full capacity. With so much deceipt, fraudulent activities and unrealistic predictions within the industry  a lot of work is required to build trust with investors.

When it establishes some type of footing, it will be a long grinding road, no overnight success.We're dealing with a penny stock with absolutely no independent traction within the market, lot's of work in order to attract money. I still believe Supreme has a place within the industry but at the moment nothing concrete to base any type of proper valuation. Very good progression reports but with their last 2 Qs falling to meet expectations it is back to "wait for the next quarter" stale story.

It's always the same story, the next quarter will be better, etc, but until they can show growth Q over Q on a consistent basis IMHO we won't see much change with the SP.

Good potential but so far has failed shareholders miserably IMHO.

[OptGreen]

Agreed Ped, we are a few weeks away from the end of FQ3/20 now so we should see a better quarter than last but much better for FQ4/20, looks like right on target. Stay away from the cool aid and things get much clearer once you get the cheese out of the eyes have a look around, the rest of the sector is underwater big time and with a lot further to go to clean up their act, if they can at all

[johnale]

Sadly this is true - won't see big gains until revenue starts to increase substantially.  hard to say how q3 will go - unless we get an update or guidance.  from December - Canada wide stores are up significantly. last count 805 end of feb. Ended dec 660.  Anecdotally though -  7acres started selling in 2 new markets the whole quarter Quebec and NLandL  their

[OptGreen]

Agreed joh, is what FQ2/20 report addressed and without hard numbers in the guidance. Nothing is going to move the SP north but sales and net margins and we will not see the growth anticipated in Dec guidance for current quarter, the cause is not critical but rather just not going to meet the estimated timetable. Very hard to assess sales potential or where product price points are until they

[johnale]

I agree - and price and market - like you said - is to be determined.  But superior quality products with good marketing always win - and Im still satisfyied that supreme is the right investment in this space. Its very early still - with a huge remp up in retail happening as we speak.   aurora/canopy/tilray will never reach the revenues to justify their lofty valuations. their products