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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 by User

Comment by maritimedreameron Oct 16, 2018 9:01am
71 Views
Post# 28808451

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*Serious Discussion* Why FIRE wont go up any time soon.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:*Serious Discussion* Why FIRE wont go up any time soon.

REALIST, firstly i want to thank you for sparking up a valid conversation with the rest of the board members. It was great to see a constructive conversation and looking at both sides of the coin.... 

with your point regards to the trading history of supreme nd it repeating itself is questionable.... i only say this because supreme only reciveed their sales lisence 12 months ago or so. So the market had alot of questions with regards to their profitablitiy / revenues.... not having sales untl later in that year did not help. Now we are about to reach legalization....a whole new ball game... where Supreme's strategy will start to shine. As our revenues kick in, i think it qould be quite difficutl for the SP to remain controlled. You mention that fundamentals dont' matter..... prior to legalization i would agree because everythin was based on projections and assumptions come rec. But now that rec is here..... companies will all be recognized for both their fundamentals as well as their hype machine. So i would agree with you that things were cyclical in the past.... but i do not believe this would be the same going forward. 

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