Supreme Cannabis Company Inc. (The) T.FIRE

NEWS

[lauderdale2800f]

70,000 sq ft

[weedinvestor]

https://www.supreme.ca/news/press-release-details/2018/Supreme-Cannabis-to-Double-Annual-Production/default.aspx

[jpm59]

rough #'s,,,example, FIRE & Namaste, sales/cost per kg= $6000 per kilo. Gross rev. at 10,000 kg = $60m.  FIRE's cost of production $1,000 per kilo ($1 a gram, I  believe),=  profit $5,000 per kg.  Expected production at current development,  10,000 kg x $5k= $50m annually. And they expect the complete 342k sq.ft. of development/construction to be completed by

[NukeLaLoosh1]

And yet the SP can't even break $1.60. Something doesn't and hasn't computed for a long time here. Someone asked whether you would want WEED at $38 and bleeding vs. FIRE at $1.60....I'll take WEED if I got in at $2.00 or like others at $10, $15, $20, $25. FIRE has unfortunately been dead money. Even now, with all of the deals and grown room expansion...we're even. Insane.

[jpm59]

very low volume. no one selling & i know, not much buying. Wait till end of summer, just like last year.All the pot stocks were down. The manipulation will end this fall when the brokers get back from summer and the rally begins again with all the pot stocks. Retailers are holding.Institutions yet to buy..this season.

[OptGreen]

Agreed jpm, the dog days of summer for sure and with Oct 17th being the established start date they are in no rush for another month or two...there won't be any market changing revenues much before then and Supreme should be ramped up and a, if not the sales leader, pre Oct 17th. The SP manipulation will continue until increasing revenues are realized....there may be a fairly material number

[Tomharley]

Dream on. This company will be acquired as fast as hiku. Hiku shareholders are celebrating now.

[NukeLaLoosh1]

Unfortunately if we're waiting for revenue realization, then we're not in good shape. Are any of the other biggies trading at levels consistent with their rev's? There is no rational reason why we are sub $2.00, let alone $4-5 at this point....which simply means our leadership focus is not where it ought to be. We had better not end up like HIKU and get sold for a song and a hill of

[OptGreen]

Mostly hype Nuke, and that gap is going narrow substantially in the near term...based on fundamentals, FIRE SP is the most reasonable and the rest are high. Valuations, for the most part, are based on a huge, varifiable, untapped, global, legalized cannabis market that is going to start on Oct 17th....and everyone knows there is nowhere near the supply to meet the demand on Oct 17th and will not

[Fastlane2]

NukeLaLoosh are you dealing with reality or just a little slow, you can't pick your stock price, you either pick bleeding Canopy now at $38 or FIRE at $1.60 and growing. " I'll take WEED if I got in at $2.00 or like others at $10, $15, $20, $25." ** LMFAO. The question is IF.

[NukeLaLoosh1]

Ive come to learn that reality is in the eye of the beholder and no one ever accused me of being a lightening bolt....although I may surprise you. so while you can’t pick your price, you claim that weed is bleeding vs fire and growing.  Reality and fact is, weed may have posted losses but they just acquired a fire competitor and are growing their business hand over fist.  They’re beyond

[TomharIey]

I disagree. The greatest returns ever seen are yet to come here. Those who are patient will be greatly rewarded with FIRE performance this fall. 

[OptGreen]

They are different business platforms Nuke, FIRE unlike WEED is a B2B and isn't, and hasn't been, competing for market share in the med market to date. FIRE has been cashed up for the completion of the facility expansion for a couple of years...today much of the overall construction has been completed which will allow them to bring the remaining ~250,000ft2 online and under crop over the

[Fastlane2]

The LP's are all starting to trade on fundamentals and they WILL balance out in just time. I don't believe FIRE at $1.60 is justified and I anticipate a larger market share going into 2019. On that note as a trader or an investor there is a greater opportunity to double your money with FIRE. Supreme has 3 provinces locked down and Ontario is on the radar. Invest with LP's that have

[SILVERSTOCKS3]

This post has been removed in accordance with Community Policy

[SILVERSUCKS]

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[bambambigelo]

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[theTransporter]

Agreed!

[BirchBrook]

Great news !  Now Fire has got things moving,  this should give the SP a boost !  Lower cost productiion and build out to be completed by year end = big profit. Much safer investment here than WEED or ACB, they are fighting for top spot and they are digging themselves into a massive hole !