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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 vulcan123456789 on Oct 01, 2020 8:55am

on track

I see we are on the right path.. beena has laid it out. Gov is correcting past mistakes. far more stores. they figure the exspansion will continue at this pace for 3 more yrs. unless its ramped up further.. new distribution house to keep product moving.. beena is on new product development.. cost cutting.. right sizing.. if its q1 q2 q3 . does not matter but we will hit profit and exspodentely grow q over q. I dont give a sht about ghost tax craap. hes an idiot.. nor do I care about easy and his mmcap sht. hes nobody. nothing to do with then.. just another short. I continue to buy at these levels the harder the shorts work the more I buy cheap. dont care if shorts believe me or not.. I'm buying and support supreme. I believe we are in good hands.. gltl.. jmho cheers
Comment by johnale on Oct 01, 2020 9:27am
Ya we are getting no love - and I get the share influx from the debs deal putting pressure on us - but that was financially accretive and a great deal for the buisness overall.  Top line revenues have been flat for 4 quarters - but we reduced expenses by what? 65%?  reducing interest epense by 50+%.  Thats the same as having raised revenues in my books - as it puts us on a great ...more  
Comment by vulcan123456789 on Oct 01, 2020 9:35am
I agree but the love will come only with numbers until then I hold and buy..cheers
Comment by maritimedreamer on Oct 01, 2020 9:38am
also if the price wars and compression was not as drastic as it was we probably would of been showing better q over q growth... that with the LONNNG transition from B2B to B2C has taken longer then expected but the hard work is starting to show on the books. Our rec increases were good and more to come. Our Rec margins seems decent if we can maintain somewhat at the same level. But cetainly no ...more  
Comment by theTransporter on Oct 01, 2020 9:51am
Don't forget no more cash going into capital expenditures.  Strategy is to leverage 100% of the fully funded facilities.
Comment by maritimedreamer on Oct 01, 2020 9:59am
that too... kinda of important no..... amazing how other copanies still are in construction or wanting to expand in this environment right now. Supreme is quite lean right now.... we just need to show the $$$ is starting to come in.... and again would love to see some insider buys... but not sure if still in blackout period with two q's so close together
Comment by OptGreen on Oct 01, 2020 6:05pm
Spot on joh and vulc as well, it is starting to get much clearer of what Beena is saying and where she is going....if we are in the $20mil range for FQ1/20 and realizing profit we are still a long way from full prodution. Add the restuctured/ minimized costs for the period and FIRE is the first true functioning company in the sector, of which the net margins will just get sweeter Q over Q as full ...more  
Comment by vulcan123456789 on Oct 01, 2020 6:36pm
well said my friend
Comment by puppymonkeybaby on Oct 01, 2020 10:21am
This is the scary, sad side of loyalty. You see the same sickness in religous and political fanatics. 
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