Supreme Cannabis Company Inc. (The) T.FIRE

Board member's thoughts

[maritimedreamer]

What are people's thoughts fabout the market as a whole (and of course Supreme) with regards to a bottom? Do people think we are nearing o at the bottom or do others think there is still more room to fall? I feel like many of these companies have taken some solid hits as of late, but just not sure if the bleeding has completely stopped.What do people think specifically for supreme as SP now? I'm looking to buy a few more shares and trying to think if today is a good entry or hold off to see if more blood on streets......? any insight greatly appreciated.

[Southybird]

I've been buying under 1.50, there's no way to tell what the bottom is right now, but with m & a activity and strong earnings on the horizon I am not to worried about the short term manipulation. Anything under 1.80 is a steal Imo GLTA

[maritimedreamer]

Hi Southy, that is what i'm feeling as well.......noone can really time the bottom, but i feel as if we must be getting close...... either or.... as you stated 1.50 and below def a steal...... i think i'll be adding today..... 

[meowmeowmeow]

I bought $78k on the first huge dip at $1.33, considering its pennies away from the 52 week low ($1.25), and in line with 104 week levels i'm pretty comfortable with that price.    If i'm being blunt, Supreme is an under achieving and under performing company run by inexperienced and stubborn management, with a proven track record of incompetence, being over budget and behind

[maritimedreamer]

meowmeow.... so tell me this what other management team is more experienced then in the cannabis market? Do you really think the CEOs of Aprhia, ACB, CGC for example know more about the market and cannabis then Nav or Fowler? If you took SP out of it.... these guys are probably further ahead then some of these companies with concern to their build out etc.... how many of these companies have these

[meowmeowmeow]

Allow me to showcase how bad Supreme is at making deals.    The only deal (in recent memory-correct me if im wrong) is the Medigrow Lethoso deal $10 for 10%... valuing the company at $100m.   Compare that to Aphria's and Canopys Lethoso deals.   Canopy buys 100% for Daddy Cann Lesotho $29m Aphria JV for $4M Verve Dynamics Inc   Even THC Biomed started

[maritimedreamer]

a Swing and a miss meow meow..... you were really stretching it there to try and break down Supreme as a bad investment but that didn't work out for you... here is why: 1)They have deals with both Medigrow (Lesotho) and Bliss Co. (10% ownership as well) To dive in a little deeper about Medigrow..... they are also a premium flower based company focused on only top quality flower that is

[Truth988]

This post has been removed in accordance with Community Policy

[maritimedreamer]

sorry i didn't have the time to go and find all the links for my post.... but you areincorrect..... i do have valid facts here. ut do as you wish, i'm buying more Supreme..... 

[maritimedreamer]

oh and so did the people that bought in to the 100mil bought deal (included the 10 mil over bought option).... but go on about how Supreme is not going to be a successful company. 

[Truth988]

This post has been removed in accordance with Community Policy

[jfogarty12]

you have a point there -- all Cannabis stocks  are down 45% since Oct 17 the Provinces have dropped the ball on distribution    some did better than others  but  a mess so far

[Diemannschaft]

I have to agree I bought supreme pre reverse split. I made good money on them but sold 90% of my position about a month ago and started investing in US plays along with more aggressive Canadian plays. Can't fall in love with a stock especially if you keep having the same argument. I always thought supreme would pull it off and be at the forefront. Why haven't they expedited the build out

[OptGreen]

I started buying post split and when the SP was low, based on the proposed 'premium' quality and the business model/ plan, the sungrown hybrid was the best possible balance for our climate and doable....with the MJ sector a guaranteed success and legalization still a ways away I thought at one time I would try to hit a million shares if it stayed below $0.20 hoping for most closer to $0.10

[Diemannschaft]

Gong show? Haha absolutely. No doubt will it hit $3 or $4 and I still hold a position. I guess for me personally I see other companies in this sector, US and Canada, making stronger moves that could make them future global giants. Supreme has been very solid I just wish they would've reached a 3 or 4 dollar share price before all of the dilution.

[Fastlane2]

That's an honest answer from someone with skin in the game, thanks meowmeowmeow. Supreme should have a market cap of at least 1 billion on cannabis euphoria and future potential, this is on management.