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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

Post by Pedal2themetal7on Mar 26, 2019 2:34pm
108 Views
Post# 29538215

Criteria

CriteriaI share you reservation regarding the RS MD, the market is finally warming up to this stock, and I mean slowly, I believe the news of a RS would send the stock plummeting at this stage.

The company finally has traction, which I believe is a great sign of things to come. Great news have been released, and a lot more to come between now and Q3. 

The company should be able to strongly grow organically until late fall, at which time they could assess if a RS is necessary, but with the company entering the oil market, the facility at full operation in the near future, I believe this company should be in the top 5 entering 2020.

I re entered with a small position, due to the NR's, and monitoring.  If the market is still reacting to the stock in a positive way near Q3, I'll definetely consider increasing my position.

Looking promising, but I believe it is still fragile, the next few months should be interesting.
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