Supreme Cannabis Company Inc. (The) T.FIRE

Blowout Quarter

[WealthBuilder99]

Supreme handily crushed analyst expectations of $14 and $15m, reporting $18.3m in net revenue.

Some highlights:
- Net revenue of $18.3m
- Postive adjusted EBITDA  of $3.6m
- Net revenue grew 54% quarter over quarter
- Operating cash flow at break-even
- Cash on hand is about $42m
- Operating expenses dropped 2% to $8.4m despite increase in sales and marketing
- Distribution improved remarkably with over 3400 new product listings in the quarter

You can read more at:
https://www.supreme.ca/supreme-cannabis-announces-financial-results-for-q2-2021
and for more detailed information, check out their filings on SEDAR.

Stock should see some solid sustainable gains tomorrow. And we should see analysts start moving up their price targets. Congrats to the longs - patience is paying off.

Cheers.

[Onebigdog]

BEAUTY EH. Fire

[johnale]

This right here!!!!!  what a quarter - holy smokes longs!!! Trans - she did it!!!!  jesus what a competent CEO does for a company.  Valuation just went way up - relative to OGI - we should be over a buck.  congrats longs, and more to come!!!  3% market share may have been a touch low for our revenues.   

[Pedal2themetal7]

No kidding, the only thing I needed is to see you if they could deliver, and wow did they ever.  Not going anywhere, I want to see where Beena is taking this ship. can you imagine when they are at full capacity!! Makes me laugh when some members are worried about the 7.9 million loss, it's probably the lowest of most LP's with 18.3 in revenue and above 3 ebitda. Now that we know

[vulcan123456789]

lets keep it positive guys...we been waiting for the q report. hoping it was good.. .. we blew exspectations out of the water...beena could not have done anything better for this given quarter.....we also next quarter will be soo much more exceptional as Australia and shoppers have been added.. then factor in increased sales due to store counts.. brand recognition and market share...we are in my

[Bigginvestor]

150% I'm so happy I got back into fire at .17cents this could be a 1billion market cap weed stock the new ceo clearly knows wht she is doing makeing money for the investor's and the company with all the new products fire has and

[Bigginvestor]

150% I'm so happy I got back into fire at .17cents this could be a 1billion market cap weed stock the new ceo clearly knows wht she is doing makeing money for the investor's and the company with all the new products fire has and with shoppers drug mart the biggest drugstore in Canada wow there product is in all 3k plus stores with there new sales partner .