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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 by User

Comment by AnnoyedInvestoron Nov 16, 2018 4:51pm
93 Views
Post# 28987560

RE:RE:Most Recent News Release

RE:RE:Most Recent News ReleaseNot true at all. I held 200k shares of FIRE at a 25c average due mostly to warrants. I was expecting a lot more movement in terms of share price when I initially started investing. They won't move much now in my opinion only due to the fact that others seem to be coming down to more true valuations and the hype of run ups is done. A lot more companies than there used to be and the FOMO is a lot stronger with the others. Since I sold 80% of my holdings the price has dipped 20%. If I had any intentions of getting back in I would have. If I miss out than so be it. I will continue to hold what I have but will not be putting more funds into it. I am still a strong believer in their product but as a shareholder I feel my money is better used elsewhere. I've always blindly held on and believed it'll hit that 1bn MC. I was wrong and there is nothing wrong with that. Personally do not like no news and them handing out swag, making parties ect. With no added value. I thought they might wait for Blissco to get their licence for oils and go through them but it seems they've taken a different approach. I've put money into other companies and have absolutely zero regrets with my actions.
OptGreen wrote: Bad choice Anno, as you will be paying a significant premium from here to get back in and like the lucky and the wise, you will want back in....not that it is of concern, as you have moved out of FIRE, but this company is pretty close to on target with their business plan from ~4yrs ago. The next confirmation of the successful execution of the business plan will be the current quarter sales, the first post Oct 17th sales figures from the target market.

Bayfield will be an asset in marketing and other areas of a going concern, which they will bring a wealth of experience and your other concerns are far less than material....best thing you could do for yourself is grab as many FIRE shares soon so you don't have to kick yourself in azz for years to come, JMHO....Opt  

AnnoyedInvestor wrote: Haven't been on the boards in a few days since so I'm sorry if it has already been brought up. The main thing I noticed from that is the "TM" next to the words "high end cannabis". After searching further through the government website it seems that Supreme has the trademark to the words "high end cannabis". I also highly disagree with the purchase of Bayfield strategies. What has Bayfield done since being hired? How is 2m in stock justified? Their answer according to NR is because they "like working with them". It seems the trend of making their friends rich while shareholders suffer. It's as if on purpose they release financials during the worst times to remain unnoticed, lol. I personally would've done a halt on the oil news as well. Lucky for me my opinion doesn't matter. Still feel they'll do well in the long run but the way they treat early shareholders isn't right. Another issue that comes to mind is the new "swag" they started selling through the 7Acres website. Is it not illegal to do any sort of advertising of the brand/product? My position is no longer significant enough for me to go through the trouble of emailing IR but if anyone does have an answer feel free to PM me, strictly just curious. Apologies for the long paragraph but phone automatically groups everything together for whatever resson.




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