Supreme Cannabis Company Inc. (The) T.FIRE

Aph double digit loss

[Awsm11]

double digit loss with aphria
11-12 mm in revenue.
Why is FIRE so down...

makes no sense.

[watchmeplz]

Because extreme outside pressure in Canada from acmpr personal production licenses, from illegal grows and shops, from having a crazy valuation at 400+million having people that think pot is cool let’s invest somewhere driving the share price up in the beginning, combined with the low revenue not only from this but the other sector LPs from full market saturation from acmpr licenses, having 300

[WCoyote]

Straight out of your butt again, eh? Fact: Share count is immaterial.  Market cap is what is important.  A $400M company is a $400 company whether it has 1 share or 1B shares. Fact: A market cap of 2.2x projected revenue is perfectly reasonable.  Especially for a company that is as young as Supreme and is just approaching their intended production/revenue levels.  In fact

[OptGreen]

Agreed WC, this is a sector wide correction and valuations are going to be based on fundamentals not hype. It has nothing to do with the ACMPRs in any way shape or form, the companies in this sector are going to have to clean up the losses and start showing profit or the ability to mainatin until they are in the green or they will not survive...like every other company in every other sector. FIRE

[maritimedreamer]

what i also find quite intereting is the verbage and the indicators that the 'analysts' are starting to use...... IE differentiated prodcut, Premium vs mid....... they are starting to see the light imo where the true money is going.... ie where the consumers are going..... any CPG company that wants to be successful needs to be able to effectively communicate their message to those

[OptGreen]

Agreed md but even the quality will not carry them into the future without profit, the hope or vision of profit will only add to how attractive they are in a buy out situation or they close the doors and head to the house....the days of throwing money at any LP because they were in the MJ sector is gone for good and valuations/ SP will be determined the same as every other industry going forward.

[JasonArethis]

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