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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 ridingrocketson Mar 04, 2021 3:41pm
222 Views
Post# 32717687

RE:housr

RE:housr
Earliest imo would be this weekend we see a bump. What is happening right now with the raised funds and readying the ATM load? I surmise this will be sooner than latter. If I am correct in my speculation 60ish days at most. However that would take us to our next Quarterly release which would be my proper statement if you will. Proper as we know the ER will happen and I am confident we will see increased retail market penetration. For example I went to a dispensary last night grabbed OGEN gas berries which was available at my principal dispansary - I do not use OCS. I try everything I can for the most part. Don't waste much money on value brands, I try to live vicariously on that one. Just look at reddit pics and well..... HiWay is A+ btw. I have had multiple PRJs now and it offers a nice consistent smoke. I am excited for HiWay. Who does not want the best they can get at the best price they can get it at? How many people can afford top shelf prices? Me I can however I prefer 7 Acres due to quality, consistency, pricing. I will buy HiWay or other value provided it is consistent quality. I do not need the strongest THC that is BS. I want quality. And a nice day time smoke! HiWay is taking over value segment in due time I believe. It is selling out where it is being stocked. $6 appx for a quality 1g pre-roll! That is solid. For those unaware that is a little more than the top prices in the wholesale market in 2018 or so. ($5 a gram if I recall correctly). So we are basically putting it in a package and getting a little less now as we pay for the package and a bit for the dispensary. Oh well. We will sell more! Sorry for the long winded answer but I want to express why I am confident our sales will show an increased volume next release. So that imo barring potential acquisition news or the SAFE bank act being passed through it's really just a sit back and wait 2-5 months and enjoy life the best you can. This company has light the match; the BONFIRE is coming! So as far as guess in value that is such a large variable. Could be as low as mid 40s if its just solid news on ER or $1.00+ with an acquisition. Hard to say really....  In the long run I would not be surprised in the least bit if we were looking at a $10+SP in 9-12 months. We are not even close to capacity. As in we will be able to continue to scale HiWay accordignly, we are starring down a true profit with lttle in the way of excess supply. As in there is nothing sitting there waiting to be written off. We can easily IMO take 20-30% of the value segment just with consistent quality which is an estimated $800 million+ market. More people would spend less if they can if they are getting equal or greater product. That could push HiWay higher. So Supreme in my opinion based on knowledge of market products could easily take 400 million+ in value brand sales annually. The dark horse in all of this is what happens when institutions properly take notice? People want in on cannabis they just don't want to throw darts. They will leave 'money on the table' if you will if it means getting more concrete numbers to work with and those numbers are coming. 
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