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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) > Most Recent News Release
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Post by AnnoyedInvestor on Nov 16, 2018 3:04pm

Most Recent News Release

Haven't been on the boards in a few days since so I'm sorry if it has already been brought up. The main thing I noticed from that is the "TM" next to the words "high end cannabis". After searching further through the government website it seems that Supreme has the trademark to the words "high end cannabis". I also highly disagree with the purchase of Bayfield strategies. What has Bayfield done since being hired? How is 2m in stock justified? Their answer according to NR is because they "like working with them". It seems the trend of making their friends rich while shareholders suffer. It's as if on purpose they release financials during the worst times to remain unnoticed, lol. I personally would've done a halt on the oil news as well. Lucky for me my opinion doesn't matter. Still feel they'll do well in the long run but the way they treat early shareholders isn't right. Another issue that comes to mind is the new "swag" they started selling through the 7Acres website. Is it not illegal to do any sort of advertising of the brand/product? My position is no longer significant enough for me to go through the trouble of emailing IR but if anyone does have an answer feel free to PM me, strictly just curious. Apologies for the long paragraph but phone automatically groups everything together for whatever resson.
Comment by OptGreen on Nov 16, 2018 3:37pm
Bad choice Anno, as you will be paying a significant premium from here to get back in and like the lucky and the wise, you will want back in....not that it is of concern, as you have moved out of FIRE, but this company is pretty close to on target with their business plan from ~4yrs ago. The next confirmation of the successful execution of the business plan will be the current quarter sales, the ...more  
Comment by theTransporter on Nov 16, 2018 3:55pm
Opt - Don't know why you're so gungho over Bayfield.  They have done sh1t all for Supreme while they were contracted about a year ago to do exactly just that, marketing and PR.  Tell me something Bayfield did that was of value to shareholders because I don't see anything but them being a waste of money and I'm extremely disappointed they were purchased out. Stock price ...more  
Comment by Gilbert90 on Nov 16, 2018 4:10pm
Transporter: I'm positive about buying Bayfield.  First, the price paid is minimal, and second, I am not in a position to put my finger on it, but I believe that from the present perspective of the next 6-9 months, the purchase of a firm specialized in public relations and support in areas such as M&A, stock market listings (TXS), the arrival of cannabis shop in Ontario, is for me ...more  
Comment by OptGreen on Nov 16, 2018 5:11pm
More on the lighter side of gungho Trans but they brought on for the IR roll at the time, to field the questions and complaints from us and potential investors which I believe they have done as well as any and better than many...but there are skill sets and experience, other than answering phones and providing the genaric info while being able to say they are not privy to the material info, within ...more  
Comment by AnnoyedInvestor on Nov 16, 2018 4:51pm
Not true at all. I held 200k shares of FIRE at a 25c average due mostly to warrants. I was expecting a lot more movement in terms of share price when I initially started investing. They won't move much now in my opinion only due to the fact that others seem to be coming down to more true valuations and the hype of run ups is done. A lot more companies than there used to be and the FOMO is a ...more  
Comment by Bever73 on Nov 16, 2018 5:16pm
Good for you; there is a majority of rah rah pumping IR types on here who think this company is gods gift to herb...fowler walks on water except he was fired. At least now seems to be some awakening quote=AnnoyedInvestor]Not true at all. I held 200k shares of FIRE at a 25c average due mostly to warrants. I was expecting a lot more movement in terms of share price when I initially started investing ...more  
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