Supreme Cannabis Company Inc. (The) T.FIRE

My 2 cents

[Adam999]

Don't normally post on these boards but wanted to weigh in here.

Been in the industry for some 8 years and an investor in Supreme for approaching 5 years. Not sure why everyone is freaking out about them considering a reverse-split. Fundamentally it changes nothing for the company. If you recall they did a reverse-split maybe 4 years ago 5:1 and the stock has multiplied many times over since then.

Personally, another reverse-split could be a good idea. Perhaps they can line it up with the TSX uplisting, at which point eveyrone would receive new shares anyway. 5:1 would probably be too aggressive, something along the lines of 2:1 or 3:1 would be better imo.
Some pro's i think are:
- reset share price expectations, we've been range bound for some time
- flawed mentality of higher share prices meaning better companies
- may draw more institutional interest
- reduced supply of shares, remember ultimately stock market is supply/demand like anything else
- Most significant and clear benefit would be the shares would become marginable which would make the shares more attractive to many investors. Can use that marginability to leverage and buy more Supreme, which would increase share price.

Enough about that. I see Fowler and management are taking a lot of criticism which i feel is unjustified. Instead of focussing on hyping up their stocks and short term benefits at the cost of long term growth, they have been focussing on building core competencies and a high quality busniess well positioned for long term growth. This is what any management team should be doing and i'm telling you a lot of management teams in this industry have got it wrong which is going to cost their shareholders dearly over the coming years.

Supreme has been executing on their plans quite well since day 1. You will see Supreme start to shine through 2019 as proof of their execution comes in the form of revenue and strong net margins. Fowler has done a great job positioning the company, building the team and 7 Acres, probably among the best growing facilities in the industry.

I recently had the opportunity to inspect and sample some of the buds from the leading producers. Had Ghost Train from Aurora, it was quite disappointing. They claim premium product but it was light, fluffy, leafy, dry and smelled and taste like cat litter. Friend of mine dumped his Aurora holdings after that display. Perhaps I am biased but i can honestly say that 7 Acres Wappa was very good, and i don't often see bud of that quality throughout my 8 years of involvement in this industry.

We are quite confident holding our Supreme positions and feel they are relatively undervalued compared to the other market leaders. You will most likely see the spread between Supreme market cap and other leaders' market cap narrow in the short term.

Last note, a lot of these guys are really going to need to step up their game if they want to compete in this undustry. Some of these crappy products are inferior to what you can get in the black market and roughly 2x the price. They will not succeed based on that value proposition. Many, if not most people I have spoke to continue to stick to their original sources of marijuana (non-LP's) at this time. Fortunately for the legal industry, companies such as Supreme exist, have done their homework and actually understand the consumer, opposed to some just looking at a "$100B+ global market opportunity" with little clue of how to actually capitalize off of it.

Will continue to watch the industry evolve. Here's to people getting their act together and succeeding in this space.

(apologies for any poor grammar/sentence structure, typed this up pretty quickly)

Cheers.

[Costanza34]

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[Adam999]

More people can short, more people can also long. Shorting is a good thing really, puts pressure on the SP which creates opportunities for long term investors to buy at discount. Rememebr shorts ultimately need to buy back in anyway so effectively there is no change. Largely agree, however some institutions consider stocks under $3 penny stocks and may shy away from them based on that perception.

[Costanza34]

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[Adam999]

Shorting is good for markets overall. Clearly you likely bought in at higher prices and probably sit in the red, or are just disappointed with your investment performance. Let me point out, that if you have that little faith in the Company, then you probably shouldn't be a shareholder. Convertible debentures have an exercise price of $2.45 which is quite attractive for shareholders in

[Costanza34]

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[Adam999]

lol. Sorry had to post once more as you contradict yourself in this post. You said institutions have stayed away from Supreme, which is false, and you also pointed out yourself that MMCap invested $75m into Supreme in the latest bought deal which is an insitution.. They only earn interest while they hold the convertible debentures, and selling or converting the debentures at this point would

[Costanza34]

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[maritimedreamer]

Wow you are trying hard here. I’ll shed some light for you bc  apparently you dont know much about supreme. Your 2020 prediction is laughable at best. They spent three years onf acility to close it out, but more importantly they spent the time to master their craft in one of the compartmentalized 10k grow rooms. Each room is the exact same so they could expand out when needed. They have

[maritimedreamer]

i also forgot to mention my last point........ I do find it amazing how many key board warriors here are saying how management has made so many mistakes etc. Firslty, i would debate was is classified as a 'mistake' as many of us are not in the know of supreme's actual plan roll out. Unless you are a fly on the wall or on the board, noone knows.... not even majority of their meployees

[Costanza34]

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[maritimedreamer]

ahhh yes ...... my pom poms...... there are only two reasons why peope are on this stock=board..... A)they own Supreme shares and are here to share information and facts, because they believe in their investment. or B) people like you that come on this board and do anything to spin the negative narrative.    So again...... what you consider is a fail to many is actually runnning a

[Costanza34]

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[maritimedreamer]

so we are agreeing to disagree.... because i blieve and many others believe in Nav and Fowler and team.... same with al the top level board memebrs taht we have aquired over the past year. That being said you can believe what you want. But my last question is this....... why are you here if you so passionately not believe in this team? riddle me this........  i'm fine with my holdings....

[Costanza34]

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[smellmymoney]

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[OptGreen]

Very nice stuff Adam, couldn't agree with you more very informative, acurate and positive. The Medigrow operation has big upside potential but risk as well, at the same time will have big support as the CBD oil market has a big reach globally now and it is just starting. All good and getting better, drop by anytime, JMHO....Opt

[Gilbert90]

...Rememeber shorts ultimately need to buy back in anyway so effectively there is no change.... They don't need to buyback.  No where isit a rule where shorters have to buy back at some point. Believe me, if they are done getting all the blood they can squize from a compagny or a market, they don't car they will move to another compagny or market leaving a mess behind them.  

[Adam999]

Clearly you do not understand how short-selling works. When one shorts a stock, you borrow shares from a broker and sell them. To cover your position, you buy them back and repay the broker, effectively. Remember when Tesla and BlackBerry were two of the most heavily shorted stocks on the market and they pulled through causing what is called a short-squeeze. A rally intensified by short sellers

[Gilbert90]

@ Adam999  : I know how short selling works.  My point and you made it was they don't need to buy back the stock after the short transaction.  But they won't go back in this stock after the end of the transaction.  You know why???  Because if short selling was so good for investor and price share, everybody would be happy.  And it is not the case.

[Costanza34]

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