Analyst As I mentioned in my last post, I fully agree with StayInvested when it comes to Supreme main competitor being Aphria. The only reason why the so called majors are still maintaining their MC is partnership with big money.
I stongly support the decisions made by Supreme's current CEO, and I believe 2021 will provide a clearer picture as to what investors can expect from Supreme. I still believe market share and hopefully profitability can provide a steadier foundation moving forward. By the end of 2021 we should have a better idea what production at full capacity really is.
This is a new industry with Supreme still a penny stock, but if Beena is successfull with organically growing this company, and if it shows growth Q over Q during 2021, this could be a decent stock, but first it has to show they can move product and maintain growth. . What I like is the fact they add grow rooms as required, keeping potential expansion cost effective.
The discussions between John, Method and now stay invested are very informative and assist with maintaining objectivity with this company. In my oponion Supreme was on life support, but Beena has injected some life into it, now let's see if she can maintain this trajectory. IMHO