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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 puppymonkeybabyon Sep 23, 2020 9:27am
98 Views
Post# 31603120

RE:RE:RE:Questions to ask

RE:RE:RE:Questions to askI have to ask myself. What is a company worth that does about $30-$40m in sales a year, has a negative gross margin and a pile of debt, next to no cash, zero intellectual property. Not to mention an ugly share structure in an over regulated industry where the government is the middleman. This company isnt worth half of the current market cap. There is no reason to invest in LP's. Its a fools bet. 

Method wrote:

While I'm sure most people factor it in, cost base shouldn't be a factor in your decisions.

What's the business worth and what's it trading are more important.

 

StayInvested wrote: That depends on your cost base Shooter. If anything, to mitigate risk, you could always sell (if profiting) a portion of your holdings to help cover an sell-off that occurs post earnings. That is if you are trading this and not an investor.

 

 



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