Short Sellers BEWARE holding my shares... HERE’S WHYAt .32 cents a share this is the opportunity to buy in $41 million raised in Q2 along with 72 Million shares bought by BMO bank means day traders taking profits wouldn't be able to cause drops in the charts. in fact I would still be a buyer and be even more hyped to buy in if we saw shares at $5 - $6 on an uptrend in the coming weeks
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 38 million while the market cap is only 208 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.
Regardless, what is already in place is huge. New partnership with Humble & Fume is like, Sisco to the restaurant game. Distribution, spreading the word. 7200 new listing the result
Not to mention new listing within SHOPPERS DRUG MART on the medical side of things
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
With an overall well rounded portfolio, I remain bullish on this stock climbing with positivity... Let's go to the MOON