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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) > FACT: When Fowler Sold
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Post by theTransporter on May 13, 2021 7:43pm

FACT: When Fowler Sold

That was the last time this stock ever saw $1. The man knew the damaged company he left behind and was smart to understand that nobody would have been able to recover up to that value ever again.
Comment by OptGreen on May 13, 2021 8:25pm
That is just flat out wrong Trans, we were not ready for legal rec and operating on a B2B basis and Fowler was either sent to the house or chose to go, either way LaBrier, Moore et al saw the writing on the wall and brought Beena aboard and made the necessary move to CPG... building the value of the company to a level that WEED is willing to pay a premium for instead of insolvency which was the ...more  
Comment by ridingrockets on May 13, 2021 8:56pm
Opt slow down on the greens! 1- Bankruptcy with Supreme was in the rearview mirror 2- Cash on hand sufficient to pay existing liabilities plus a loaded ATM ready for 30 million more 3- net loss continues to get to net gain via efficiencies implemented from February 2020 till now 4- Supreme no longer exists if/once deal goes through - stop cheering for what won't exist. 5- Supreme acquisition ...more  
Comment by theTransporter on May 13, 2021 9:08pm
Best post ridingrockets!  I'd give you 1000 thumbs up if could 
Comment by OptGreen on May 14, 2021 2:36am
There is nobody that has supported company more than I have rr, along with many others maybe including you at some point...and I am still supporting them in this deal the more I am seeing and i am seeing the talk of focussing on SH value being backed by action. It is more common than not the SHs get shafted. and while I have no doubt that many will do very well here as well, that a serf  ...more  
Comment by Southybird on May 13, 2021 9:04pm
Agreed Opt.  Fowler was not ready for legal rec, everything else was aligned. Genetics , grow process etc. But they missed the ball on the CPG side and us longs all paid for that...I was always under the impression LaBrier had that under control given his background in supply chain management. Fowler took a lot of heat from shareholders myself included the day of legalization and I was ...more  
Comment by OptGreen on May 14, 2021 1:20am
Couldn't agree more South, the not ready for rec was just about the last for me but everything, except for the few mentioned, and was still the best quality, facility and approach to top shelf product....it took them 4yrs+ to build but the result is well worth it, just should have done it quicker? In all fairness, CGC is just making their big move and the changes required that come with that ...more  
Comment by donaldmac on May 13, 2021 9:05pm
No you are wrong
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