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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

Post by ridingrocketson Feb 24, 2021 8:59pm
235 Views
Post# 32654696

haters going to hate

haters going to hate
https://seekingalpha.com/article/4408748-supreme-cannabis-long-road-ahead-for-turnaround

   This is the type of misinformation we need to fight back against:


However, the Canadian market is hyper-competitive and it remains to be seen whether Supreme could capture additional market share. The Canadian market has improved significantly during 2020 as Ontario ramped up retail rollout so Supreme should benefit along with the broader industry. At the end of the day, Supreme remains cash tight and rushed to raise equity at depressed share prices twice in the last two months. Therefore, we remain cautious about the stock due to its fragile balance sheet and risks of additional dilution in the near term.
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