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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 Fastlane2on May 26, 2019 8:07am
104 Views
Post# 29773734

RE:RE:RE:RE:RE:RE:RE:RE:RE:looks like we are in a stalemate.....

RE:RE:RE:RE:RE:RE:RE:RE:RE:looks like we are in a stalemate.....Geez Trans I thought you were smarter than that with your investment. 30% or roughly one third of your portfolio is in FIRE? That's not a diversified portfolio and you should have lightened up on your FIRE shares along time ago and should be holding 10% at best. brentk tables some interesting facts that will hold Supreme back and like many have stated before from previous posts, those warrants will be exercised, don't kid yourself. The performance of Supreme has frustrated many hence the warrants will be exercised and many will dump out of anger and frustration from this poor performer. I assume based on the amount of new shares hitting the market Supreme would be lucky to hold $1.50 and I suspect a test to $1.30 could be in the cards. In November you will see the factual number of shares outstanding and I would guess it will be around 340 million and I'm being conservative.
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