Supreme Cannabis Company Inc. (The) T.FIRE

Prices must come down...

[newdaydawning]

or there will be heavy inventory write-offs - bad news for every LP!

There is currently more than 260,000 kilos of finished and unfinished inventory of dried flower. That's more than two years of inventory at the current consumption rate of 10K kilos per month.

To its credit, 7acres produces great bud. I believe it could capture greater market share by lowering the price by at least $2 gram.


https://www.bnnbloomberg.ca/dried-cannabis-sales-gain-7-in-may-oil-sales-climb-19-1.1293223

[Bever73]

Yes this is the real reason why sector is in heavy decline. Dont worry supreme is b2b, sure lots of co's flush with pot will be lining up to buy theirs lol. (Latest supply deal announcement?- very quiet) quote=newdaydawning]or there will be heavy inventory write-offs - bad news for every LP! There is currently more than 260,000 kilos of finished and unfinished inventory of dried flower. That&

[Salvatore]

FIre has been around 1.40 1.60 on average for the last two three years.

[Fastlane2]

People invest in companies for many different reasons so I'm asking the Supreme forum if they can honestly explain why the company is unloved by the masses as the stock sits at $1.36? I know cannabis stocks are currently out of favour so don't say that as FIRE has been stuck at this price for three years. Since unwinding my position some time ago and possibly looking for an entry point I

[OptGreen]

This is not complicated Fast, the sector, the marketplace and all of the companies in it are in their infancy and FIRE is probably the only one that is close to fairly valued....today it is a $40mil a year company which won't even keep the lights on and the staff paid let alone pay down debt or show any profit. While WEED, ACB, et al are on the opposite end with unjustified SPs today and as