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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 LiLy2021on Feb 27, 2021 12:08pm
130 Views
Post# 32678992

Supreme advertising

Supreme advertising

I'm not sure why Stockhouse wouldn't allow topics/threads that are reverent to the discussion and that are being replied to, to be pulled up to the top. This way, we're able to filter out the trash and let it die down. 

I also suggest that we should stop paying too much attention to the individual who's been spamming the board. I love to learn from everybody and to hear out their contrarian views, but I have no respect and tolerance for people who utter racial slurs and discrimination. 

People like him are hopeless. Take a look at this video. Some people are truly hopeless  

 

 Fire's market cap is not something I'm bothered about, or else I wouldn't have invested in this company. At one time, Tweed had about 320,000,000 shares at 1.45, so it's market cap was less than 500 million. Its volume for many days and months was just around 500,000; one million for a good day. I believe that was in mid 2015. Two years later, its market cap was close to 30 billion. 

I'm wondering how Fire is able to market its products better. Tweed had many T shirts selling to investors. I'd buy a bunch to give out as gifts or to wear them myself. I also notice that Tweed used to have a huge billboard on Yonge and Dundas square where I live just a short walk away. It's very eye-catching. I also checked out Supreme's Facebook account, and I'd definitely like to see the page updated more often with more products. 

I'm also working on my own projection in terms of revenue and growth for Supreme. This task is much easier for me now because I have concrete numbers to work with. At that time, Tweed only had a warehouse, so we investors had to project the revenue based on area as it was built out. 

I'll tell you something very interesting. I'm rummaging the internet trying to find that Seeking Apha article where the analyst assigned a fair value of $17 based on its built-out capacity and its projected revenue. For a stock trading in the mid 1's for months, with abysmal volume, and had no hope of finding its bottom, this was not a bold, but outrageous statement. He was the laughingstock of the shorts. They called him all kinds of names, calling for him to be fired. Many investors had to go somewhere where the internet was not readily available so they set their sell order at $17. They came back awhile later to find all 40,000 shares order was filled and Constellations Brand valued their shares at $45. 

I'm seeing that same projection and same prediction, and same analysis but I can't remember if came from the same analyst, (although I have strong convictions that it did) valuing Fire at $7/shares. 

Let's work hard at getting our products out. I know SimpleWeath has added Supreme back to their pot stock basket as per our investors' request. 

 

 

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