Supreme Cannabis Company Inc. (The) T.FIRE

A friendly reminder

[brentkostaa]

This stock moved with the pack of LPs in the recent market run. But it has now retraced over 50% in a week. It will keep falling. There is no support and a ton of short interest. 

This stock has no floor because it has no investor base. It has no institutional ownership. It is extremely diluted. It has a poor balance sheet. It is in an overregulated industry. 

There is little (if any) inside ownership. Only RSU's and DSU's are being awarded to management and it seems as if management is helping MMCAP make a pile of money from it. 

This is not a stock to hold. it is a trade when it slides into the teens. Nothing more.

[541house]

I second that!

[ridingrockets]

HAHAHAHHAHAHAHAHAHHA - Thanks for the laugh! Never get enough of those. What Supreme has is the best quality products in their respective price ranges. No one is better. Best you can hope for is to provide what they can. Only greens that are on same level or greater cost typically 50%-100% more and they from my experience do not provide the consistent quality Supreme does with 7 acres. They have

[541house]

Haha Haha no one wants low premium weed anymore! Fire is restructuring to try and sell high grade weed already!! Point proven

[ridingrockets]

They have one of the best strains on the market, their proprietary strain Jack Haze. NO ONE can compete with their consistent quality in either the value segment nor the premium segment. The ultra premium segment is cut throat, that void is being filled with Craft Collective. Craft Collective first launched around late May 2020. Wild Berry OG and Kush Cake were both amazing. Their Pink Kush has

[UltimateEvil]

It has no institutional ownership. It is extremely diluted. It has a poor balance sheet. You are right, there is nothing to make this a $1.00 stock. Im sitting on 30k shares of trash. 

[StayInvested]

Explain your statement about the balance sheet please, I would like to know what makes it poor in peoples eyes.  Extremely diluted is another overly stated falsehood. What makes it overly diluted? What matrix and comparatives are you using for that assumption?  The only point you make is no institutional ownership, which is also false: https://finance.yahoo.com/quote/SPRWF/holders

[UltimateEvil]

Been in this heap since 2017, Guess that makes me a poor investor.  If I wasnt so under water in this I would be long gone as there is NO reason for the stock to be more than .20 cents. Last weeks run up was unsupported. Keep believeing in this company.  https://seekingalpha.com/article/4408748-supreme-cannabis-long-road-ahead-for-turnaround?mail_subject=sprwf-supreme-cannabis-long-road

[Greenman519]

Ok, so you're a grumpy bagholder? missed out on selling or averaging down over the past 4 years? why would you sit "underwater" in a stock that should be (according to you) 50% lower than where it currently is?? Wouldnt it make sense for you to move your $$ out and put it somewhere else? Maybe you are a "poor investor"! JMHO.... 

[Aurum1983]

Greenman you are just wasting your time. Seems like we've attracted a bunch of paid bashers with one liners like "SELL" or "REVERSE SPLIT COMING" or some sh*t. They are baiting us into an endless battle that drown out all the other quality posts. Best is to ask them to post their position and average cost. 

[Aurum1983]

https://postimg.cc/8fMVbR4R 1400000 shares at .42 I bought more after the two raises. As stated and I am saying it again - I will be doubling my holding in the next 6 months.

[Kalsabor]

see now with got numbers and expectations. Second investment...shy 1000 shares ballpark .38$ and I don't plan selling soon....i'm here to learn not bash

[Bigginvestor]

wow u are for real on this wow

[LiLy2021]

I've been lurking around for a long time and, believe it or not, read every single post by our fellow longs, especially Aurum1983. I wanted to contribute but was discouraged by the amount of poor quality posts seen here. However, today I decided to register and become a poster because I believe I owe it to so many members whose DD have helped me immensely in making my decision to invest in

[maritimedreamer]

"...I've been lurking around for a long time and, believe it or not, read every single post by our fellow longs, especially Aurum1983..." I must be in that d!ck mood today but for some reason reading even your first sentence made no sense. Aurum has only just joined the supreme party but adds some solid board content. Anyways, Well done on your Tweed plays. 

[OptGreen]

I hear you LiL and understand very well...had learned from much the same experiences and have held most all my FIRE all the way through, in hind sight I should have sold and bought back down here and stuck serious 6 figures in the jeans but i didn't. I studied everything Supreme all the way through and what I believed in and invested in appears now to proving out to be even much better than I

[Aurum1983]

Wow...thank you for the shout out but I really don't deserve it anymore than all those here who put up meaningful posts. I won't use names since I'm surely going to miss a few. Let's do our best to keep this board clean and relevant. We are going to have a few annoying f*cks keep repeating the same things over and over. IMO best is to not engaged in an ongoing mess as it does

[VK400S]

I will agree on " let's not get engaged in an ongoing mess as it does drown out good posts" part, all they seek for is attention. I don't know what their age is but it blows my mind that people have time and will to waste on meaningless and plain stupid posts without adding any value.. to anyone.. at all..

[LiLy2021]

Oh no, I did thank all our fellow longs for their time and DD. (How could I have forgotten such common courtesy!). It's just that your name pops out more spontaneously because I remember you posting your very large position. I even saved a screenshot of that post so I can go back and and smile at it some day when our share price mimics those price movements of Tweed a few years back. 

[Bigginvestor]

wht u think about Auxly ? Would u choose fire over axuly?

[VK400S]

Thank you! You are a ray of sunshine, stay the way you are and good luck.

[Phonse47]

Great post Lilly.like you I read it all. Most is pretty trashy but now and then a post like yours appears . Thanks for contributing.

[Aurum1983]

UltimateEvil - you are just being purposefully obtused. FIRE has over $70M cash and a positive EBITDA. How is our balance sheet poor? We just raised funds twice so another raise in the near future is HIGHLY UNLIKELY. We are what we are now 630M shares at .30 and forward looking with no further dilution on the horizon. And StayInvested pointed out we have 17% institutional ownership. I have to

[Greenman519]

Why in your infinite wisdom would you buy 30,000 shares of trash?? I've been through the facilities, talked to workers, IR, to AGMs and sitting on 145k shares and 155k warrants of "trash" and not worried one bit!