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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 johnaleon Mar 06, 2021 12:06pm
142 Views
Post# 32736234

RE:year high 61cents- year low 12cents, what next?

RE:year high 61cents- year low 12cents, what next?

I would add to Positives:

- accelerating retail footprint in Ontario - directly correlated with increased sales.
- covid vaccines increasing, likely to keep full re-opening and accelerating revenues across country.
- 20+ new skus coming from supreme - new proprietary strain - increasing depth of offerings to capture all market segments. 
- worldwide legalization - Mexico next week, many countries to follow, opening new markets to LPs
- USA decriminalization - will open gates to Canadian LPs.
- Beena - you listed her - but she's like a double positive. 

- undervalued relative to peers - still trading at 2.5x -EV/2021 revenue - sector 8-10 avg. 

Negatives
- volatility - can sometimes scare some investors off.
- radio silence about cash - obviously beena shouldn't tip her hand, and stay silent, but investors want to know that the dilution and cash position will drive accelerated profitable revenue growth - and how. Until investors know what's up, they may only be "watching" instead of investing. 
 


541house wrote: Whats different this year and will it make a difference?

Positives
-BEENA
-cash in hand
-more sales
-LESS STAFF AND COSTS
-Product(every company thinks they have great product)

Negatives
-Market perception for pot stocks
-recession coming
-share count
-bonds
-staffing issues
-FIRE Board members


any thoughts?

I know some of you will call me names for this post but pay attention to the responses if any ,you might learn something


 

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