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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) > What is Fire's true potential
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Post by UltimateEvil on Oct 10, 2018 7:38am

What is Fire's true potential

I have been a share holder for a couple years and never see Fire actually on fire. I have not lost hope but Im wondering based on numbers what is this stocks true potential. With the big day under a week away it seems like there is no fire at all.
Comment by maritimedreamer on Oct 10, 2018 8:38am
i would caution anyone to think that Oct 17th will be any sort of 'big pop'....alot of the 'legal hype' has probably already been caked in. That being said.... remember Supreme has only really been selling their product over the last 8 months.... we only just got a taste of their revenue results from the last quarterly... and many are expecting a much better result for end of nov ...more  
Comment by UltimateEvil on Oct 10, 2018 8:58am
I was leaning towards the 2nd quart results, figure by then they will really have had an opportunity to execute their model  
Comment by MaddogNick on Oct 10, 2018 11:04am
In the beginning, before the silly gimic name change their was a little Fat man running this company.  He was the king of his planet called Slow and easy.     This silly fat man kept spewing the slow and easy moto . For years the stock was very steady no go.   If you expect the slow and easy to compete with the top 3 , It is now to late.   The once we are the only B to B ...more  
Comment by Tomharley on Oct 10, 2018 9:08am
Wow. Your marking your time to sell!!!!! Haha. Getting frustrating and starting to realize there will be no pop? Uh oh. Mary dreamer isnt sure now.
Comment by maritimedreamer on Oct 10, 2018 9:15am
clearly you don't know how to read timmy...... i have no interest in selling any time soon.....long road ahead for Supreme..... can't say the same for other cannabis companies 
Comment by WCoyote on Oct 10, 2018 9:53am
Looking to the Q1 results for a huge increase might be setting your expectations a little 'high'.  Here’s why… Legalization does not occur until after the close of Q1.  Sure, there may be some sales WRT to stocking the sellers, but the real revenue will not begin to roll in until the game gets rolling. Supreme’s agreement with Tilray just kicked in so that revenue will ...more  
Comment by maritimedreamer on Oct 10, 2018 9:59am
good points.... i guess what i was getting too is to really see what Supreme will be able to bring to the table will be the next few quarterlys not th eones in the past...... So yes Q2 would make more sense for a 'better then expected result'..... My expectations for Q1 would be to only be better then the quarterly before..... thanks for the clarity.... 
Comment by UltimateEvil on Oct 10, 2018 10:06am
Now when people discuss things like this I actually enjoy coming here.  Thanks for the thoughts 
Comment by WCoyote on Oct 10, 2018 10:08am
Well, at least you are looking forward and at much more than just the current SP.   FIRE is undervalued and that will become apparent to real investors as the revenue potential firms up. Most on this board have no clue as to what investing is and are only here to take advantage of the hype.  That may not work out so well for them. Most also think that shorting a stock drives its ...more  
Comment by TraderPilot on Oct 10, 2018 6:29pm
I held a lot of FIRE shares over the years, recently I cut my FIRE holdings in half and reinvested it in 2 other Cannibas companies.  The gains I have made elswhere question why I continue to hold this company at all. All smoke no FIRE here. By the time this company figures itself out it will be a forgotten company that had lots of potential in Canadas legal cannibas market just like so many ...more  
Comment by bonjovi501 on Oct 10, 2018 6:33pm
I have to disagree that FIRE is a dud. Sure we have been going nowhere but a deal with Tilray put us on the map. Do not give up yet as FIRE will be bought out within a year at a good price.
Comment by TraderPilot on Oct 10, 2018 6:49pm
Still hold 20K shares, not a huge position and I hope I regret selling my other shares of FIRE.  I don't have much confidence in this companies share price as they keep finding ways to dilute the shares down every chance they can get. I believe the company will succeed for all the reason I originally invested but Daddy needs a new plane and C-FIRE ain't going to buy me that let alone ...more  
Comment by OptGreen on Oct 10, 2018 7:58pm
The only comparable with FIRE is the sector, the rest of the stocks have stark differences in many, if not most ways....FIRE will be on the shelf in all provinces with the exception of Quebec, all FIREstrains rate premium status, with few others with a strain or two that rate in the premium catagory....besides the $4mil+ of herb in the vault there will be a 70,000ft2 harvest by now with up to a ...more  
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