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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 Fastlane2on Oct 19, 2019 11:23am
165 Views
Post# 30247186

Valuations will be at the forefront

Valuations will be at the forefrontIn search of market cap justification of the LP's we have come to a point and juncture where the market will eventually judge who will prevail and who will fail. TGOD The Green Organic Dutchman Holdings Ltd with a market cap of 327.8 million and trailing twelve months of revenue of 7.2 million has essentially ran out of money. They have 54 million in cash but 40 million is restricted for their buildout in Ancaster Ontario and Valleyfield Quebec. On October 9th. the company (TGOD)announced that the Canadian banks will not finance the remaining buildout of their facilities or secure any financing for equipment, guess what? TGOD is going to dilute the hell of their shareholders, do you want to own TGOD? I'm definitely alright with owning shares of Supreme at this time and I'm looking forward to a re-evaluation of the company. I loaded up on Friday.
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