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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) > If you are good at reading financial statements
View:
Post by jfogarty12 on Sep 27, 2018 6:12pm

If you are good at reading financial statements

the balance sheet shows 55  million  CASH end of june statement

this financing MUST be to build the other Facility across the road
  to Grow that top quality California  mj
Comment by OptGreen on Sep 27, 2018 10:34pm
Agreed jf, this has to mean that they are moving forward in significant fashion, as they have been very good at handling their cash so far....a big push to complete and staff existing facility and break ground on the ultra facility, possibly something else coming outside Canada? They need to get anything and everything necessary ready to supply every shortfall of supply possible post Oct 17th ...more  
Comment by Southybird on Sep 27, 2018 11:15pm
This is an interesting raise that's for sure, the bliss co (3M)  and Medigrow (10M) investments were a fraction of this raise and we should have enough capital to complete Kincardine Facilities and still deploy more capital to something bigger maybe a partnership for extractions etc. (Hopefully lol) Move to TSX is big and aliviates some of my concerns, should be an interesting couple ...more  
Comment by OptGreen on Sep 28, 2018 1:08am
Agreed Southy, uplisting to the big board and the SP wallowing around the bottom will be taken care shortly of as long as they maintain they quality of product, the level of management with the focus on the business plan as we have seen so far....but if they start getting ahead of themselves before they secure the sales/revenues to justify new moves/plans with undue risk, they could get their ...more  
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