Supreme Cannabis Company Inc. (The) T.FIRE

looks like we are in a stalemate.....

[maritimedreamer]

noone buying, noone selling........ back and forth....... we may be range bound for a while......... strong resistance on the ask (what else is new)..... never understand where all these sellers are coming from..... but waht i can see though is there are certainly new 'houses' buying up the stocks....... US and European....... happy friday all!

[MaxTMaxT]

probably partof  fhe game.....try to cause downward pressure by selling out of one account with the hope of accumulating at a lower price in another account  ???!!!!!

[Bever73]

[OptGreen]

It is all good md, paltry volumes are due to shares being held/ accumulated no sell off concerns in any measure....FIRE is a stock to own and will be for some time as the FIREstory is still in the preface stage, which is great just be thankful you are not in the twilight stage of their story like many of us here....Now that is a material concern :), JMHO...Opt

[maritimedreamer]

as always opt your humble confidence in Supreme is appreciated...... you and i both know we have a great company here, and the market just has yet to catch up to it. Honestly, i don't think many people even understand the cannabis market, that includes the analysts/insitutional $$ etc. Why i say this? Is because this is a new 'legal' market..... they do not understand the plant, nor do

[Southybird]

Great point MD, it becomes more evident as the industry develops that both analysts and even LPs dont understand the business, and valuations /projections care coming to light as the days , months and quarters progress. Great example of this is Tilray/Brendan Kennedy the comments he made on last quarters call showed what happens when people who dont understand the product they are selling get into

[OptGreen]

I see it from 2 angles md, the small investor, us for example, focus on SP in short term highs are good and lows are bad and the Canaccords/ MMs of the world take our shares when available and sell when the SP is high on the companies with blue chip potential...As long as they are holding/ adding to their position that blue chip potential remains. Canaccord et al have taken multi million dollar

[OptGreen]

Just to add, there is nothing the Canaccords need to learn about investing and making investments and they have people that provide the technical side of any new sector/ company....They well understand the value and potential of FIRE and the sector, their position was not there 4yrs ago from a lack of knowledge and while aware the sector and company entailed risk for sure, they have a very clear

[brentkosta]

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[theTransporter]

Brentkosta - Shame on you for stooping so low and joining the other mindless bashers by fabricating information and trying to pass it on as truth. Im a Canaccord client myself with a significant size portfolio and always in communication with my broker and never once was there any communication from the company or my broker indicating anything you have said. In fact, their advice is to hold my

[brentkosta]

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[theTransporter]

A) youve never met me and you dont know me B) I express my frustration but I never act on emotions in my investment which is why I refused to be part of your letter as despite my frustration, I know the fundamentals here are sound unlike many others that are overvalued. C) My deep 7 figure portfolio is doing really well under my own investment strategy and the advice of my broker. FIRE only

[brentkosta]

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[Bever73]

Why blue sky after the summer....each day that passes the entire industry builds out at an incredible rate...oregon apparently sells at $4 gr retail and has 7 years of stockpile . How does a B2B operate in that environment? Capacity and "actual production" are obviously an illusion created by the industry. quote=brentkosta]Dude, nobody cares about your "deep 7 figure portflio."

[Fastlane2]

Geez Trans I thought you were smarter than that with your investment. 30% or roughly one third of your portfolio is in FIRE? That's not a diversified portfolio and you should have lightened up on your FIRE shares along time ago and should be holding 10% at best. brentk tables some interesting facts that will hold Supreme back and like many have stated before from previous posts, those warrants

[brentkosta]

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[OptGreen]

This disaster in search of the justification is bullshite bk, there is no problem the 320- 350mil SO count, post warrant disposition, when the sales/ revenues are meeting estimates and if it is a RS will adjust all of the numbers for those that need to feel all warm and fuzzy. There is no difference between 330mil @ $2/share and 110mil @ $6/share in real terms it is only perception....When you

[Tomharley]

I love how all you pumpers are getting frustrated and turning to realists. Finally. You can call this poor run junk what it is. 3 years and the slow approach is def slow. If they fired John and Nav this stock would be different.

[QcTrader]

FIRE investors were singing the same song a few years ago when we were stuck under .50c forever. "fire John!!!!" Few months after the frenzy stock started it upside run.... everyone was cheering after john shortly after... i believe the same will happen fairly soon as this is a fundamental investment to begin with and we are at the fundamental golden cross of the FIRE evolution. GL folks

[Tomharley]

That was 3 years ago.

[brentkosta]

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[OptGreen]

Not upset bk just as thrilled about the sales volumes to date as anyone, but it seems to me that this slow walking on sales and lower SP levels as they set up an efficient retail supply network and are prepared to meet production estimates quarter over quarter going forward. It would be detrimental in meeting expectations this quarter and coming in materially lower next quarter, like what we are

[johnale]

You're really grasping at straws if you think that the exercise of warrants will somehow be the death knell of the stock?? You're looking at 50%+ revenue growth quarter over quarter moving forward, and they are sitting on 76mil in cash with their construction completed. profitability possible in the next few quarters. a valuation currently on the low end of all their peers. fundamentally a

[OptGreen]

Agreed bk Canaccord is the 'broker', 'principal' representing a group of underwriters for the most part, thus Canaccord et al, of which there would be no such deal without a Canaccord, or the like....The legal MJ market in the US is just about to take off with close to half the States having some form of legalization now and more will be on board and of which will dwarf the