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Bullboard - Stock Discussion Forum Supreme Cannabis Company Inc. (The) T.FIRE

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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) > NEGATIVE MARGIN!
View:
Post by RealistGhost21 on Nov 17, 2020 6:21am

NEGATIVE MARGIN!

The proof is within the Q1 report. 44% increased in sale but only 3% in revenue LOL.
Comment by RealistGhost21 on Nov 17, 2020 6:24am
Also they lost more than $8 millions in cash during Q1.
Comment by RealistGhost21 on Nov 17, 2020 8:26am
Also they state in the report they still hope for profitability in a near futur so it is not for next semester and with the economical crisis getting whorst expect weed costgoing down and NEGATIVE MARGIN will finish off this compagny. Winter is coming! That will be the LAST Christmas for this compagny.
Comment by Phonse47 on Nov 17, 2020 7:25am
.08 cents per share earnings. Just the beginning.
Supreme Cannabis Company Inc. (The)