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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 Feb 25, 2019 5:50pm

Smile be happy

Aurora announced today both it's Aurora Sky and Medreleaf facilities are now fully licensed by Health Canada for production and sale of Cannabis and cannabis deriative products, adding over 128,000 kg per year.

Aurora Sky
With the entire facility cultivation space now licensed by HC, the companyanticipates the facility to be fully planted in March 2019, with full impact of product available for sale to be realized by end of June 2019.

MedTReleaf
Anticipated to be fully plantedby early April 2019, reflecting a production capacity of 28,000 kg of high quality cannabis per annum.

So HC was in Kincardine to approve a few rooms, but didn't complete the inspections of already completed rooms!!!!

And then the Aurora NS states that everything at their end is now approved.

This is not a negative post, it only makes me question what are we dealing with, nothing was really explained regarding the completion delay, the RS, no updates on  Lesotho, Ultra premium.

By Q3, the major players will start showing strong results, and by Q4 the market will show who will survive. 

With an average Q2, and unless something changes, it would appear Q3 will also be average, I know the hard core supporters have confidence in this company, but as an objective investor, the company hasn't instill much confidence in me. I was confident in the fall when I believed the construction would completed by end of 2018, which could have given us a good Q2, and excellent Q3, giving the company strenght and momentum, claiming its status as the leader in the production of premium cannabis in the country heading towards Q4.

No hype, limited exposure, no updates, I'm not sure how this stratedy is suppose to attract institutional investors.

IMHO
Comment by OptGreen on Feb 25, 2019 6:54pm
Where do you get this bullshite Ped, who says they "didn't complete the inspection of the already completed rooms"?....they approved 3 rooms. ACB and LEAF could be producing 500,000kg per year, most will walk by to the FIREherb shelf to buy, what's your point? Not to be concerned about FIRE, check the % gain on investment 12- 16mos out on any in the sector and compare with FIRE ...more  
Comment by Toorealistic on Feb 25, 2019 6:59pm
This post has been removed in accordance with Community Policy
Comment by Go0B3r on Feb 25, 2019 7:20pm
What side would that be?
Comment by Toorealistic on Feb 25, 2019 7:24pm
This post has been removed in accordance with Community Policy
Comment by Pedal2themetal7 on Feb 25, 2019 7:27pm
If they have been inspected, why aren't they producing!!!!!   where is the update explaining anything to the shareholders. The only thing I'm getting at is companies have to be ahead of the competition, especially a small company like Supreme.  Once the big hitters start showing strong financials, if the smaller companies don't have their own identity, and market reaction ...more  
Comment by OptGreen on Feb 25, 2019 8:55pm
Now they are not producing, like where do you come up with this shite?....update to SHs, did you not get the report?....or do you have a position in the company? You need to bone upon the company because they have never intended to compete on grow area, they don't need any more than the area planned to compete and win at the till, where it counts. As they iron out all the start up issues ...more  
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