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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) > Here Comes the Rally!!!
View:
Post by johnale on Dec 28, 2018 12:52pm

Here Comes the Rally!!!

Its taken some time but the sector is heating up. 

I have been buying daily.... just can't help myself at these prices. 

With rumours of M and A - the whole weed sector is heating up. I said this previouly, but next week will be great. 

Solid fundamentals rule in the long run... and FIRE is making money in spades. 
lots of cash on hand. should be fantastic expansion and growth through 2019. 

My bet is that we partner with a major as well... management is really tight lipped. 
we shall see.
Comment by Truthhurts21 on Dec 28, 2018 12:54pm
This post has been removed in accordance with Community Policy
Comment by jpm59 on Dec 28, 2018 1:30pm
agree !  the whole industry will rally. It's one of only a few industries with a strong future.
Comment by Mrderalick on Dec 28, 2018 2:15pm
I’m glad I almost doubled up on cheap shares this holiday season 
Comment by Truthhurts21 on Dec 28, 2018 2:20pm
This post has been removed in accordance with Community Policy
Comment by Tomharley on Dec 28, 2018 2:38pm
You guys are so blind. This will not rally anything over or close to its peak from jan. When all these companies stopped needing shareholder buying. They all crashed. Greatest pump and dump since dot.com
Comment by OptGreen on Dec 28, 2018 2:17pm
Current quarter sales is going to start sustainable heating joh, but only for those that meet or exceed reasonable expectations with some maybe not so much....as you point out FIRE is cashed up with very managable debt based on estimated revenues for 2019. FIRE does not need any aquisitions in the near term unless there is clear gains to be realized in the near term...get the KKE growing and on ...more  
Comment by johnale on Dec 28, 2018 4:12pm
OptGreen - 100% Im right there with you.  we should see a nice rally in the near term with increased grow rooms and TSX pushing this to higher levels.  But the key will be execution and earnings.  If we hit (which my extensive due diligence says we will) - then we will continue to rise and earn our way into the the institutions as we clear 2-3$/ share.  The market meltdown ...more  
Comment by OptGreen on Dec 28, 2018 7:13pm
The stock hasn't started to trade yet joh, it has all been manipulation until now, as with the rest of the sector for the most part. Fundamentals are what determine valuations and dictate SP levels and we have yet to see the first real market figures with this quarter's sales numbers from the sector to start it all off. FIRE is geared for $50mil+ per month which should be a reality later ...more  
Comment by Truthhurts21 on Dec 28, 2018 7:29pm
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Comment by johnale on Dec 29, 2018 1:15pm
Ya for sure - to back up your numbers OptGreen -  fire gets 6-7/gram medical weed sales - and 5.5 - 7/gram selling to provinces.   I believe only 1 strain is sub-$6/gram.  So I think we can say our average selling price is probably around 6.5/gram and if you want to be conservative - $6.25/gram.   By mid year we will be at full production 50k kg - and somewhere towards end of ...more  
Comment by Bever73 on Dec 29, 2018 3:08pm
Well now you have exposed yourself as a mindless pumper. Care to elaborate on the "goderich facility" Health canada permits? Grow rooms built? Have the even broken ground yet or is it just a giant empty building?? Please enlighten us all with your knowledge but im expecting a cop out from you cuz both yourself and everyone knows your full of shite quote=johnale]Ya for sure - to back up ...more  
Comment by johnale on Dec 29, 2018 3:34pm
OHHH Bever73 I would Love to elaborate!!  ....  Care to elaborate on the "goderich facility" If you notice - the goderich facility has actually nothing to do with my evaluation and numbers. (its the cherry on top when we hear more)   you have an obvious confirmation bias - you don't want to hear of any evidence which is contrary to your narrative and supports your ...more  
Comment by Mrderalick on Dec 29, 2018 3:59pm
I enjoy all your write-ups Johnale, I come up with close to all the same numbers as you, then because I’m all hopped up on John Guy I start rambling and have to delete my 2 page post. You can ignore the basher or wait a week or 2 until they fade with the markets trend change. 2019 will be a giant year for Supreme and I will say it at 1.15/1.21/1.35/1.50/1.60 per share! Get them while there ...more  
Comment by basslift on Dec 30, 2018 10:59am
Obviously a Goderich facility is a long way off... shouldn’t even be factored in. This clmpany needs to fully maximize on the project at hand. The expansion and rebuild instead of a retrofit got in the way of revenue and having product available early on and killed momentum.
Comment by OptGreen on Dec 30, 2018 12:52pm
I see I had $50mil a month, should have been per quarter for 2nd half of '19, as the completion of the facility expansion and the HC inspection/ approval is completed over the first half of '19, which allows for full harvest potential to be realized over the 2nd half of '19....depending on HC's earliest approval of remaining grow area we will be lucky to see full production sales ...more  
Comment by stockguy655 on Dec 31, 2018 1:08am
This post has been removed in accordance with Community Policy
Comment by Tomharley on Dec 31, 2018 9:41am
Awwwww.... Rally over. Back to the shorting 2019.
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