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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 24, 2019 7:30pm
134 Views
Post# 30161078

RE:RE:Big Report Coming?

RE:RE:Big Report Coming?Bang On, Your are absolutly right Harley about that.
Most people here bag holder and refused to look at the reality that Supreme his not making profit and will need other financement in order to grow in the next 5 years. The market is not interested in this compagny and the SP is overvalued. Many of them use this Board for Group Therapy Session so it keep them dreaming.  They will get there money back if they don't sell but not before few years from now.

IMO, I will incresed my position only when it gets well under $0,90 CAD not $US of course. My target price is $0,75 CAD and hope it will last until Dec 2021 just to get rid of warrants. In 2025 I expect a Maximum valuation and a Buyout at $1,5 billion CAD for a SP of $3,23 CAD (1,5 billion / 464 millions shares) which is good from my entry point.

For those who bought over $2 per share it is still a good rate performance but for a volatile stock like that it is not worthed and better to invest in a safer compagny.

The good news is that today it close at $1,31 CAD and can't wait till it gets under the loony.

Best of luck to everyone here.


Tomharley wrote: Your a tinkerbell with worthless drivel for past 3 years. Why dont you buy those shares at over cost, hell buy them at 5 bucks idiot. Cause they aren't worth 1.30s. And dropping everyday. Summers over. No run up coming. Black market leaves these clowns behind. Opt doesnt buy weed from Supreme. He buys it on the corner, with his crack hes smoking.


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