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.

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Supreme Cannabis Company Inc. (The) > OCS inventory

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Post by Fireguy on Aug 11, 2020 2:20pm

OCS inventory

My biggest concern is that half the SKUs seem to be out of stock on OCS on any given day. Is it because:

1. OCS has been having some technical issues with its website? I've heard there were some problems with the catalogue software, and a large portion of its catalogue was accidentally taken off line. This was at least a week ago, and I would have expected matters to be corrected by now.

2. is it production or shipping logistics issues with Supreme? If so, it does not bode well for the quarterly numbers.

3. is it because everything is constantly selling out and they can't keep the inventory restocked fast enough? I honestly hope it's this, but if it is the case I would want some interim guidance from corporate in support of investor transparency.

Cheers

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Comment by maritimedreamer on Aug 11, 2020 2:28pm

Hi Fireguy, by any chance do you follow: Stock Levels Updates: OCS (@ocsupdater) on Twitter? I have followed 7acres pretty closely on Twitter..... things seem to be restocking within the day or next day... example: Kush cake was restocked yesterday and sold out wihtin an hr or so...... IMO it used to be the issue with Supreme due to their B2B to B2C shift.... i feel as if supply chain ...more

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Comment by maritimedreamer on Aug 11, 2020 2:29pm

forgot to mention.... i also believe OCS is ordering smaller shipments but more freuqently due to COVID (or so they say).... this was confirmed through other LPs recent quarterlys as well as IR.... But IR said it was hard to tell since their orders are larger now with more SKUs to offer.....

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Comment by Fireguy on Aug 11, 2020 2:34pm

Thanks maritimedreamer, I'll check out the twitter post you referenced in your first reply. Have a great day.

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Comment by brentkosta on Aug 12, 2020 9:19am

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Comment by vulcan123456789 on Aug 12, 2020 9:26am

I would have to agree with you brent.. as things exspand they need capacity.. having to constant reorder inefficient.. as well with new stores ramping up .. also adds to the prob. jmho cheers

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Comment by brentkosta on Aug 12, 2020 9:46am

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Comment by maritimedreamer on Aug 12, 2020 10:06am

it went out the same window their budget went.... i think ON is realizing this is a cash cow they will need to lean on .... look at the removal of curb pick up etc for the retailers..... the OCS prices are undercutting them and they still offer delivery..... I would also agree with you regarding the warehouse.... suspect 2.0 is certainly having a problem with logistics consoidering the ...more

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Supreme Cannabis Company Inc. (The)