BMO Invested $25M with Beena at $.31 & warrants for $.40... Supreme Cannabis (Fire.ca: TSE) is probably one of the BEST positioned companies in the Cannabis Market, I did a TON of research to share and why I think within 1-2 years (closer to 1), Supreme Cannabis will be trading at $8-$12 on its move upward, and if growth continues like it did last quarter, it will happen sooner than a year!
• One of the most undervalued cannabis companies, with the most potential for growth in multiple areas and have various monetization streams, which are all strong each in their own;
• For example, Supreme Cannabis manufacturers, grows, sells wholesale, retail, white labelled and internationally, VERY few companies, if ANY have all of those pathways streamlined and ready to scale like Supreme Cannabis and all the required licenses.
• The reason the stock is where it is, is not because of fundamentals, it's worth way more. However prior to Beena, the company couldn't choose a path, so while they did OK, there was no clear vision and plan which scared investors from what was a $1B+ company down to $200M. With Beena coming on, changing direction, providing clarity (Beena is a brilliant businesswoman), raised capital (at a higher than current market from BMO at $.31 with warrants at $.40, so while shareholders might have been diluted, it was for the "greater good" of a solid balance sheet with now close to $50M in cash on hand. Told you Beena is brilliant
• They currently have contracts with MAJOR companies including;
a) they supply Shoppers Drug Mart
b) they supply Tilroy
c) they supply 3rd part companies that can't produce like Supreme can and those companies white label it as "their product" (very common).
d) they ship internationally to Israel, Australia, more to come including the coveted US market which WILL provide Supreme a HUGE advantage to ship to the US having that experience and not just being a Cannabis Brand. They are everything!
e) they have an EXCLUSIVE deal with PAX to provide PAX ERA THC cartriages in Canada, again a HUGE opportunity exclusive to Supreme.
The above would make me want to own the company if it was trading at closer to $10 down!
I can't believe the stock is under a $1 - it's "mind-blowing" to be after all the research, this is going to be a MAJOR stock and perhaps in 3-5 years be closer to $50 or even $100. I am not joking or trying to promote, I believe we'll be able to see this unfolding quarterly with earnings, and if the next one or two earnings reports, show the above is unfolding, the market will start quickly start to price the stock accordingly and I think it will make BIG multiple moves up, until it hits $100 or more!
Good luck to all investors in Supreme Cannabis!
and wishing Beena & the Team MUCH Success!
Make. Us. Proud. Beena.