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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > 7ACRES PAX for sale online
View:
Post by maritimedreamer on May 03, 2020 6:58am

7ACRES PAX for sale online

Just checked online and 7acres has two vapes on the portal! 7ACRES Indica and 7ACRES Sativa. Both 450 mg THC @ $59.98. Priced really well.... other comparable 40p mg vapes are 40-79$..... this is good!
Comment by maritimedreamer on May 03, 2020 6:59am
Btw this is for NSLC....
Comment by Vulcan on May 03, 2020 7:34am
thats great... what else is left that we know about that is in the pipeline..they are meeting our targets and timelines cheers
Comment by johnale on May 03, 2020 10:38am
Awesome - Thats a boat-load of products hitting shelves in the last few weeks.  Q4 is shapping up to be a defining quarter for this company - and I believe when earnings come in 3 months - will absolutely catapult the equity and debenture (wink wink)  I have been keeping track of progess and some pack dates here is what i have, feel free to add if I missed anything:  Large re ...more  
Comment by Vulcan on May 03, 2020 1:22pm
great post.. thanks..stay safe cheers
Comment by OptGreen on May 03, 2020 2:39pm
Good morning gentlemen, the info is always much appreciated joh....the line up of new product hitting the shelf is impressive and right on as per guidance. Wtih 2/3sof the quarter left to come we should be seeing the numbers in the range estimated, not to mention the new small batch, Craft Collectives, of which adds that much more quality to the already top quality menu in the sector. There will ...more  
Comment by Vulcan on May 03, 2020 6:23pm
always appreciate your post opt.. great info ..well written.... i agree with most of your post.. we should start to see big turn around.. starting this quarter.. and next quarter with new products should show drastic sales improvement.. im glad with craft brands coming on line we are getting use of kitchener facility.. blissco and truvera becoming contributors to the bottom line.. cost down ...more  
Comment by OptGreen on May 04, 2020 2:27am
Agreed Vulc, but to the extent that they can't be blowing coin without a solid plan and based on the necessary risk/ reward analysis. They shouldn't be coloring outside the lines in anyway at this stage of the game and at the same time they should take advantage of every/ all opportunities to move forward as quick as practicable. I get the sense Beena is going to be agressive but measured ...more  
Comment by Vulcan on May 04, 2020 6:24am
its good to see the longs that support their stock and the company... it is essential that we share info.. defend against the shorts... . we will be rewarded.. ive been here prob as long as you opt.. i didnt post for couple yrs but did follow sh. when i seen the infestation of shorts i felt it was only right that i join sh to support fellow longs and defend our stock.. jmho cheers
Comment by brentkosta on May 04, 2020 9:42am
This post has been removed in accordance with Community Policy
Comment by OptGreen on May 04, 2020 1:33pm
Wasn't aware of how long Vulc, of which can be a good thing and maybe not so good when one could have sold in the $2.50 range for some time? But in any case you and md have supported the company all along as far as I know...and a good percentage of the time there has been few consistantly doing so on the board, not that everyone posts either. JMHO...Opt
Comment by Vulcan on May 04, 2020 1:57pm
yep i was buying then and all along to this day.. hindsight is a great thing.. we will get back above that .. just take time cheers
Comment by OptGreen on May 04, 2020 2:35pm
And I have been supporting you all the way Vulc, we just need to see the numbers before FIRE or any in the sector are going to see any lift in SP....there is hardly any volume traded again today so far and has been much the same for some time now. There is no panic to get out of FIRE but there will be panic to get in anywhere near these levels once they are ready to move it. Maybe Beena will have ...more  
Comment by Vulcan on May 04, 2020 2:43pm
best to you as well.. where abouts you from
Comment by Tomharley on May 05, 2020 2:57am
Guys, you are supporting a stock and giving investors false information for a few years now. You dont know how the market works or maybe you do and are paid educators. The numbers and valuations dont lie. The market doesnt lie. You dont need to defend this as a company doing good or bad. The whole industry took.the average investor for a ride and you are still here trying to sell the narrative ...more  
Comment by Vulcan on May 05, 2020 6:24am
totally rediculas tommy is one of many nervous shorts.. they will come out from under their rocks as quarterly report nears.. but i do agree do your.own research on the company you will agree supreme has q great future.. jmho cheers
Comment by Tomharley on May 05, 2020 11:01am
Tell me 1 time, when supreme shares lifted on revenues. Always retracted. It might get a small volume lift. But it wont be when you are expecting. The market doesnt drive down the same road as millions of newby investors money, waiting for Revenues. It drives down it's own road. And those investors and you wont catch it. Just like you have lost money 3 years now.
Comment by johnale on May 05, 2020 11:11am
The Past is irrelevant. I don't care what supreme did the last 40 earnings. Its about what its doing going forward - and the market will care about that. You have an entirely new management and operating structure and host of new products to market.  Brent - new SKU's matter -  you need one or two products to strike a cord with consumers and that becomes part of your core. You ...more  
Comment by TankRebel2012 on May 05, 2020 11:14am
Solid post! Well pointed out. Insiders are backing the company public shares also with pretty high bought price points. insiders skin is in the game also... Filed 2019-10-11 09:10   Tx date 2019-10-10 $FIRE The Supreme Cannabis Company, Inc. Dhaliwal, Navdeep S. 4 - Director of Issuer, 5 - Senior Officer of Issuer  ...more  
Comment by Tomharley on May 05, 2020 11:20am
The past is extremely relevant. How many new investors got burned? The market knows this. It knows no one is jumping to invest. It knows these companies make small revenues. It knows it not making money on new investors and that's why volumes are low and these companies are now valued fair and no action. Maybe 2 or 3 will run. The big money. Rest will sit idle. Look at the big picture. It' ...more  
Comment by TankRebel2012 on May 05, 2020 11:26am
Most of the cannabis plays have burnt a ton of investors...lol $fire not going anywhere and is staying for the long haul.... you acting very foolish on your view over $fire current position (share price very attractive right now) Good Luck Burn Rear View Mirror... HaHa
Comment by watchmeplz on May 05, 2020 11:31am
In my opinion, john, it really doesn't matter you have new management that's green, probably worse as the learning curve takes over again. Again, sales don't matter when expenses trump sales, scale won't fix this nor will altered product offerings as the competition keeps a your margins in check. New SKUs = new trouble. 
Comment by johnale on May 05, 2020 11:39am
management with CPG experience and consumer driven matters.  Supreme decreased their workforce by 15% - with the same operational footprint - increased production by 4x over last quarter.  and they have no more construction costs.  supremes overall costs went down in addition to their /gram cost structure decreasing.  SO no - I don't agree - expenses won't be ...more  
Comment by watchmeplz on May 05, 2020 11:49am
In my opinion, So do you think canopy backed out of more growing space because there stupid? More sales = more unaffordable expenses. Just the electricity is enough to make a company bleed, think of how long the sales cycle is, it's more than a year before they get there money back from clone planting, to cropping, to curing, to sitting in provincial warehouses, to customers hands, provincial ...more  
Comment by maritimedreamer on May 05, 2020 12:54pm
they backed out of the growing space because they had no choice.... they grew sub par cannabis that had no demand. Wholesale prices collapsed and nobody wanted their ditch weed. They were psending money on assets that would not earn them any revenues. Supreme has never had an issue with right sizing form get go... their issues were a late transition to CPG form wholesale. but no worries this is ...more  
Comment by watchmeplz on May 05, 2020 1:08pm
in my opinion, supreme bought a trimmer. You don't grow/cure high end with a trimmer, you eat yield, destroy product, so if you think canopy was confused, then how about claiming you have the best fire product and buy a trimmer!!!! Lol! Talk about ditch weed, lol. Wait a second that was done by the 2nd of 4 ceos? Right sizing? When? The share price has done nothing but go down and share count ...more  
Comment by maritimedreamer on May 05, 2020 1:21pm
clearly you do not read any of the NRs when they are out.... of you might have a case of selective reading like brent.... anyways.... they use a trimmer initially to get through the sheer volume of cannabis they grow. they then HAND FINISH AND POLISH before the cannabis is packaged. Secondly there is no waste.... i suspect any good trim is used for sugarleaf or extract needs... so would that not ...more  
Comment by watchmeplz on May 05, 2020 1:35pm
Imo, Clearly you don't understand cannabis and what trimmers do, almost as neive as execs thinking another bachelor degree will help this thing, doesn't matter if it's ran through once. Have you ever seen machine cured cannabis compared to hand trimmed/cured product? Then you say there is no waste, but then use the waste for extracts, what is it?  What? Is a interim ceo not a ...more  
Comment by BCmountainman on May 05, 2020 1:52pm
Maritime dreamer do not waste your time or writings with these individuals they have an IQ of a well you know what cannot think of anything that has an IQ that low.
Comment by brentkosta on May 05, 2020 2:23pm
This post has been removed in accordance with Community Policy
Comment by brentkosta on May 05, 2020 2:21pm
This post has been removed in accordance with Community Policy
Comment by brentkosta on May 05, 2020 11:45am
This post has been removed in accordance with Community Policy
Comment by maritimedreamer on May 05, 2020 12:56pm
you do realize that colin moore is still around and assisting the new CEO right? 
Comment by watchmeplz on May 05, 2020 1:09pm
andddd your point being?
Comment by Tomharley on May 05, 2020 1:14pm
Mari.....come on. We've been threw thick and thinning of shares. Next run up. Jump out. Please! You seem solid. What ever happened to Transponder. Hes gone. On to advertise other stocks because this one has no volume. See the big picture?
Comment by Tomharley on May 05, 2020 1:08pm
That's great info, congrats for following their business revenues. But I'm sorry my friend. I'll have this chat yet again in 6 months and you will regurgitate more. I predict consolidating 10% higher value in 6 months. No more. We will see
Comment by brentkosta on May 05, 2020 11:37am
This post has been removed in accordance with Community Policy
Comment by TankRebel2012 on May 05, 2020 9:41am
Excited for Earnings which will be Very good as we all saw the huge line up and supply demand in the last 2 months.    $.$  
Comment by MichaelCanadia9 on May 04, 2020 8:12am
Two great posts Vulcan and OPTGREEN.   I live just down the road from 7 Acres production facility. I have toured the facility twice due to my government position I'm in. My first tour was conducted by John Fowler.  I have friends who work at the site.   I have followed Supreme's progress since the beginning and I have watched their work force grow from 50 to 800 and only ...more  
Comment by Vulcan on May 04, 2020 8:57am
thank you for your comments.. we are almost neighbours im 25 min from 7 acres myself... ive watched it grow from the start.. its a nice bike ride to the site. there are many other longs here that i also respect and thank for their contribution... maritime for one ... everyone keep positive .. .. challange the shorts.. many good things to come in the next weeks months years.. jmho cheers
Comment by OptGreen on May 04, 2020 2:06pm
Good to hear from you MC and to hear about the local community with skin in the game. It is to bad that Fowler is no longer a part of the team and to see the company come to fruition....the loss of jobs is never an easy thing for those lose them but it sounds like many of the losses came with the transition to CPG, of which may saved the company and most jobs. The industry is in transition and ...more  
Comment by M4DM4X on May 05, 2020 10:48am
MichaelCanadia, Let's get some context here, you bought into FIRE at 0.25 cents, you held when it hit over $2.00 multiple times (over 800% return), didn't sell anything, and now it's back at your buy-in from YEARS ago. You are the absolute WORST person to take investment advice from, I trust a blood transfusion from Charlie Sheen more than I trust you. Reference from April 2018:
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