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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 Aug 13, 2019 7:35pm
286 Views
Post# 30025015

Great interview on BNN

Great interview on BNNRegarding associations with major alcohol/beverage companies, might have been a trigger influencing SP some time ago, but the Canopy's debacle with losses which caused constellation to step in, shows that unless a company has strong fundementals the investment doesnt count for much.

Opt has been steady with his analysis of this company from the beginning, and with todays release, I believe hes the most accurate on this board. We have different styles, at the beginning I was approaching the company as a penny stock, which required market reaction. I began a more technical approach the last couple of months, and with todays release I strongly believe this company has all the tools necessary to succeed. Those numbers are concrete, I really don't care about partnerships with alcohol/ beverage companies, earnings will dictate the SP. With 19 million for Q4 and the projected numbers for 2020, I believe the warrants are a none issue. As I mentioned before I don't expect the SP to sky rocket, but I believe it will gradually increase between now and Q1 2020, at which time it should improve considerably . Today's release has taken Supreme to the next tier, and it hasn't touched EU, which is an immense market. Anyone with experience investing knows that earnings is key, and there you have it. It won't happen overnight, I'm looking at holding quite long. IMO
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