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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 johnaleon May 19, 2020 10:28am
151 Views
Post# 31045701

RE:RE:RE:.28 now

RE:RE:RE:.28 nowThe action is interesting - looks like shorts covering - 12 mil shares was always a lot to cover. 

I wonder if some of the action is some insiders buying? the street and investors (me included) have been hollering at insiders to buy at these levels. Blackout period has been on for a while. maybe they are helping with the bump. 

Supreme thinks that they have a huge opportunity given the low retail penetration previously. If they can get thier products in more stores they think they will get some traction. Obviously all us longs think the same. 
Opening retail back up - with the budtender education and increased retail presence should bode well for fire. 

I thought covid was a boon for them - but obviously it didn't help them as much as I thought. 
online orders were heavily in the favour of cheap end of the market. 

well see how they do as retail opens up again. 
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