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.

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TSX:FIRE - Post Discussion

Supreme Cannabis Company Inc. (The) > Does Fire needs Cash?

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Post by jayc1 on Oct 28, 2019 4:12pm

Does Fire needs Cash?

Are they running low on cash? with no banks willing to invest in MJ sector market might be spooking and selling Fire, just in case they are unable to meet their financial obligations.

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Comment by MaxTMaxT on Oct 28, 2019 4:19pm

NO.....

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Comment by jayc1 on Oct 28, 2019 4:29pm

Fire is a profitable company, one of the few in mj sector yet it keeps on going down. I cant figure this out.

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Comment by OptGreen on Oct 28, 2019 7:45pm

Not quite yet jay, but we should see profit realized by FQ3-4. The sector is down and the manipulation will continue until marketplace rollout can get up to speed and a company's valuation can be quantified based on fundamentals like every other sector. We will get a better idea of what FIRE's progress is in relation to guidance based on last quarter's report due out within days, I am ...more

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