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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 RealistGhost21on Sep 18, 2019 5:11pm
124 Views
Post# 30140906

RE:RE:Not a success unfortunatly

RE:RE:Not a success unfortunatly Well OG the market said otherwise today.
OptGreen wrote: Quite the opposite RG, very successful on all levels and the story is just beginning to hit it's stride. We will see much more from this company and the SP, much of it well before '21...all the MJ stocks I folow, including WEED, ACB, etc are trading at less than half of their 52wk high, FIRE is trading above, not to say these SP levels reflect the value of the company but rather the sector is down across the board.

The sector has to find it's balance as a new market and there are many issues with several in the sector but FIRE's only issue is to execute it's business plan and it is well positioned today to do that. There are many other forces impacting markets in general, with China, NOKO issues and now with Iran blowing up a substantial hole in much of the Saudi's oil production, a material chunk of the world oil supply...few markets like instability and especially a new unestablished sector like this.

If Trump can put a trade deal together with China and keep Iran in a box this will go long way to generally stabilize overall but there are many other issues that are hanging in the balance and enough right here at home!!

Even if things get worse, there will be more demand for some quality herb and the FIREmenu is the best around, and getting better, JMHO....Opt

RealistGhost21 wrote: As I tought it would be ... the market reaction is not positive. Not a surprise. IMO, SP over $2 not before 2021.




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