Stockjayz wrote: A Number of Financial Analysts Covering Supreme Cannabis and other Cannabis Sector Related Stocks Have Become Extremely Enamoured with Supreme Cannabis's Position in the Marketplace, & Think CEO Beena Goldenberg is Doing Amazing Work by Turning Profits Faster & Stronger Then Anticipated!
https://finance.yahoo.com/news/growth-investors-industry-analysts-just-042434621.html
Beena CRUSHED Earnings Last Quarter Way Beyond Expectations and Some Strong Company Highlights Including;
• Supreme Cannabis Manufactures, Sells Wholesale Whitelabeled (ie to Tilroy);
• Supreme Cannabis is a Supplier to Shoppers Drug Mart's Medical License;
• Supreme Ships Internationally to Israel, Australia and will be Extremely Well Positioned for the US Markets to Grow Globally!
Listen to James Hodgins on BNN Saying How Supreme is a Unique Company with Various Revenue Streams (ie Recreational, Medicinal, Research), and Finally Beena also took the initiative to shore up Supreme Cannabis Balance Sheet with $40M in Cash-on-Hand, for Growth, R&D, Staffing, and Perhaps a Small Acquisition to Fill a Gap?
Regardless Supreme Cannabis is a Strong Buy in my opinion. Trading well below value, due to earlier company stumbles (prior to Deena), plus it was a new space, so was inevitable, ie a delay in receiving all it's necessary licenses from the Government.
That made investors question the company strategy and WHO & WHAT Supreme Cannabis stands in the marketplace.
I think James outlined very well, Supreme Cannabis is now in a unique position with all its licenses nationally and internationally, whitelabeling, supplying Shoppers and various other markets internationally (which will be a HUGE advantage if Democrats decriminalize Cannabis in the US, they are the ONLY Cannabis Company READY-TO-ROLL (pun intended :-)
FIRE.ca: TSE (The Supreme Cannabis Company on the TSX) is a Strong Buy and Has the Potential to Become One of the Largest & Leading Canadian Cannabis Producers, Manufacturers, and Sellers, and as James said, they SELL EVERYTHING they can produce now, so that's a GREAT "problem" to have, so maybe the $40M was to ramp up production and generate a $400 Million in Revenue by Manufacturing More and Selling More & More!
Maybe that's why BMO took the stock restricted at $.31 and warrants for $.40 - for 36 months, knowing by the then the stock could be in $20's or $30's!
#WeLoveBeena #MakeUsProudBeena #SupremeCannabis #StrongBuy