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.

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Supreme Cannabis Company Inc. (The) > I bet you there is another cash raise in the works

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Comment by RealistGhost21on Aug 27, 2020 5:20pm

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Post# 31465974

RE:RE:I bet you there is another cash raise in the works

They will need to raise money ortherwise they will bankcrupt.

watchmeplz wrote:
In my opinion, your classifying 60m as cheap? Are you kidding? There's tons, I'm talking double to triple digits of facilities/companies with a license in the 2-15m dollar range and with no debt, no problems, very narrow company focus and tight share structure. Why is this "cheap" compared to those? If anything this lost its mojo, doesn't have a focus, bought a trimmer while still claiming premium, lost it's brand rep, and stacked with debt. I don't get your comment even for a second?

theTransporter wrote: Everytime I have seen long periods of unexplained endless selling with huge asks with no end in site, it was always followed by a news release of a financing raise.

There's always some "in the know" before these raises are released. They sell so they can buy into it cheaper.

I hope history doesn't repeat itself but this stock is on life support.

$62M market cap is far lower than when this company was waiting for its license!!

I do wonder what a $20M revenue quarter would to to a company with a $60M market cap?