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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 aurorahighon May 03, 2021 1:12pm
152 Views
Post# 33114900

RE:Thank you but ???

RE:Thank you but ??????
Yes they could of kept building on the success of their products and top 10 spot on ocs sales however that will and has been at the cost of dilution to maintain presence and try to expand.
Is $3-5$ achievable organically on their current sales?  I don’t think so considering those prices were during the candian legalization hype.  

They would need to grow via m&a to keep and gain more market share.  I agree with Beena that’s our current balance sheet would need serious improvements, probably too much at this stage in the Canadian landscape.

If you didn’t average down when fire was around .10 that’s not the companies fault nor does it owe you anything.
Too many emotional people here.  If,you don’t like the deal then sell.  
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