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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Supreme Cannabis Company Inc. (The) T.FIRE

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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

Supreme Cannabis Company Inc. (The) > Stifel re-initiates on FIRE w/ Hold and $0.30 price target
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Comment by johnaleon Jul 22, 2020 9:44am
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Post# 31301139

RE:Stifel re-initiates on FIRE w/ Hold and $0.30 price target

RE:Stifel re-initiates on FIRE w/ Hold and $0.30 price target

That's the same report reposted from May - no changes with the caveat at the end:
Giventheabove,FIRE’sprofitabilityoutlookwilllikely dependongrowthinRECchannel volumes,forwhichourvisibilityremainslimited due to: 1) recent management changes, 2) longer sales channel shift, and 3) market impactfromCOVID.WithFIRE’ssharesfairlyvaluedat~4xCY20EV/sales(peers4.5x), we maintain HOLD and lower targetto $0.30based on 12.5x (10xprior) FY21EBITDA.

obviously I get where your coming from - let's not get our hopes up too high for q4. 

but I'm cautiously optimistic we will be way better than what they are predicting. 

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