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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

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Post by Pedal2themetal7 on Nov 27, 2018 10:26am

Down

MD until this stock experiences traction, it will continue to be manipulated. Sad but a legal maneuver in this country.

Unfortunate we couldn't be competitive last year when a large number of companies, gained ground with market cap and SP.

It is now an uphill battle for this stock, the timing of implementing their strategy, means everything at the moment.

I believe the NR regarding an update on the expansion will be a strong indicator.  If it fails to generate positive results, it will show that we're at the mercy of the hedge funds/insiders, and the original retail investors are being taken for a ride.

If we grow organically between now, and September 2019, retail investors will benefit from this company, but if it fails organically, the proposal of RS etc, will only benefit financial institution/influential investors.

If a RS occurs when organic growth failed, I don't have 5 years to wait for the company to reach $10.00 to $15.00 a share to make a few dollars.

We all realize this company has strong fundamentals, growth etc etc etc etc etc, but investors are in to make money, will see what the 1st half of 2019 will offer the retail investors.

Hope for the best, prepare for the worst.
Comment by OptGreen on Nov 27, 2018 1:34pm
Sales is the main driver for traction at this stage of the game Ped, and the first real market FIRE sales report is not due until the end of Feb '19, although we should hear something in the interim. There was no "couldn't be competitive" last year, but chose not to be competitive, as the business plan was to be open and competing in the legal rec market, which had/ has more ...more  
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