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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) > Blissco Cannabis Corp
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Post by Pedal2themetal7 on Jul 09, 2019 11:18pm

Blissco Cannabis Corp

Agree 100% southy, they need to execute now. They enjoy being mentioned with the top tier companies, it is now time to show the shareholders, they have what it takes to join those ranks. 

Shareholders want to see growth, when investing, if this stock doesn’t  start gaining momentum, no use being on this board, because the same things will regurgitated. Completed facility with only 2 rooms left to receive approval, already part of the oil market, Lesotho should become operational soon, and also EU exposure. They have been working at this for close to 5 years, if they don’t show substantial gains this Q, it will be labelled as a laggard, and will not attract investors. IMO
Comment by Tomharley on Jul 10, 2019 6:51am
It's been labelled as a laggard long ago. RUN, from.this one.
Comment by M4DM4X on Jul 10, 2019 11:38am
Next Q is in August, correct? By then FIRE will have been walked back down to the low $1.XX range, and a good Q in August could potentially send it back up in the low $2.XX range - Which would allow all the underwater longs to escape. And the cycle will continue.  The current management at FIRE have outlived their use, and they need to bring adults in to properly run this Co. Until ...more  
Comment by maritimedreamer on Jul 10, 2019 12:34pm
it appears to me you need to do some more reading on Supreme as well as Blissco. Couple things i will mention...... 1) Supreme hascompleted a contract with medipharm labs to get their oils to market today.... there is quite a bt of data coming from the US side (Cali, Nevada, colorado) that is proving the oils and extracts market is large and growing. See Supreme investor presentation.  2 ...more  
Comment by OptGreen on Jul 10, 2019 2:17pm
Agreed md, this is a solid acquisition and jump starts the oils/ plus production and sales now and going forward. The FIREoils appear to be a big hit right out of the gate and with BlissCo assets on board the Company will realize instant support and production capabilities with current facilities and expansion required. The CA market is immediate sales/revenue with CBD product sales taking off ...more  
Comment by Fastlane2 on Jul 10, 2019 6:13pm
The best expressive quote for July goes to....M4DM4X.... The current management at FIRE have outlived their use, and they need to bring adults in to properly run this Co. Until then, this is a stock you buy in the low $1's and sell in the low $2's, until they go under or get bought out for a pittance. Let's add that Supreme is at a price point of $1.42 last seen 05/29/2017 truly ...more  
Comment by AnnoyedInvestor on Jul 10, 2019 8:09pm
Haven't posted here in a while but still like to drop in for some drama from time to time. Sold back in November and this stock is still as sluggish as ever. Spot on with the management being newbies. They may be experienced with cannabis but don't have the experience they need to push this company to the next level for investors. They can't develop enough interest in the company ...more  
Comment by Southybird on Jul 11, 2019 12:27am
Who should they hire to take over 'AI' Peter Aceto? Things are looking great for TRST with him at the helm right?   At this stage in the business buildout if you actually analyze their trajectory with extract legislation on the horizon in Canada this is exactly the right time to acquire BLIS. With KKE oils starting to hit the provincial shelves at 75 dollars a bottle and more premium ...more  
Comment by M4DM4X on Jul 11, 2019 11:13am
You KNOW who they should hire, you mention it in your final paragraph - Someone from big pharma, they’ll have the contacts, experience, and get the deals they need.   Out of curiosity, how many of you defending the Blissco deal actually work in finance or accounting at the managerial level?  Blissco, no matter what mental gymnastics you do, was an extremely bad purchase at this ...more  
Comment by OptGreen on Jul 11, 2019 3:34pm
BlissCo was not acquired for it's balance sheet M4D, it was acquired for it's assets/ team to add to current production requirements and provide for required expansion going forward. The acquisition provides immediate oils production capacity, pertinent expertiise now and in the future with Kettlewell/ team, as opposed to building a facility and trying to find/ train qualified staff. This ...more  
Comment by Fastlane2 on Jul 11, 2019 9:23am
Finally! past and present investors being honest about Supreme and seeing this company for it is " a laggard" in the industry. Worst direction and communication style management that I've ever seen. A few here need to wake up and have their money invested elsewhere and get it working for them, "Hope" is not an investment style.
Comment by maritimedreamer on Jul 11, 2019 10:13am
OK fastlane,,,,, i'll bite...... if this is a laggard stock.... what other cannabis play do you see having more potential then Supreme? I'm interested to know, esp as you have followed supreme for so long..... 
Comment by Fastlane2 on Jul 11, 2019 3:39pm
Number one MD diversification is key and owning/investing in an LP's takes time and due diligence therefore owning a basket of cannabis stocks initially was good Canopy, Aurora, Hexo you get my drift you need to know when the business plan changes and when leadership does not have the best interests of it's shareholders hence why I dropped Supreme. Hexo was the last Canadian LP I owned, I& ...more  
Comment by OptGreen on Jul 11, 2019 6:30pm
Sounds more like CNN Fast, with 80%+ the inverted truth on the Supreme portion....but agreed, we will see a big change starting in the fall. The US is definately the mecca for investment, at least for the near term as they are one vote away from collapse, but in any case very hard to pick winners in a space like the cannabis sector...and why gamble when we have maybe the top of the heap now right ...more  
Comment by brentkosta on Jul 11, 2019 11:02am
This post has been removed in accordance with Community Policy
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