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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 johnaleon Dec 15, 2020 9:03pm
112 Views
Post# 32115563

RE:RE:RE:RE:Back in the index

RE:RE:RE:RE:Back in the indexi checked website - hmmj - the last update for prior day holdings was december 11, and we were not on there. so that 900k MOC buy friday was another fund, and not HMMJ. 

so HMMJ has yet to buy - bodes well for some future positive price action. 

although they have a bunch of smaller positions under 0.5%. So I doubt well get a 2% position. 
but with consolidation coming (tilray/aphria) I wonder how the fund will adjust - as they will be overweight the top 4/5.  

still seems like we are being accumulated/certain funds taking positions. except MM who seem to have lightened thier position a bit. maybe strategically to help another get a position. (hopefully?)

Im still at a loss as to how our market cap is less than TGOD's - its larceny.

given the consolodation -
canopy shutting down greenhouses - highly unlikely they buy another one.  
aurora should be left alone.
 
leaves Cronos - with all that cash.... I could see them merge with Village to counter the aphria move.  
or aquire a FIRE, even at .50 would be a fraction of their market share. 

I think this tilray merger will set off a chain of events - this is the first shoe to drop. Next 6-12 months will be very interesting with USA legalization, and other M and A. 

Im hoping we see many multiples of the current share price in that time. 3/4/5/6X. well see. 

 




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