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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) > on site cannabis outlet stores
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Post by Vulcan on Apr 23, 2020 1:28am

on site cannabis outlet stores

the government is or should say was in process of working on the framework to allow on site producers to set up craft outlets.. once things settle im sure this will be back in play.. i envision a 7 acres store on site.. its a great location.. things are in play. this industry is maturing and progressing.. fire will rise... jmho cheers
Comment by maritimedreamer on Apr 23, 2020 5:58am
Farm gates have been approved Vulcan....but I'm sure there is a process for that too
Comment by Vulcan on Apr 23, 2020 7:59am
i realized they are approved a while ago.. i was just saying it will be great for 7 acres .. and that they as well as new store fronts will continue the process for opening and approval.. to be ready when things get back to normal.. cheers
Comment by maritimedreamer on Apr 23, 2020 8:34am
for sure Vulcan, would be great if supreme can get on that..... but maybe it is also a cap ex that they are not willing to do at this time as they try to clean up their balance sheet? i have a knot in my stomach for the next couple weeks until the Q comes out..... it's make it or break it time for Supreme...... god it at least should be better then last Q 
Comment by Vulcan on Apr 23, 2020 8:54am
i know we are all wanting a miracle quarter.. dreading a bad quarter.. im relaxed.. i wouldnt worry maritime.. its got to be sonewhere between a very good quarter with marked improvment.. or a fantastic quarter.. there is too many positives.. international sales. not a hope... we ship it... humble and fume sales force.. sales all provinces.. . cost cutting measures.. efficiencies have been made ...more  
Comment by brentkosta on Apr 23, 2020 9:56am
This post has been removed in accordance with Community Policy
Comment by George141 on Apr 23, 2020 12:28pm
..I know it has been mentioned but I have to echo this point. This "new normal" ain't going away any time soon. People don't have access to doctors like before. Getting around is viewed difficult and somewhat risky. People are staying in their homes a lot , lot more. The economy is in shambles. This is starting to look like the 20's (the roaring twenties followed by the 1929 ...more  
Comment by OptGreen on Apr 23, 2020 2:34pm
The question is how bad will that "new normal" be Geo, we can see that if the governments both sides of the 49th continue to keep and increase the pressure of the proverbial boot on the neck of our economy we will be at a point of no return long before a vaccine is available. It almost looks as if this push by the left, China, Iran, Russia et al is going to be successful. Not to worry ...more  
Comment by johnale on Apr 23, 2020 8:57am
ya at a minimum I would want to see them hit analyst estimates of around 13 mil.  Ranges are like 11-14.5 mil.  Hopefully we beat - but at a minimum have some cost reductions and small ebita loss and cash flow control.  i think we'll double our rec revenue numbers After entering quebec and n and lab early jan/late dec - and adding pre roll sales Alberta/on/and some Quebec ...more  
Comment by maritimedreamer on Apr 23, 2020 11:29am
I wonder if we will see much in the wholesale side this Q.... We do know many of their legacy deals in wholesale market have expired. But, they did make the note about opportunitstic about wholesale sales when required. Not sure if we sold to OGI but be interesting to know.  Here is a Q to the board.... is supreme only selling their cultivars as wholesale or are they actually growing other ...more  
Comment by OptGreen on Apr 23, 2020 2:03pm
Agreed joh, most of the sales for the quarter should have been in March so we could be in the $13mil range but ~$20mil would not surprise me....do we know how much went to Israel?...Cannmart has been out of FIREherb for a couple of weeks....some Haze in Sask and it sold out quick, no 7acres on the shelf, albeit Sask has been in minimal supply of 7acres most of the time, need H&F to pump up the ...more  
Comment by M4DM4X on Apr 23, 2020 12:59pm
It seems simple enough, but there’s a strange twist: producers will be legally required to first sell their cannabis to the Ontario Cannabis Store (OCS), the province’s government-owned monopoly wholesaler, then buy it back from them before it can be sold on to the consumer. Has the above changed? Because otherwise, this is a non-event. Would you drive all the way ...more  
Comment by nearnorth101 on Apr 23, 2020 1:39pm
Not all of Fire's products are listed at OCS so if I lived in the area of Kincardine yes I would go to their onsite store and buy product, it's a much more personel interaction with people who actually work for 7 Acres but I wouldn't drive hours to do that just as I would'nt drive a few hours to the Muskoka Brewery to buy beer from them, I'd go if I lived in the area though ...more  
Comment by Vulcan on Apr 23, 2020 1:58pm
good post . and in gereral we have some very good conversations and sharring of info today.. its good to see.. i agree id go to 7 acres myself . i live 30 min from there.. i am also an hr from owen sound.. they have two stores within the process for approval.. the one was planning may 24 weekend to open.. with covid who knows but people from our area will soon be able to make purchases from retail ...more  
Comment by nearnorth101 on Apr 23, 2020 2:06pm
Even though 7  acres is a 5 hour drive for me I'd definitely make a trip there someday just to check it out, I'd also explore the area lots of nice places to go in Kincardine/Bruce Penn area
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