RE:RE:BeginningYe of little faith joh, but at the same time it is healthy to have a measured degree of speculation....all things concidered it is good to be cautious and aware at all times. The sector is hot globally not just in Canada and will continue to grow as legal rec moves across Europe and the few states left in the US.
To me Supreme has been the true cannabis grow op for the legal market from the jump and while struggling with blending that top shelf quality at mainstream competitive pricing it has maintained it's identity...I think Beena understands this well and with her expertise in organic production gained from Celestial, growing and marketing of a similar product line but with much higher demand and probably better volume and net margins as full production is achieved.
Everyone needs to do their DD but barred any industry/ market issues FIRE will head north hard on was is in place and what is in the pipeline as it reachs full production plus whatever Beena has up her sleeve, of which will be very interesting, the FIREstrory is finally here and ready to claim it's rightful place in the sector and handsome rewards for those that own, JMHO...Opt
johnale wrote: Ya I expect solid growth quarter to quarter from now on - although to what level I don't think anyone knows.
To be honest - most of this move I think is a sector wide rampage as you had that cannabis curing/preventing covid article come out in the New York post to kick start things - and then the 181 mil in canada wide revenue in March as the pandemic hit a fever pitch.
It said 1 thing to the market -
That during the pandemic - cannabis stocks are gonna be where you park your money.
And this pandemic is probably lasting a while.
What sector is going to give you the type of growth in revenues pot stocks will - almost none. (actually none)
While every other sector is struggling - this sector is going to flourish.
Now imagine if Supreme can improve their fundamentals and show some solid revenues on top of this sector wide rally ---- sheeeesh then well all be doing swell for sure.