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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 Nov 29, 2019 8:52pm
158 Views
Post# 30407792

News

NewsClass action lawsuits are being filed against major LP's, this whole industry has been a major debacle this past year, and is slowly rectifying itself. There are a few stand out, and Supreme in my opinion is definately one of them.

They followed regulatory rules, maintained focus even if outside influences were pressuring them to follow the pack. They remained focused, and are evolving into a leader in this industry.

It is my opinion Q2 will be average due to the completion of certain projects but once Blissco and 7Acres are fully operational Q3 and 4 should be strong quarters. Guidance is a double edge sword, if you meet expectations everything is golden, and you fall short!!!!!!

To date Supreme has never provided guidance except for Q4 2019 and 2020, therefore they must be confident in their ability to meet expectations as they have always delivered.

Earnings/profitability will dictate SP, it will be a slow steady growth. Many will fall in 2020, if Supreme survives and I believe it will it should be a nice staedy growth for a few years. IMO
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