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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 Feb 10, 2021 2:46pm
260 Views
Post# 32527809

RE:Is this worth 0.51c?

RE:Is this worth 0.51c?Assuming they hit their guidance (or at least the rough guidance you could gleen from their caveats in the financings) of 10-15mil EBITDA, and giving them a 25x multiple, they would be valued at anywhere between 250-375mil ($.5-.75/S). Which is kind of where they are trading now. If that multiple turns out to be accurate for the sector, this could be worth 500-600mil in a years time if they generate the type of growth they have already been experiencing (20-30%Q/Q). I could see in two or three years this being a billion dollar company ($2.00/S), but it certainly won't happen overnight. 

Now, if they blow us all out of the water with their performance, momentum will probably take over. That means you could easily see a short term price of $1.00, but that would take quite the beat.
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