M&A no way !! I’m holding my shares... HERE’S WHY An M&A ? In who's favour? Supreme just got 22 million from BMO bank why try to acquire another company to add more problems to the work load, when the growth initiatives are already on the table in every Provence across Canada.
In sight of companies like Cola Cola and Revlon looking to partner within the Cannibis Sector for CBD
I'm holding onto my shares and think this is a good opurtunity to buy more, HERE'S WHY
it's not hard to see how under valued this stock has become since the last quarter report. You can see the share volume is nearing 32 million while the market cap is only 201 million
it's no secret that the supreme brand is popular and does well with retail and recreational use across Canada. Often times selling more then they can produce, as the company is known to have some of the best quality in Canada wholesaling to well known brands like Canopy and Tilray
With CDB eatables and Cannabis Drinks becoming more and more popular, big name brands like Coke Cola are looking for cannabis companies to partner with.
it's a no brainer why new CEO Beena Goldenberg was brought in. She a proven leader who lead Hain Celestial Canada, Hain Celestial Group - HAIN - NASDAQ - who's shares are currently $45 US each. BUT WHO IS HAIN?
Hain is an American Food company whose main focus is foods and personal care production who's headquarters is in NEW YORK. now it has been said that Supreme's main focus would be Canada, but if the connections are there and Governor Cumo passes legalization in New York why not?
we also know that the make up industry also has an eye on Cannabis, companies like Revlon.
BRANDING ??
has anyone heard of the Skateboard clothing brand SUPREME NEW YORK hmmm anyone wanna buy an UGLY Luis Vuitton X Supreme Jean jacket for 25,000 or how about a Luis Vuitton X supreme skateboard for 100,000
i remain bullish... let's go to the MOON