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.

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Supreme Cannabis Company Inc. (The) > bnn report

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Comment by solarcradleon Apr 20, 2018 12:41pm

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Post# 27918115

RE:RE:RE:bnn report

Errrrrr: "Overhead is minimal" Correction: Overhead seems minimal compared to many other companies I have researched into.

Grow grow grow, make safe moves, see how the provincial, territorial and international laws turn out in an ever changing environment, and load up that chest!

It is exciting and scary to wonder how rec and retail is going to come together, and to wonder if companies are going to idle and or get squeezed out. Supreme is one of the big players, IMO. Those upset about Supreme not being in the top 5 should have a look into how fast companies have moved in and out of the top 10, except the top few... in terms of market capital. Supreme is going to be a big player, IMO.

solarcradle wrote: When the flood gates open... with quality strains and yields from the massive build out, expected to be completed by the end of 2018, I think Supreme dilution will disappear nicely... if all carries on as planned. Overhead is minimal, which I love about the Supreme business model...and they are loaded with cash.

I anticipate seeing how big of a play it will be for companies invested/ in the Kindgom of Lesotho in Africa, where there is enough water and plenty of sunshine to grow quality bud / terpenes at a low cost. Lesotho, "a land of clear blue skies and more than 300 days of sunshine a year." I really like that Supreme seems to be keeping their overhead costs low out of the gates...for future pot-ential.

I'm thinking of selling my HVT just because they purchased 398 acres of grow space in BC, while "contemplating and oudoor grow facility". I think Lesotho is a much better buy and will generate much more revenue with lower overhead costs down the road.

I anticipate rec revenue with patience.

maritimedreamer wrote: TY Sir..... (and even a smidge for Timmy Tom Tom)...... i think once legalization is confirmed..... the rest will start to fall in line...... i think high multiples will stay around for a while in this industry.... esp when flood gates open and the big $$ starts to flow in....