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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > Nice solid gains on this one as well
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Post by MartialArts on May 23, 2018 12:57am

Nice solid gains on this one as well

Seems on the mid tier FIRE, OGI and WMD are good bets at this point.  I see them all as take-over target as the giants want to dominate. 

Watch king Canopy as it makes it way onto the NYSE. That's what driving investors to this sector as we approach the senate vote in 12 trading days.
Comment by DSEEGS on May 23, 2018 11:43am
Wmd merged with HIKU .Where have you been??.. YES "king canopy" is driving investors because of the NYSE uplisting but the problem is this time around the rise in canopy SP IS not lifting the sector with them....
Comment by OptGreen on May 23, 2018 12:42pm
Canopy is the big fish in a very small pond of only med script holders....med script holders can only purchase product from the LP they are registered with and Canopy was the first into this very controlled/ regulated market. Post legalization will be a far larger market where anyone of legal age will be able to purchase MJ from any vendor in the market...Canopy will not have the monopoly they ...more  
Comment by OptGreen on May 23, 2018 1:10pm
Just to add, if one was to sell Canopy today and buy FIRE their chance of a triple or a quad on their investment is a no-brainer....I see FIRE at $7.20 before WEED at $160.00, JMHO....Opt
Comment by brentkosta on May 23, 2018 1:24pm
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Comment by SILVERSTOCKS3 on May 23, 2018 1:31pm
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Comment by brentkosta on May 23, 2018 1:37pm
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Comment by maritimedreamer on May 23, 2018 1:41pm
I would like to politely disagree with a couple of your comments. Firslty, 'they aren't getting it done'..... reality is Canopy (as Optgreen just mentioned) have had pretyt much a monopoly on the med side of the MJ industry. Supreme is not and has never really gone after the rec side! Sue they have sold their cannabis to some reputable artners (ACB/EMH for example) but that was more to ...more  
Comment by OptGreen on May 23, 2018 2:21pm
When WEED was $10, FIRE was $0.50, gains are pretty much the same to date but FIRE is just starting to sell product which their business plan....they are where they planned to be, as a B2B they did not pursue the med script market. Supreme has the cash in the till to complete their facillity upgrade and carry minmal debt into the post legaliztion market, where as WEED will have significantly more ...more  
Comment by puppymonkeybaby on May 24, 2018 3:30pm
This isnt accurate. January 2016 FIRE was 50c, WEED was about $2.50. January 2017 Fire was 1.80 and WEED was 10.00.
Comment by NukeLaLoosh1 on May 23, 2018 1:37pm
Its not if Weed will go to $160.   It’s why Fire isn’t higher than it is.  All other companies are trading at hype levels.  Why not Supreme?
Comment by DSEEGS on May 23, 2018 2:55pm
This was not a question .it is fact- canopy SP is soaring and its not lifting the sector like before. Last time it traded this high supreme was 2.88 . .. --- i am long on mid to small cap plays supreme one of em***  so i am pointing this out as it is a new development . That being said i agree with somewhat what you said.--- The parts i disagree with would be CANOPY ...more  
Comment by OptGreen on May 23, 2018 4:41pm
I see the run up to $2.88 on FIRE was just MM manipulation/ hype as there was no material news or change to support and maintain the SP at that level at that time.....but I see FIRE under valued at current SP levels and have a hard time seeing WEED under valued at current SP or making the near the same % gains in the at least for the irst year ot the post legalization market. Agreed that a med ...more  
Comment by Kronic430 on May 23, 2018 5:08pm
I don't think that is entirely true. My friends with PTSD originally could only purchase from canopy, but now can buy from aphira and aurora as well. VA still pays for their prescription.
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