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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 theTransporteron Apr 08, 2019 10:53am
64 Views
Post# 29596505

RE:RE:RE:RE:RE:RE:RE:oh Volume.....

RE:RE:RE:RE:RE:RE:RE:oh Volume.....
Fastlane2 wrote: Hey OptGreen, no angle I wasn't looking to do anything other than agree with Transporters comment. I agree with you guys on the business plan and the health of the company yet the share price does not totally reflect where the company is or where it's going, hence the question why? So many cannabis companies have ramped up their production and provided less revenue to the public yet their share price rises dramatically that's why I concluded that it has to be internal and enough that the MM's don't want to own or even trade FIRE, good luck with this investment but don't forget to ask yourself why the investment community has valued Supreme below it's peers.


I'm still invested here as I know if I applied the exact same valuation rules being used for others in this sector, Supreme is trading at least 25% of the valuation it would be valued at.  I guess I'm a hopeful that one day it would be recognized by the market for its position in the marketplace and have that valuation refelcted in its stock price, however today, it is not being valued by the same set of rules and something is keeping this down in the gutter.  Manegement is highly to blame for this as they haven't taken any measures to stimulate the stock price and properly sell this company's value to institutional investors.  Either nothign has been done, or no one is biting for some reason.  

I've considered selling several times and franky I should have as I would have been able to throw a dart blindfolded at any other ticker and made more money than here, and sadly still be able to re-enter at the exact same fuc.king price!

I think the problem is leadership.  The current CEO does not appeal to the market.  One look at him and people laugh and move on to another company that has a seasoned CEO that knows how to speak to the market.  Someone who is assertive and confident, something severly lacking in Nav.
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