Wall Street’s No. 1 pot analyst is projecting the pot market to one day be worth $500 billion

Meet The The Supreme Company (TSX:FIRE) (OTC:SPRWF), The Disruptive Company Major Pot Giants Are Watching Like A Hawk

With Canadian pot legalization finally at hand, we’re now presented with an incredible opportunity for an early-bird advantage in this the first non-prohibition year. Already, the pot sector has spawned several multi-billion-dollar giants, including Aurora, Aphria, Canopy Growth and Tilray.

With the revolution underway, the unique opportunity is in finding companies with an established first-mover advantage, who established distribution coverage across Canada ahead of legalization—where others now may be playing catch up.

When using this criteria, a leading candidate is The Supreme Company (TSX:FIRE) (OTC:SPRWF), also known as ‘Supreme’, has steadily built out its distribution across Canada with provincial stores and major licensed producers, all while building a very strong reputation for high-quality, premiere pot product.

Now the majors are taking notice. Supreme’s status has skyrocketed, culminating in major deals with giants such as Aurora and Tilray, who’ve invested millions for the right to resell Supreme alongside their own.

Supreme (TSX:FIRE) (OTC:SPRWF) is off to a very hot start. After announcing its 2018 financial results, which totaled $8.85 million, Supreme’s debut ranked among the best first-four quarters of revenue for LPs of all time. This feat included surpassing the market’s top-two leaders Tilray Inc. ($6.9 million) and Canopy Growth ($1.9 million), in their first four quarters of sale.

The company has continued to grow exponentially since its start in mid-2017, setting new records along the way. The company’s Q2 2019 revenues were $7.72 million, up 359% from Q2 2018, and up 50% from the previous quarter’s $5.14 million. Using their Q2 numbers, Supreme’s annualized revenue run rate of $30.88 million would already surpass other notable industry names such as Cronos Group (mkt cap: USD$3.811 billion) and MariMed Inc (mkt cap: USD$813.15 million).

Supreme Cannabis Announces Q2 2019 Financial Results

Producing High-Quality Strains for a Higher Demand

Supreme (TSX:FIRE) (OTC:SPRWF) has built its platform on producing higher-quality strains, rather than mass producing average ones. The strategy is meant to work as a hedge against any potential oversupply gluts such—as has been witnessed in Oregon. The concept uses a quality advantage that carries over into all types of markets (both high supply or low supply), as high-quality pot is always in demand.

According to Deloitte’s 2018 Pot Report, Canadian consumers are willing to pay a premium for pot grown and processed after legalization in all parts of Canada—up to a 10% price increase.

Among pot buyers, those with a refined taste tend to skew towards high-quality products, all while making up the largest segment of the consumer base. All the more, this market looks towards influencers to make their informed decisions regarding new products.