Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Supreme Cannabis Company Inc. (The) T.FIRE

Consumer Cyclical Healthcare Advertising Agencies Drug Manufacturers - Major
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) > MMcap getting an early start
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(19)
•••
Comment by theTransporteron Sep 24, 2020 3:24pm
130 Views
Post# 31612863

RE:RE:RE:RE:RE:RE:RE:RE:RE:MMcap getting an early start

RE:RE:RE:RE:RE:RE:RE:RE:RE:MMcap getting an early start
Easydraw wrote: With half a billion shares out, the share price will never sustainably appreciate.   


That logic doens't work.

CURA has 533M shares oustanding yet have a $5.1B market cap.

ACB once having 1 billion shares oustanding didn't stop their stock price from running the company up to a $2B+ valuation for quite some time.

Many companies with share counts in the billions that have insane high valuations.

If a company warrants a certain valuation, it will reach that market cap regardless of number of shares outstanding.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities