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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) > Shorts at work means
View:
Post by Dunworkin2 on May 28, 2020 5:44pm

Shorts at work means

Management not doing their job! Grow the company, increase revenue, increase profit, reward shareholders. Once management starts executing, I hope I won't be reading anymore about "shorts at work", that's bs. 

Once we stop blaming others and be accountable we will achieve success so if you are losing money, talk to management and ask them what is being done to reward shareholders. 

If the shorts are at work, it's because management is not working.

Comment by vulcan123456789 on May 28, 2020 7:25pm
what a crock of sht... shorts and if your in that category are an infestation that does nothing but reduce shareholder value in an less than honorable way to make a buck.. absolutely all stocks have the same issue.. there there jmho cheers
Comment by maritimedreamer on May 28, 2020 7:38pm
This is a fair statement. Supreme's NEW management needs to make up for past mistakes and finally bring shareholders a solid ROI for our troubles... Beena has all the cards in the deck she now needs to play her hand wisely but aggressively....get your product out there and sell sell sell
Comment by vulcan123456789 on May 28, 2020 7:46pm
i fully agree with that maritime.. beena needs to ensure they generate sales .. squeeze every dollar out of the company jmho cheers
Comment by johnale on May 28, 2020 8:55pm
From what I have gathered from the company - the plan is to take the 7acres facility to absolute full production.  gets them to the absolute lowest/gram cost they can.  Sell what they can in the recreational market - and wholesale and international the rest. Until the recreational market is robust enough that they can sell everything in the rec market.  Aside from continuing to ...more  
Comment by maritimedreamer on May 28, 2020 9:10pm
What is the $$$ we need to bring in to be cash positive ... just over 12m a q?
Comment by theTransporter on May 28, 2020 9:35pm
$30M per quarter. 
Comment by maritimedreamer on May 29, 2020 5:59am
Where did u get this figure from? Interested to hear.....
Comment by johnale on May 28, 2020 9:40pm
If you average out the interest payments - it's about that - ya 12mil.       
Comment by OptGreen on May 29, 2020 12:39am
That sounds pretty reasonable joh, what do you think from the info you have gleaned so far will be her level of success?....north of $30mil for the quarter? They should be able to shelve the 2nd full production run in late fall for the holiday season and if so, with current quarter and the first half of FY2021, we should see ~$100mil in sales? The product info below is much appreciated and I feel ...more  
Comment by OptGreen on May 28, 2020 11:52pm
She will md, she knows exactly what she is going to do here and she now has just about  as much to lose as we do. But she has just been here for some days not the many years that some have so she'll need a little time yet, that said there has been a lot of change/ progress over the last 6mos. In the end everyone has to decide if this or any stock, any investment is worth your coin and ...more  
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