Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
Supreme Cannabis (OTCQX:SPRWF) represents the group of small-cap LPs in Canada that facing considerable headwinds against a challenging legal cannabis market in Canada. The company is lucky that its debt load is manageable and assets are largely operating. However, there remain questions about whether its business model could be profitable in the long run. We continue to be Neutral on the stock as its stable financial position is neutralized by