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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

Supreme Cannabis Company Inc. (The) > Having received final order
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Post by Pedal2themetal7 on Jul 12, 2019 1:57pm

Having received final order

Completely agree opt, once the earnings start to progressively climb,the SP will parallel earnings. At times there is a disconnect between the two, but usually earnings and SP are the best indicators.

Still has to attract market reaction, and investors, but if they continue with their strategic partnerships/investments, this stock will be a strong growth stock for years to come. 

I never wanted to write with technical terms, due to the penny stock status, and the risks, volatility attached to such stock. IMO the company is on the cusp of slowly moving to the next tier, as long as the earnings reflect the information provided regarding the status of their grow facility.

IMO if Q4 is favourable, investors will see the growth potential, and volume should increase. I believe it will be gradual, until Q1 2020, and if it is a substantial improvement, SP will reflect earnings, and the gap will close between Supreme and the top companies.

At the moment I believe this is the company with the strongest fundamentals. I’m not a user, therefore my ignorance regarding this particular market prompted me to make premature assumptions, but after researching and educating myself, I now fully understand the company mindset, and forward trajectory.

IMO still risky, but great potential.
Comment by OptGreen on Jul 12, 2019 4:20pm
It is always prudent to do the DD Ped as all stocks have a degree of risk even the so called established, Nortel was probably close to half of the TSX back in the day and as fibre efficiencies came along they were done almost over night...remember the losses well. This sector is based on an already proven product, albeit many new product lines and spin offs from the original flower today. I see ...more  
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