Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

View:
Post by jfogarty12 on Jul 14, 2020 9:58am

.2425

PLEASE

     ONE QUARTER OF A CENT?   how bad can this get?
Comment by OptGreen on Jul 14, 2020 1:43pm
And it isn't losing ground to the rest in the sector jf...on less than 200k traded. We need to see those last quarter numbers and anything in the $15mil range should get things started and if we were to $20mil or better we could see some nice lift in SP, as there is going to be plenty of red for the rest of the sector for a while yet. I have not been able to get any of the Craft Collective ...more  
Comment by maritimedreamer on Jul 14, 2020 2:17pm
we must also remember that the cost cuttings Supreme has gone through recently was not yet fully recognized...we got a solid taste of it last Q but this Q will provide us a much clearer picture of where supreme is at with regards to their costs going forward.... to me that is another part of the story not many people look at..... lower the costs the lower rev we need to achieve profitabliity and ...more  
Comment by OptGreen on Jul 14, 2020 2:55pm
Agreed md and the transition to CPG is going to stubstantially increase net margins which will give FIRE a much better edge going forward and allow for shelving product at competitive pricing when and where necessary while maintaining acceptable net margins. Once we are on the north side of $30mil per quarter economies of scale should start showing markedly better net margins....add product like ...more  
Comment by vulcan123456789 on Jul 14, 2020 3:14pm
agree and it was confirmed to me as well 3 rooms online one to go.. they are not doing this if it's all to go in inventory.. inventory must be moving jmho cheers
Comment by nearnorth101 on Jul 14, 2020 3:21pm
going by the recent package dates inventory is definitely moving, the future is looking great!
Comment by Method on Jul 14, 2020 3:47pm
  I hope you are right. I still like the converts better in that case. At least they benefit from cash flow and equity dilution. There is a big hole to fill between 26.75 and 100 where the converts are supposed to mature. If debenture holders don't get cash then there will be dilution. It just makes more sense to me as a longer term investor to have that option but I appreciate the ...more  
Comment by BCmountainman on Jul 14, 2020 4:48pm
The future is looking great lol
Comment by BCmountainman on Jul 14, 2020 2:13pm
It can get worse just hang in there
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities