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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 StayInvestedon Sep 28, 2020 3:05pm
102 Views
Post# 31630019

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:anaylst

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:anaylst It's not telling you much other than the market was massively over-hyped, and some retail investors got roped. I remember speaking to people at the time (ex-C suite guys from banks) and all they would say is "there will be a lot of tears before this is over". There was a reason they were stating that, it was due to over zealous multiples and forecasts. Supreme has had growth, quite literally market share growth over the last year. What else are you hoping for?

To state that this is still the fact today is a false narrative. I believe the bottom is in for most of the efficient and well focused LPs. Supreme and Aphria are the only two I would even consider owning at this stage. Aurora and Canopy are looking more bloated by the day, with decreasing recreational revenues. Aphria at least has a wider moat around them operationally. Supreme sole focus is the Canadian flower market. I like companies that have wide moats, or a niche.
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