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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 KingBagholderon Feb 08, 2021 9:20pm
166 Views
Post# 32508762

RE:RE:RE:remain positive

RE:RE:RE:remain positive

johnale, do you have an estimate on whether they'll address the negative gross margins. That's still a big question mark.


johnale wrote: Well lets be realistic here. Lots of retail with eyes on this now, supreme will be ebita positive and going to show some real traction in recreational sales - so the quarter should be positive enough that we will hold these gains. Maybe track slightly higher with 14-15mil. If we beat analysts expectations 15.5 - 17mil - then I think we push higher and test a .45 resistance. Should break it. A beat is a beat - and will be massively positive. If we sky an 18+ then we go to a dollar. IMO

theTransporter wrote:
vulcan123456789 wrote:
its not a great deal but atleast we stayed green.. ill take green any day.. good volume .. stronger base.. trying to hold us down. they spent a great amount of shares. we have tomorrow and could break further north.. cheers


Also could break support and dip back into the $0.20s.

Earnings will need to exceed expectations by far to move the needle here.  Simply acheving expectations will not be good enough to overcome the manipulation here.

This needs a $20M+ quarter.




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