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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 watchmeplzon May 18, 2020 11:05am
97 Views
Post# 31042049

RE:Now that Q3 has been reported, Insiders...

RE:Now that Q3 has been reported, Insiders...

In my opinion, no one with a straight mindset would touch this. The last quarter they wrote down a loss almost as much as the entire market cap, and spending hasn't been rectified, otherwise we would have seen the operating loss a lot lower or none which definitely hasn't happened even with adjusted numbers. To say 'next quarter' is so unrealistic now as, how do you pay back that much debt, interest, growth and purchase orders all while having a flooded out market cap and bmo not allowing financing activities. This isn't a gamble anymore for your investment, it's beyond that. 



 

Dunworkin2 wrote:

Should be backing up the truck. With nothing but milk and honey coming up in Q4 and beyond, these folks should be buying. Table pounding buy, right?!? 

Would like to see a lot of this, might help with instilling some confidence that they have turned the corner like many on this board believe they have.



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