Supreme Cannabis Company Inc. (The) T.FIRE

GMP Equity Research.,,,,,Supreme

[maritimedreamer]

Hey everyone, was looking at Reddit today and found this:

Updated Sale forcasts by GMP.
https://www.reddit.com/r/EmblemCorp/comments/9wqr4e/updated_gmp_sales_forecasts_and_price_targets/

Please note there is a section below that has each name highlighted........

https://gmpsecurities.bluematrix.com/sellside/EmailDocViewer?encrypt=084061e7-7b39-4190-b15f-f989c82e7209&mime=PDF&co=Gmpsecurities&id=[e-mail]&source=libraryView&htmlToPdf=true

PLease click on Supreme, there is some really interesting information i did not know about Supreme. Here are a couple of my take aways:

1)5 step curing process.....knew they had a good process but GMP gave more detail.
2)GMP views Supreme as an eligible re-rating candidate....A BUy with 3.5$ target
3)Strong ROIC (All that own SUpreme knew... but nice to see GMP state)
4)EBITDA... looking strong for future growth.
5)Supreme's pricing etc.....

[Gilbert90]

@ maritimedreamer :  Thanks a lot for sharing this document from GMP.  What caught my eyes was : ...we estimate  FIRE’s freely deployable cash position at ~$60 – 65 m. We  expect FIRE could deploy this cash to boost its international footprint, or other strategic M&A. FIRE also indicated its financing was an important step towards attaning its TSX listing. M&A and or

[maritimedreamer]

agreed....when not if we uplist to the TSX.... our phones iwll probably be rininging much more and with more affluent investors. That being said i thinkn we would want to have the IR ducks in order before those phones really start ringing. Secondly, people will not be ringing because we list to the TSX.... they will be calling to know what next and what SUpreme's vision is. I'm sure more

[SMOKINGTHUNDER]

This post has been removed in accordance with Community Policy

[Truth988]

This post has been removed in accordance with Community Policy

[donaldmac]

So true good writing lol

[donaldmac]

So true good writing lol

[OptGreen]

Spot on md, nothing gained with a move to the TSX, if even possible, at this stage of the game....the financials are too weak, all the value is based on speculation and estimates, until sales are completed to the degree that reasonably justifies the estimates and forward looking statements.  We need to see the sales in $15-20mil range, with at least 85% of existing facility completed and

[HouTx220]

Maybe I'm in the minority, but graduating to the TSX changes things immedietly!  I don't know if it will reflect in the SP on day one, but it's no doubt finacially beneficial.  Once listed on TSX, additional benefits may include: Increased access to capital Enhanced reputation from meeting the minimum standards of a senior exchange board Greater visibility

[theTransporter]

Now if I was Nav, I would blow the share price out of the water by releasing Q1 financials afterhours on Nov 27, releasing a new release pre-market on Nov 28 stating that Health Canada has approved an additional 100,000 sq.ft of grow space with the remaining to come online by end of December.  Then afterhours on Nov 28 release another new release indicating an uplist to the TSX commencing Dec

[OptGreen]

I like it Trans, how do we make it happen?....I would imagine if all the longs went to the AGM and voted all their shares on such a proposal, attention would be paid to our plight!!  lol, JMHO....Opt

[OptGreen]

Agreed Hou and no one wants to see FIRE uplisted to the TSX, the NYSE and as many of the stable exchanges globally as soon as possible than I....but with less than $9mil gross sales historically seems to weak to me to realize any substantial or sustainable gain, not too mention they need to be spending all their resource capital available in producing, selling, shipping as much herb as they can