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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 Pedal2themetal7on Mar 03, 2021 5:57pm
164 Views
Post# 32711019

RE:RE:RE:RE:Beena is Worth Investing In!

RE:RE:RE:RE:Beena is Worth Investing In! I've studied, witnessed and sadly invested in a company which conducted a RS, and based on my experience a RS is bad news and most investors veer away from those stocks. At times you'll have deep pockets investors partnered with companies not performing and want to artificially increase the SP. Deep pockets might be able to sustain the increase in SP for some time but if the company doesn't prove to be viable, and most dont, the SP crashes. Those companies usually dont have great fundamentals, and the RS is usually for short term gains. 

You have two great examples of that within this industry, one of them I consider a train wreck.

Once the dust settles, and the company can show continuous growth they'll attract institutional investors, at which time a number of options are available regarding the share structure.

Aphria never had a SP, Hain Celestial had a split (not reverse).

Beena is smart, she is building this company for the long term therefore it will be a steady climb, one quarter at a time. 

As I mentioned before, we now know the company can deliver, they have completed facilities, premium product and cash. The one key component missing which is improving every Q is market share. Most posts are conjecture, again its either you believe Beena will bring value to shareholders or you don't.

Don't take me wrong I thoughrilly enjoy most posts, and I also attempt to figure out the next move, which keeps the board engaged, but I can do without the users who blatantly attempt to spread toxicity. Objective views, and honest respectful pros and cons is a healthy way to learn and educate. 

Now that I'm convince they can deliver, I want to see where Beena is taking this company, therefore I'm in for the long term with my current position, once we get out of this penny pit, I'll add. IMHO
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