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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 Aug 04, 2020 3:50pm
201 Views
Post# 31363273

It's a great deal for US

It's a great deal for USCan't believe reverse split is being mentioned, it would be suicidal to even contemplate such an action, we're a penny stock, if they would go ahead with it might as well flush your investement down the toilet.

Look at what's happening to Aurora, they're no further ahead then before the split, initially the big boys manipulated the stock to recover their losses, but look at it now, just have to divide by 12.

Buy back I believe is always a good move if the company believes it will deliver. Supreme needs to grow organically for quite some time, gain traction within the market, inspire retail investors to come onboard and if successful institutional investors will slowly have a look.

The NR today is good news if followed by acceptable financials, if they show profitability going forward it could become a slow but steady growth stock. IMHO
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