Reentry price levels to watch. Short term short looking for price entry.
Description
The Supreme Cannabis Company, Inc., a development stage company, engages in the production of medical cannabis in Canada. The company was formerly known as Supreme Pharmaceuticals Inc. and changed its name to The Supreme Cannabis Company, Inc. in December 2017. The Supreme Cannabis Company, Inc. was incorporated in 1979 and is based in Toronto, Canada.
News: finance.yahoo.com/ne...oints-130000169.html
Highlights: (1) Supreme Cannabis’ fourth quarter revenues were $3.55M, 71% greater than its third quarter of $2.07M. The fourth quarter represents an annualized revenue run rate of $14.2M which trails the industry leaders for now, but is already greater than other notable industry names such as Cronos Group and The Green Organic Dutchman.
(2) Revenues for fiscal 2018 were $8.85M, which is one of the best first four quarters of revenue among all licensed producers including market leaders like Canopy Growth and Tilray Inc., who recorded revenues of $1.9M and $6.9M, respectively, in their first four quarters of sale.
(3) Supreme Cannabis trades at a significant discount to others when comping revenue
Current Total Square Ft: 304,920
Future Total Square Ft: 304,920
Location: Kincardine, Ontario, Canada
Website: www.supreme.ca/
Number of Employees: Unknown
Market Cap: 435.729M
Ave Volume: 507,741
Description
The Supreme Cannabis Company, Inc., a development stage company, engages in the production of medical cannabis in Canada. The company was formerly known as Supreme Pharmaceuticals Inc. and changed its name to The Supreme Cannabis Company, Inc. in December 2017. The Supreme Cannabis Company, Inc. was incorporated in 1979 and is based in Toronto, Canada.
News: finance.yahoo.com/ne...oints-130000169.html
Highlights: (1) Supreme Cannabis’ fourth quarter revenues were $3.55M, 71% greater than its third quarter of $2.07M. The fourth quarter represents an annualized revenue run rate of $14.2M which trails the industry leaders for now, but is already greater than other notable industry names such as Cronos Group and The Green Organic Dutchman.
(2) Revenues for fiscal 2018 were $8.85M, which is one of the best first four quarters of revenue among all licensed producers including market leaders like Canopy Growth and Tilray Inc., who recorded revenues of $1.9M and $6.9M, respectively, in their first four quarters of sale.
(3) Supreme Cannabis trades at a significant discount to others when comping revenue
Current Total Square Ft: 304,920
Future Total Square Ft: 304,920
Location: Kincardine, Ontario, Canada
Website: www.supreme.ca/
Number of Employees: Unknown
Market Cap: 435.729M
Ave Volume: 507,741
Comment:
Comment:
Huge gap down on open. Watch .$95, after that lot of room on the way to $.76
Comment:
Price levels to watch for the week.
- exit levels after our .99 entry.
- exit levels after our .99 entry.