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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 jfogarty12 on Jan 29, 2019 3:48pm

the list

Organigram's 12 million sales for the quarter  vaulted them to  number 6

on  the following list  ...WHERE WILL  SUPREME  end up  after  the next set of  numbers

due within  a  month?


https://www.newcannabisventures.com/cannabis-company-revenue-ranking/



https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
Comment by nearnorth101 on Jan 29, 2019 4:10pm
I think we will see $15 million slaes with the next financials 
Comment by Tomharley on Jan 29, 2019 4:37pm
This post has been removed in accordance with Community Policy
Comment by guttock_cp on Jan 29, 2019 6:35pm
I hope so, their quality is more acceptable and consistent than canopy. If they are earning 1/5 of canopy then at least SUPREME market cap should be 4Billion. Either supreme is undervalued or canopy is overvalued.
Comment by nearnorth101 on Jan 29, 2019 7:04pm
I think it's a combination of both, Supreme is way under valued and Canopy is over valued based on it's sales
Comment by Finnishflash101 on Jan 29, 2019 7:12pm
Supreme/7 ACRES SP is at this moment close to it's True value. Within a month ,most likely ,the SP needs to be a lot Higher to reflect realities then. To fairness sake we cant compare Supreme and Canopy just based on current sales numbers. Canopy is much more than a producer of cannabis. By the way I dont own any shares in Canopy. I been purely Supreme guy for 3 years 11 months.Go Supreme ...more  
Comment by nearnorth101 on Jan 29, 2019 7:22pm
When the next sales numbers come out if they are around the same as OGI we should be a 1 billion to 1.25 MC company, include the future potential over the next year or so and we should have a much higher MC then that
Comment by guttock_cp on Jan 29, 2019 8:20pm
Out of curiosity, how do you do market valuation? I usually do it from net income)x 10 years b/e or production output x avg price x 10 years b/e or use benchmarking approach. That is why P/E or P/B is important. They are definitely more than producer. It is just branding and propaganda. They suck at producing cannabis. Having multiple locations will increase that variance in production because it ...more  
Comment by OptGreen on Jan 29, 2019 11:09pm
Agreed Finn, FIRE currently is a ~$20mil per year company and SP is close to FMV but this will change with the last 1/4 quarter report which should give us a triple in the $40-60mil/yr range and this is just the start, with 12mos out estimates at ~200mil+/yr.....FIRE & WEED are not comparable in much beyond being in the same sector. FIRE will not be operating millions of sq ft and maintaining ...more