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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 BeRealisticon Feb 22, 2019 11:03am
83 Views
Post# 29399637

RE:RE:Speaking factually

RE:RE:Speaking factuallyThey aren't focused on the same operational path, and Cronos is massively overvalued right now. Pointing out a company that has a laughable valuation as a peer to compare too is erroneous. However, I assume much of its valuation has to do with its 2.4 billion dollar strategic investment from Altria, who probably sought large buildout capacity and saw synergies with a conglomerate like Cronos. 

Supreme is not focused on capacity as much as other market players. They are focused on a single brand, and highly focused on quality flower. That differentiates them from other companies product mixes. 

If you are that concerned, you should not be investing in a highly speculative sector. 


Like I said, I invest based on facts, not conjecture, not other companies valuations. 
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