RE:FIRE Well PositionedSupreme NOT WELL positioned and the Market is right look at the other compagny they are Green except one Guess which one ... yes supreme cannashi!
OptGreen wrote: With APHA and Weed well ahead in the sector today, FIRE should be moving up to next as Beena and team can get the distribution network and new product lines shelved and moving...realizing profit, even ebitda lite, FIRE is already a leader going forward.
FIRE is in a major restructuring/ rebuilding process second to none in the sector...transitioning to rec product lines and from B2B to rec market product, processing/ packaging it is a steep hill to climb to compete for market share when Weed and APHA have been well established in this area from the jump...and they are leading, keeping pace at a minimum with profit realized and while at minimal production levels. To expect Beena/team to make this transition over night and in current market conditions is not reasonable....while most in the sector are struggling to survive and many won't, in their current form, when the dust settles.
FIRE is a keeper and Beena is bringing it to full production, while maximizing net margins and realizing profit...second to none. Profit is the name of the game in any/ every investment....while most hope to profitable down the road, the restructured FIRE is coming out of the gate showing profit on minimal prodution shelved. Eof S will improve the company's gains as full production is achieved. Beena will only pursue production avenues with acceptable net margins. This sector is in it's infancy and there have been and will be many failures, with few successes and FIRE will be solidly in the win column. Do your DD and all the best to the long suffering longs. JMHO...Opt