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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > John Folwer - TIME FOR AN UPDATE!!!
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Post by theTransporter on Jun 20, 2018 9:04am

John Folwer - TIME FOR AN UPDATE!!!

As CGC breaks All Time High in pre-market this morning, this stock price struggles to move while it's less than 50% of its All Time High.

Although John builds a great company, he sure is a FAILURE with respect to managing shareholder value and promoting the value in this company.

If he wants to correct that, TODAY would be PERFECT timing to release a mother of all updates.  Something along the line that another 100,000sq.ft will be online and producing by July.

This company is greatly undervalued due to lack of buyers which is a failure on the company's ability to promote their value.
Comment by maritimedreamer on Jun 20, 2018 9:39am
agree an announcement is needed, very much so! Disagree with John being a FAILURE with respect to shareholder value...... Supreme was never focused on Med but rec sales! They have built out a partner base..... are fully funded with cash in the bank.... they have not diluted any more shares..... they have top quality bud at scale! A facility that is top level, and a team that truly loves Supreme... ...more  
Comment by NukeLaLoosh1 on Jun 20, 2018 10:16am
Fowler is not a failure in that he is a strong sector advocate and has been for some time. He is recognized as a thought leader, which is a good thing. That said, he does not know how to run a business nor increase shareholder value. His company is essentially the only one that isn't trading at hype levels and the communication is abysmal. What this business needs is someone to drive up ...more  
Comment by maritimedreamer on Jun 20, 2018 10:28am
you make some valid points... and i won't say that Supreme will always be on top without sharing the crown..... i guess what i'm trying to say is that supreme has taken the last year or two to fine tune their grow strategy, genetics stability, and phenotyping. They own the rights to all Dinafem genetics in North America...... the trick is.... many companies have yet mastered a high volume ...more  
Comment by theTransporter on Jun 20, 2018 10:42am
No is saying Supreme isn't produce stellar performance as a company, nor is anyone criticizing John's ability to run a solid operation, merely his inability to drive shareholder value. As a shareholder, what matters to me is making money.  If the company can't translate their value to their stock price, they have failed me. And sitting here at a price we had from early last year ...more  
Comment by Tomharley on Jun 20, 2018 10:59am
Wow. The biggest pumper coming down to reality. Your 1000s of dollars on pennies moved not making you money? Bahahaha. Poor baby.
Comment by maritimedreamer on Jun 20, 2018 11:45am
that i cannot disagree with.... i did not expect the SP to be at same level as it was this time last year...... as well as the shareholder value....... i guess it all depends on your time frame that you are willing to invest in.... this is not a flip for me but a longer term holding..... i guess we shall see if that would be a good play for me or not.....  Again i appreciate your critique ...more  
Comment by JRSDIRECT on Jun 20, 2018 12:03pm
Supreme is different than most of the other LPs given the B2B model. They can build their operation and management team but unfortunately it's difficult to build SP value because they really can't create a projection as other LPs who manufacture and distribute to the end-user. Supreme is dependant on the supply agreements of other LPs to either suppliment a strain/quality that they do not ...more  
Comment by OptGreen on Jun 20, 2018 2:46pm
Projections/ estimates are of little value to us at this time JRS, as the industry and market is all new and there is little historical data/ info to base any dependable estimates on....the same applies to SP, as there will be no material change until revenues are realized. Until the date of legalization is confirmed there little to no change in SP levels or manipulation....if legal rec is not ...more  
Comment by basslift on Jun 21, 2018 1:17am
Ya I agree to all of that... I also think his paycheque is bloated at this stage...
Comment by NukeLaLoosh1 on Jun 21, 2018 8:24am
We need something positive beyond silence and direction from IR that things are on track...whatever that means. I'd also love to see an uplist to the main board. Supreme wants to be considered in the big leagues, get on the big board. We have the revenues and rev projections for that now. I'd take that NR over a facility update any day.
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