Supreme Cannabis Company Inc. (The) T.FIRE

USA - now open to CDN LPs

[johnale]

Looks like a dem senate victory - and easy sailing for cannabis reform and decriminalization - opening the gates for Canadian LPs

the addressable market size has now increased substantially for these companies. 

warrents valuation upgrades - should see some fireworks over the next few days.

[vulcan123456789]

yes great chance to increase markets... perhaps other lps will reopen grow operations previously shut down.. should put a higher demand on Canadian supplies. yes usa will get more into it heavily. but we can get a good foothold as weve have a few yrs to gain exsperience and refine things... should def be a plus. jmho cheers

[Nearnorth1234]

definitely great news for the MJ industry, looking like it will be a great green day today, bid/ask .18 and looking like Weed will open up 15%

[Nearnorth1234]

wow Weed is on fire $40 now, and we are doing ok too!

[johnale]

Fire always later to react - lots of volume changed hands at .18, probably shorts covering position before it moves up.  fully expect this to break 20 at some point this week.  would be nice to get some positive news to help this along.  this is really positive development for the entire sector. Should be a bullish move, especially with companies doing well in q4 (oct/nov/dec)

[Nearnorth1234]

Supreme needs to work towards a US presence , wonder if a merger will be in the works this year

[Method]

  They should sell to a US SPAC that rolls in some US assets. 

[Nearnorth1234]

definnitely a big effort being made to hold this down at .18, Supreme should be trading at .25 right now based on revenues and projected posititve EBITA of 2 M for the last quarter. I wonder if there is a buyout or merger in the works, I can see some mid-tier consolodation in 2021

[Pedal2themetal7]

Look at the jump in most LPs, Supreme is part of the companies on life support, attempting its hardest to maintain the one penny gain on a bull day. Look at Organigram who posted approximately 20 million revenue but had a significant loss climbing the chart.   But numbers will take care of the shareholders!!!  This is pretty sad, the all star management team is not delivering