Supreme Cannabis Company Inc. (The) T.FIRE

BBN SUMMARY

[jfogarty12]

Supreme Cannabis delays product rollout to Q4 due to COVID-19 

Toronto-based Supreme Cannabis said the company is pushing back the launch of some of its upcoming products as a result of disruptions caused by the COVID-19 pandemic. The cannabis producer said its whole-flower pre-rolls and Pax pods will now be shipped in Q4, one quarter later than originally expected. Supreme also announced that it has begun shipping medical cannabis products to Israel through its BOL Pharma partnership. 

[OptGreen]

I think the difference is a matter of weeks jf, as the ramp up was to really fire up at the back end of FQ3/20 and I believe they were going to start the Pax, prerolls etc roll out starting out west here and continue east. We should have a good quarter here, should be north of $40mil if all factors remain much the same form now through quarter...we will see that green river clearly within months,

[jfogarty12]

Opt: You  have always been  too optimistic IF SALES  NUMBER  came  in  @  at   15   even  20 million  for any quarter that would be NEWS ....go  away with  your  40 million estimate and raising everyone's expectations un_necessarily .....you  are entitled to your opinion but no way are we coming close to

[maritimedreamer]

these days some overtly optimistic tone is appreciated imo, love u opt! that said, I too do not believe the 40m is in the picture right now.... do they have the potential.... certianly they do.... but i think this Q mostly everyone just wants to see a solid increase.... show us they have gotten themselves out of the gutter and will survive this onslaught. Moore really seems to be steering the ship

[Vulcan]

i love to be optimistic as well.. if we get 16 to 20 mil ill be happy for this quarter.. do i want more of course..40 would turn heads ... but ive ... lets say been dissapointed for too long.. .. but with international sales going foward.. oils pods.. 2.0 products... h and f on our team.. new stores..on and on.. i want than marked improvement this quarter then i want to see us on fire so to speak

[OptGreen]

Agreed md there is much to be optimistic about, FIRE is the template for success in this industry and always has been from the jump for the most part, high quality product for a reasonable price...I like sales once in a while as long as they maintain reasonable net margins but the FIREmenu commands a higher price on that quality alone. The support from you, Vulc et al is much appreciated

[OptGreen]

Well jf this is very harsh and I will probably grow up with a complex now, but I have to disagree with your view here...optimistic of course or I wouldn't be here, it would be crazy be invested in something that one wasn't optimistic about. We had ~$42.5mil in inventory as of Dec31/19 and they have been producing with better than 50%, to be consevative, of full capacity since...they have