Supreme Cannabis Company Inc. (The) T.FIRE

Is this worth 0.51c?

[Aurum1983]

I'm a newbie on marijuana companies. I know the big names. Can someone post (or point me to a post) of fundamentals on Supreme? I focus mainly on gold, silver and copper miners and exited a huge position so have a ton of cash that needs to be redeploy...

[StayInvested]

Assuming they hit their guidance (or at least the rough guidance you could gleen from their caveats in the financings) of 10-15mil EBITDA, and giving them a 25x multiple, they would be valued at anywhere between 250-375mil ($.5-.75/S). Which is kind of where they are trading now. If that multiple turns out to be accurate for the sector, this could be worth 500-600mil in a years time if they

[Aurum1983]

should we be concerned that the comapny recently did a placement for $19c/share?

[JiffBeasauce]

that's the price they were trading at the time of the placement. They were likely forced to do so by financers, due to contract obligations. If you look at the numbers the value is there for fore than 51c imo. Thats not including future growth wich I am very optimistic about. 

[vulcan123456789]

we were sitting at .17 at the time. all b4 we started running.. the question is what is the 23 mil for.. we should find out after q2 released

[Aurum1983]

I am in. The chart also looks good. It has really turned around as the 50MA is going to surpass the 200MA tomorrow. Talk about timing. Let's hope for positive results this evening. $0.67c to $1.00 is a very thin zone so if it gaps above $0.67c tomorrow it will fly to $1.00.

[vulcan123456789]

click on news on this board.. read the news releases quarterly reports. that should give you the picture