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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 by User

Comment by Adam999on Dec 02, 2018 8:57pm
56 Views
Post# 29051923

RE:RE:RE:RE:My 2 cents

RE:RE:RE:RE:My 2 cents


Shorting is good for markets overall. Clearly you likely bought in at higher prices and probably sit in the red, or are just disappointed with your investment performance. Let me point out, that if you have that little faith in the Company, then you probably shouldn't be a shareholder.

Convertible debentures have an exercise price of $2.45 which is quite attractive for shareholders in hindsight (not those who bought them per say).

The way to grow share price organically is to build a company which is exactly what Supreme has been doing since day 1...

Still early days for Lesotho, patience.  And i am looking at all the facts, but if you're just referring to share price, that is the worst and most meaningless indicator to possibly look at. Share prices until now have been largely hype-driven. Now that legalization has passed, you will see fundamentals will start to take over going forward. This is also a major reason why some of the larger companies have fallen sharply over previous weeks.

Anyways, more patience required. One other point i forgot to make, is that high quality bud also means high quality trim which is something that is largely overlooked. Based on current yields and prices, they could potentially double their top line based on using trim for value-added products. They are already moving on this opportunity (see the recent NR regarding oils)

Supreme will shine through 2019 as I said, you will just have to wait and see.

Anyways, this is the reason i don't post on these boards. I'm out.

Best of luck to all.

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