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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

Supreme Cannabis Company Inc. (The) > Supreme Cannabis Sees Revenues Decline 22.6% To $13.6 Millio
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Post by AwareInvestor on May 14, 2021 7:28am

Supreme Cannabis Sees Revenues Decline 22.6% To $13.6 Millio

Supreme Cannabis last night reported its third quarter 2021 financial results, reporting net revenues of $13.6 million, which amounted to a 22.6% quarter over quarter decrease in sales. The company managed to post a positive adjusted EBITDA figure however, of just $460.
Comment by AOGEE on May 14, 2021 2:02pm
If there is anybody on the BB or invests in anything other than essesntial goods is shocked by the decline in revenues, you have not been listening to the experts and the CEOs. No it is not a intentional ploy by Beena so that it looks like the sale to WEED is beneficial. Look around and read all of the MJ companies ERs. They are all coming up short. I have been stating this for awhile. We are in ...more  
Comment by OptGreen on May 14, 2021 3:51pm
Agreed AOG, the deal is done and the FIRE SP is irrelevant unless you are buying WEED at a better price pre conversion, plus CGC is not interested in FIRE revenues at this time or it's sales but the profit realized is always welcome...Beena will be focussed on getting ready for the change over to CGC in weeks. They have been and will be prepping for their function in CGC they are not going to ...more  
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