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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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Comment by johnale on Mar 10, 2021 6:05pm
Exactly what I thought. This is honestly really good news!! At least IMO.  they liquidated 44mil shares.  they then shorted 24.5mil shares and covered with their debenture shares. Decreasing their debenture position to 21.3mil from 28.3.  they bought 5.2mil shares in the bought deal, stripped the warrents, and then sold the 5.2mil shares.  They are under the 10 ...more  
Comment by Pedal2themetal7 on Mar 10, 2021 8:43pm
Since the release of Q2 and after listening to the interview on this day, most of the questions I had have been answered. Due to their penny stock status I'm still very cautious and will have a few alerts, but Beena keeps on delivering, SKUs, gummies, finances etc. I'll definitely feel more comfortable once the company is above $1.00, but it's only a matter of time before Supreme ...more  
Comment by 541house on Mar 10, 2021 8:47pm
Beena seems like the real deal but doubt all her efforts can get it up to a dollar!! May be time to reverse split this company ,short term pain may be worth it!!
Comment by vulcan123456789 on Mar 10, 2021 9:50pm
there will not be a reverse split...its not mentioned..other than you and few shorts. if it did come up it would come to a vote... house you got to stop beating this dead horse. as far as beena getting us to a buck....it wont take that long..its definately a target in her sites.. a buck to begin with but much more in the making. just have to let her do her thing.... hiws sugr going.. maybe they ...more  
Comment by WillyPepper on Mar 10, 2021 10:03pm
First off I don't know if there will or won't be a reverse split; but you can throw the "vote" idea out the door. If the board and the higher ups want a reverse split they have the "vote" count to make it happen. Us little guys even if we all didn't want a reverse split we couldn't stop it. Also as a side note listening to that excellent podcast with Beena it ...more  
Comment by ridingrockets on Mar 10, 2021 10:26pm
As a shareholder with a good amount of my own skin on this company I will say I do not care whether there is a reverse split or not. I do not think we are going to see one personally but I am not basing my decisions on this. I just do not see the shareholder value in it and Beena seems focused on this approach. Raising money and the dillution that comes with it, I can take... But what I want to ...more  
Comment by 541house on Mar 10, 2021 10:46pm
Vulcan I think getting over the dollar barrier even if it's by a reverse split is best for fire jmo. As for sugr I sold at 8-9cents and starting buying again today on top of my free shares. I'm doing the same thing here on the dips
Comment by YesSetForLife on Mar 11, 2021 5:20am
House541 yes right you sold at the top 8-9 haha how full of it are you haha if sugr goes lower you will say that you sold again that's how you do it hahaha nobody believes you genius haha
Comment by YesSetForLife on Mar 11, 2021 5:24am
Don't ask house541 about sugr he will say that he sold at the top after the top is gone always calling it after always right always making money hahaha we don't believe you house541 go work on construction redneck hahaha
Comment by LiLy2021 on Mar 10, 2021 9:43pm
  Hello, I would like to ask for your opinion, so I can reevaluate my decision. I'm kinda of at the crossroad at the moment.  This is the first penny stock I've invested in, and it feels like finding "the one" so no regrets whatsoever.  Being a glass-half-full person, I looked at last week's carnage as an opportunity to buy more. At that time, I thought the ...more  
Comment by Pedal2themetal7 on Mar 10, 2021 10:09pm
I'm definitely no expert and never offer advice, everyone should conduct their DD.  Every investor has their own style and tolerance level, therefore at the present time I have a smaller position due to the volatility of penny stocks based on my experience. In my opinion there is still a lot of risks due to the outstanding shares, limited investors etc. I strongly believe Aphria and ...more  
Comment by ridingrockets on Mar 10, 2021 10:15pm
slow clap happening over here.... well said pedal2themetal7
Comment by LiLy2021 on Mar 10, 2021 10:53pm
This is excellent advice. Thank you.  I base my investment decision on a combination of my own DD, my gut instincts (surprisingly never been wrong, despite my being a dimwit), and also on other people's wisdom. I love listening to people telling me about their life experiences because it feels like they paid for their mistakes and I'm the one reaping the rewards. :D Gambling is ...more  
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