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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) > Great interview on BNN
View:
Post by Pedal2themetal7 on Aug 13, 2019 7:35pm

Great interview on BNN

Regarding associations with major alcohol/beverage companies, might have been a trigger influencing SP some time ago, but the Canopy's debacle with losses which caused constellation to step in, shows that unless a company has strong fundementals the investment doesnt count for much.

Opt has been steady with his analysis of this company from the beginning, and with todays release, I believe hes the most accurate on this board. We have different styles, at the beginning I was approaching the company as a penny stock, which required market reaction. I began a more technical approach the last couple of months, and with todays release I strongly believe this company has all the tools necessary to succeed. Those numbers are concrete, I really don't care about partnerships with alcohol/ beverage companies, earnings will dictate the SP. With 19 million for Q4 and the projected numbers for 2020, I believe the warrants are a none issue. As I mentioned before I don't expect the SP to sky rocket, but I believe it will gradually increase between now and Q1 2020, at which time it should improve considerably . Today's release has taken Supreme to the next tier, and it hasn't touched EU, which is an immense market. Anyone with experience investing knows that earnings is key, and there you have it. It won't happen overnight, I'm looking at holding quite long. IMO
Comment by Toorealistic5 on Aug 14, 2019 12:00am
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Comment by George141 on Aug 14, 2019 7:47am
./..one thing for certain... Toorealistoc you have not been here for 3 years...and if you have it was under a different name...as in a" horse of a different feather". as for past predictions...judging by the company predictions of 150 to 180 mill....I would say $4.00 would be a low estimate for share price...we.re up .30 cents in less than a week...in fact 4 trading days...so change the ...more  
Comment by brentkosta on Aug 14, 2019 8:41am
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Comment by Toorealistic5 on Aug 14, 2019 8:52am
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Comment by Toorealistic5 on Aug 14, 2019 9:04am
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Comment by MAILman on Aug 14, 2019 9:17am
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Comment by George141 on Aug 14, 2019 9:25am
...brent...in 2014 shares were 8 cents and less.. I was there. Then after the 5 to 1 reverse split it went to 40 cents Around 2016 the share price was well under 1 dollar. there were lots if twists and turns to get where we are today..You had Justin Trudeau get elected ,licencing issues, development of sights , acquisitions, legalization...I can't think of any other industry that has had so ...more  
Comment by brentkosta on Aug 14, 2019 12:02pm
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Comment by clearvision1956 on Aug 15, 2019 9:48am
They have a great operation however the over dillutive financings and bad decisions on money spend has weighed them down. predatory financings from MMCAP are absolutely true. Too many mistakes to unwind. I will give one thing to them, they stuck together and are trying to make moves. i think this is a buyout opportunity by any player outside canada trying to get in. but Canada doesn't matter ...more  
Comment by George141 on Aug 15, 2019 9:58am
...the whole sector is taking a pounding...all this talk about recession has the market scared. It is a buying opportunity...I have my bid in,...it's the old saying "sometimes you're the bug...and sometimes you're the winshield...have to ride this one out...in the mean time i'm looking at a ZL1...if I buy it I'll lay a 100 ft patch of rubber in Supreme's honour ...more  
Comment by OptGreen on Aug 15, 2019 2:55pm
That's the spirit Geo, was looking at those Hellcats and thinking maybe now that I have been off the sauce for 30ys+ it might be some fun when the SP is north of $4 but even without the oil I still see more problem than happiness for me....did see a 60yr+ old pull up in a brand new Vett loaded to the nines when in the city the other day, it does look good for the reasonablly sane and ...more  
Comment by OptGreen on Aug 14, 2019 12:33pm
You are spot on Geo, anyone that doesn't see the reality after yesterday's update from Dhaliwal is never going to understand, can't imagine anyone holding short here. One thing many can't get their mellon around is that some how FIRE is behind the rest....market cap in this sector is meaningless as the sector is in it's infancy and there will be a totally different line up and ...more  
Comment by Tomharley on Aug 14, 2019 9:46pm
Ohhhh you are an idiot with a wack of excuses. Give it up moron.
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