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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 Apr 08, 2021 1:34pm
228 Views
Post# 32957642

RE:JohnAle ? Awaiting your Review

RE:JohnAle ? Awaiting your Review

Bitter sweet - 
I don't like canopy, I don't like their valuation, I don't like that they have only 1 bil cash left.

I think dilution is a possibility - they filed a 1 bil shelf I believe. 

It's a sell out for sure - but the valuation is 6x 18.3mil annualized - which is fair for today - for supreme. 

but considering our growth trajectory - it sucks.

upside is at the mercy of the market in general and USA legalization. 



 

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