Supreme Cannabis Company Inc. (The) T.FIRE

NR Today

[Pedal2themetal7]

Johnale I appreciate all the research you share on this board. I have my estimate between 18 and 21 million, but to date Supreme has only one quarter worth mentioning. 

Other LP's will be dedicating all their efforts pursuing the Supreme model, and if this company cannot manage a strong Q4, market share and distribution, two key components to succeed would be missing from their arsenal.

We have to remember this is a penny stock and extremely vulnerable to volatility/manipulation and at the moment attempting to survive this fragile global economy.

Someone mentioned 50,000 kg at full capacity, but with the restructuring I believe the full capacity has been lowered.

Supreme is paying big salaries for what is being advertised as top talent, in my world top talent has to produce, I personally believe this upcoming Q to be crucial in order to gain traction and positive independent momentum. If the Q over Q growth can be achieve debentures will be in the rear view mirror. All the excuses have been utilized, strong companies find innovative ways to navigate landmines and be productive. This is one industry not overly affected by this crisis what an opportunity to showcase this company, claiming strong market share and steady growth.

But to date it has been delays/disappointments/excuses, which is fine for a period of time, but I believe it is time to show value to shareholders. IMHO
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[johnale]

Agreed!  but I'm less inclined to wait for them to show me and the market their success - so I've compiled all the data to point me in the direction - and so far for q4 it looks great.  as well - as maritime points out - 7acres brand is again one of the most searched brands in Ontario 2 months in a row.  that's huge - and shows the interest has been there for the

[vulcan123456789]

john thanks again for the effort you put it and for sharing with the board.. have a good weekend.. well see what next week brings cheers

[maritimedreamer]

Went to the NSLC today to pick up my boy jack.... check this... package date: May 4 

[vulcan123456789]

that's great.. product is moving. got to be eating up inventory cheers

[JiffBeasauce]

I got a 7 gram sensi star in edmonton alberta yesterday was packaged April 15.  19.68 thc but product seams very good in compared to te rif subway scientist i got at the same time it was packaged may 6th. those were the two products the young lad at the counter recommended. 

[johnale]

Woaaa that's awesome. Ehh Maritime 3.5 or 7g?  stores tend to get the newer product - I've been told - but both pack dates are well passed March 31. Takes time to get that product in stores - that's probably q4 sold product to provincial distributor.  Is it possible that we sold all 26.3mil in inventory present as of March 31?! and then some?  At least of the Jack

[TRIPandROGAN]

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[OptGreen]

Like the sound of your tone joh, are you leaning more to the $30mil range? This is getting better by the day....Beena was announced on board Apr 27th with plenty of work to go to get product shelved, which the chronology of your data generally supports. This says the majority of sales really came in the last half of the quarter, and if we are looking north of $20mil this will be beyond impressive

[BCmountainman]

I really think that you people are all in wirh alice as in wonderland you are all dreaming good luck with that.

[nearnorth101]

wow that's excellent! shows that product is moving really well now :)

[maritimedreamer]

Well I suppose their JH cultivar is moving well as it is probably their most popular strain. I was pleased to see the May packaging date (only 3.5g of 7acres in NS).  Although NS would not be a large order must mean some of their product is really moving throughout Canada.  Their inventory would be comprised of their four strains what % of each we do not know. Let us hope we hear sooner

[johnale]

Opt - ya I really don't know - but fire is on the big board on the OCS 2 months running a top 10 brand. At the right price points now across the country - so who knows. I think it's unlikely we are that high - Only bc jean guy 3.5 g package dates only to end Jan. (That we found) No data on widow.  maritime -  I have no data on white widow other than April 19 purchase ocs pack

[Method]

I think the focus should be on what analysts are expecting vs what the super bulls are expecting. The street is at $10.7m from what I calculate. I don't see a benefit in raising expectations beyond that. Let's be positively surprised if they beat it.  That would be great for the bonds but for the equity too, I'm sure. The more the equity is worth, the easier it will be to raise

[Dunworkin2]

Agreed Method, it's a long time between now and mid-September for Q4 and year end revenue speculation. An update, or updates from Beena is what I'd like to see. She  needs to tell it like it is, she has a clean slate with investors so I would expect her to provide a conservative range for revenue, and then we beat it easily with official results, along with any other news around the

[johnale]

I agree method - and in past quarters I leaned on analysts - but for q4 this is a straight quote from stifel report:: "Given the above, FIRE’s profitability outlook will likely depend on growth in REC channel volumes, for which. our visibility remains limited due to: 1) recent management changes, 2) longer sales channel shift, and 3) market impact from COVID." they basically don

[Method]

  Absolutely, turning over that inventory is key. It's a big source of liquidity. Has management ever told you what their target inventory turnover is?  I agree that analysts have no idea but as you know, low expectations as you know means we could have much more upside if they beat. Last quarter, I got my expectations too high so maybe I should just worry about myself. 

[OptGreen]

Spot on joh and that is exactly what the quote says...whether meth is straight up short or not he is definately not pro success and gain for the company and has not been from his first post. The tracking you have done, while an estimate of the information available, is as close to the real picture as one can be without the actual final figures/ info of the report to come...the chronology of

[Lou793]

Some of the analysis done here is great, but I know little about the space.  I was a trader who was getting in and getting out in a day or two.  I got stuck with with 2,000 shares because the trading was so light I couldn't get rid of it all.  My price was mid .30's.  I bought more averaging down to the high .20's, all to get out.  I'm now sticking around

[vulcan123456789]

welcome aboard.. I hold large position and I also do some trading.. I believe theres a great future here in near and long term.. do your own due dil have to make your own decision.. theres good info on here but be aware of the shorts that are all neg all the time.. cheers good luck

[watchmeplz]

In my opinion, value flying under the radar? A board member just left.. you think that's a good sign and they have so much revenue and good things happening that he left? Lol. All the other companies including ogi reducing capacity, scaling down, and you guys think this is good? Are you smoking pipe? This co. used to claim competitive advantage by having top end product, then they bought a