RE:GOING TO BE REALFIRE has not fallen short to date Ped, the 4yrs of building has been preparation for the legal rec market, they supplied some product to others in the med market but did not compete for market share....there has been no material justification for SP above the $1.70 until legal rec and we will the first results of how well they start on Tues.
The sector and marketplace is brand new and the companies in the sector in varying degrees of start up, with a few that competed for market share in the med market...of which may be more of a liability if the script holders choose to buy product off the shelf and not renew their script. How much it will hurt WEED or ACB is yet to be determined.
Traditional measures of determining any companies current health and survivability in this new sector in a new marketplace, as they can not be quantified and/ or assessed with any real confirmable degree of accuracy yet and will require more time to observe and quantify the data in order to create the historical information necessary in assessing and quantifying any of the companies in the sector.
As this sector and market evolve FIRE will prove it's worth and will take a solid position in the sector as one of the elite, JMHO....Opt
Pedal2themetal7 wrote: If the Q2 report shows robust numbers, and their PR company has a well structured strategy regarding updates of the facility etc, and if the market reacts positively, we should witness a strong bullish run getting the company closer to the 3 dollar range.
2019 will identify the winners and losers in the canadian cannabis industry, and if this company doesn't start getting serious momentum, meaning not an increase in share price on green days, but independently, it will keep on falling behind the major players.
I like this company, and it has been on my watchlist for quite some time, but it seems to always be falling short, of what the retail investigating community is expecting of it.
If this company is actually ready to compete with the top tier companies, I believe it requires hype, and positive momentum in order to get over the heavy manipulation zone.
I've seen this scenario many times over the years I've been investing, I just hope, like everyone on this board, that Supreme can start flourishing in the near future.
I believe next week will be a strong indicator, if we're dealing with the leading canadian producer of premium cannabis at scale.
4 years in the making!!!!
Time to reward the SH
Imho