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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

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Post by UltimateEvil on Feb 10, 2021 3:24pm

Guys, not so quick

There's a million counter arguments and fan boy views but I have been in supreme since 2017 and have seen many positive quarters that didn't move the needle. Negative free cash flow is one concern. Some analysts say fair value is right around .38 but no one is applying deep fundamental analysis.
Comment by Aurum1983 on Feb 10, 2021 3:35pm
A lot of these dinosaur analysts' methods are outdated if not obsolete. Shopify, TSLA trading at 900+ PE, and all these other companies with promises of profit. Valuation methods have not been the same since all the stimulus and free money, you have to evolve with the times. If you trade like Warren Buffett you'll miss the whole recovery. If Supreme can turn a positive EBITDA with a ...more  
Comment by UltimateEvil on Feb 10, 2021 4:39pm
How does the US legal market affect them, I dont think they sell product in the US. Again been here before and saw little to no movement post announcement . Im all for $1.00 as I have a ton of shares sitting in my account for years that were once $2.00   
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