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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

Post by Pedal2themetal7on Mar 05, 2020 1:48pm
136 Views
Post# 30771455

Vapes

VapesVapes won't be coming until Q3, as per Q2 releaseBy the end of Q3 2020, 7ACRES will also introduce its first 2.0 cannabis product in the form of PAX pods for the PAX Era vaporizer. 7ACRES inputs will be extracted at the Blissco facility and Blissco’s experienced team will formulate premium oils for the 7ACRES PAX Era pods. Prior to fiscal year end, the Company expects to introduce additional 2.0 products under the 7ACRES brand in the form of concentrates.

I don't expect much improvement in Q3, the partnership with Humble and Fume Inc is at its infancy stage and won't show much for the Q3 financials. Q4 could be interesting if operating at full capacity. With so much deceipt, fraudulent activities and unrealistic predictions within the industry  a lot of work is required to build trust with investors.

When it establishes some type of footing, it will be a long grinding road, no overnight success.We're dealing with a penny stock with absolutely no independent traction within the market, lot's of work in order to attract money. I still believe Supreme has a place within the industry but at the moment nothing concrete to base any type of proper valuation. Very good progression reports but with their last 2 Qs falling to meet expectations it is back to "wait for the next quarter" stale story.

It's always the same story, the next quarter will be better, etc, but until they can show growth Q over Q on a consistent basis IMHO we won't see much change with the SP.

Good potential but so far has failed shareholders miserably IMHO.





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