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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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.

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 OptGreenon Jan 31, 2021 1:48pm
163 Views
Post# 32431928

RE:RE:Some MM speculation -

RE:RE:Some MM speculation - Agreed Mnad, MMCap is there for the restucturing and they are done....unless they retain some position in the company for some reason but that would remain to be seen otherwise their work is pretty much done and they move on with their profits, of which should coinside with the SP moving north.

Both the .T and .DB are good investments and thier level of success is totally contingent on the level of full production they achieve and how well they maintain their net margins, which will sweeten exponentially to full production.

Realizing profit, even ebitda lite, at a fraction of production is the best story in the sector and as these margins sweeten all the way to full production so will SP right along with them....the contrast with the rest in the sector will add further to the lift in SP going forward. The balance sheet, it's potential and the achievement of bringing that potential to fruition is well within reach for Beena/ team. The path to 50% full production is the hard part, of which we should see this Q or next and the rest will be down hill.

Truverra is going to do real well on Shoppers, as well as off shore, along with much more FIREmenu shelved on the rec side with more retail space coming on line across the country going forward. Once up and running. post restructuring and identifying their high volume sales areas, achieving market share to full production will move quickly. JMHO...Opt

Mnadel01 wrote: John you are looking at this too deeply.  Fire doesn't go up when mmcap stops selling, it goes up when their ER proves the market they have a strong future. 


<< Previous
Bullboard Posts
Next >>