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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 OptGreenon Apr 08, 2019 1:33pm
120 Views
Post# 29597570

RE:RE:RE:RE:RE:RE:RE:oh Volume.....

RE:RE:RE:RE:RE:RE:RE:oh Volume.....I see it the other way around Fast, to me first I don't see that FIRE has any real peers at this time and they are keeping the SP down because of the real value of the company and they are soaking up every share available while they can still hold it down,,,not too mention that the longs hold millions of shares and the longer the SP lags the more will hand over their shares.

Most others in the sector are over valued and based on fundamentals can not justify their SP, debt and/or cost of operation levels...FIRE should be doing $20mil a month now on the best quality herb in the marketplace and if not by next quarter and double that plus by year's end.

Earnings and net margins are what will separate the men from the boys in the sector and FIRE's balance sheet will put them way ahead of the rest every quarter well into next year and beyond, as they are carrying too much debt and cost of production is to high for many to overcome and survive, especially on low quality grass.

Well one of us will be correct here Fast and if it is not me, I will get burned very badly and you may be okay or rolling in the green and we will see that end clearly over the next few quarters...all the best to you in any case, JMHO....Opt


Fastlane2 wrote: Hey OptGreen, no angle I wasn't looking to do anything other than agree with Transporters comment. I agree with you guys on the business plan and the health of the company yet the share price does not totally reflect where the company is or where it's going, hence the question why? So many cannabis companies have ramped up their production and provided less revenue to the public yet their share price rises dramatically that's why I concluded that it has to be internal and enough that the MM's don't want to own or even trade FIRE, good luck with this investment but don't forget to ask yourself why the investment community has valued Supreme below it's peers.


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