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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

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Post by jfogarty12 on May 18, 2020 9:56am

Sales

OPT wrote:

You haven't lost until you sell Po, this company can produce north of 50mil grams per year of the best product in the marketplace and they haven't even started to roll yet, In any case what ever you choose buy, sell or hold, all the best to you. JMHO...Opt

No one is doubting the fact that Supreme can produce 
lots of QUALITY product.....

THE QUESTION IS
why can they not sell it ????-- 

Organigram  sells 23 million per quarter
Supreme 11 million ...that is the pattern  -- just not good enough---- period!
Comment by Dunworkin2 on May 18, 2020 10:07am
Good question, and apprently a tough question to answer or we wouldn't be on our 4th ceo in a year, with the two prior still serving on the board.  Would love to see what those BoD meetings sound like, an Abbott and Costello episode of "who's on first, what's on second".  And now we have Beena getting their advice, poor thing.  
Comment by johnale on May 18, 2020 10:17am
thats 150 million dollar question right?  I think the reason is 2 fold.  1) their prices were too high with lost of competition- in certain markets.  I think there is a reason why 30% of their revenues were from Qubec last quarter with only 2 flower strains!!!!!!!!!!  8.69/g flower - bc the markup in quebec is very low - even though their prices are slightly higher - the ...more  
Comment by George141 on May 18, 2020 10:30am
..Stateside the market is open....SPRWF is Supreme symbol stateside...it up over 4% at this point in time. Not too bad all things considered. Could it be we are a little too critical...or the Americans understand and appreciate our quality...I don't know...gonna have to ask...maintain...
Comment by nearnorth101 on May 18, 2020 10:43am
nice to see a rise in the SP on some decent volume already, I think all the bad is factored in to the SP and we will see a gradual rise in SP , but get a few big bumps up with some more news between now and the next financials.
Comment by OptGreen on May 18, 2020 1:16pm
Now this has to be a trick question here jf, the FIREmenu sells out within days of being shelved in most every place across the country, according to the folks posting this often on the board...last week a vender here in Sask had some Haze in for maybe 2days and it was gone at ~$55 per 3.5gm, the Jean Gee not so much but that trend is pretty consistant across the country. Where can't they sell ...more