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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) > $1.93 to 1.97 target
View:
Post by mike999 on Nov 06, 2018 9:15am

$1.93 to 1.97 target

major short covering
Comment by maritimedreamer on Nov 06, 2018 9:25am
mind proviing some information to your post? or is this a 'gut feeling;'?
Comment by Barewood on Nov 06, 2018 12:45pm
Try over $4.50! People still want a quality product. Like the difference between product found between Walmart and Costco. What we have here is a 0.30 cent Dollar, very under-valued.
Comment by WCoyote on Nov 06, 2018 4:08pm
Higher - much higher.  I know this may be pumping a bit, but not really if you look at Cronos and HEXO - where they are now, the cash positions, their current revenue run and their near future growth, then FIRE should be in the ~2B-2.5B range.  Or in the $7.80-$9.75 per share range. Of course you could say Cronos and HEXO are over-valued, but looking at the companies on the  ...more  
Comment by OptGreen on Nov 06, 2018 7:16pm
Agreed WC, your SP estimates look very doable for $2bil+ gross revenue....and could be north of there, the net margins will really tell the tale when all the current proposed construction is completed and the facilities are fully operational. The premium quality is key and will be maintained unless management changes for some reason...the ulta premium is going to be in very high demand from day ...more  
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