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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 OptGreen on Oct 08, 2019 5:39pm

All is Well

The sky is not falling and won't be, Fowler is not going anywhere and sales are starting to roll in....should see the in-house packaging impact by the end of FQ2. Sales number out in next couple of weeks will start to move SP north if within acceptable range in relation to guidance.

A couple of quarters out and the BlissCo license would have had much more impact than today, oils hitting the domestic market over the next couple of months and revenue realized in current quarter is definately material positive news.

It sure looks like the sector will be moving on fundamentals and minimal hype going forward and FIRE, if meeting guidance estimates, is an easy triple by end of FQ4....hard to see any other in the sector even close. Rewards for those that own, JMHO....Opt
Comment by Fastlane2 on Oct 09, 2019 6:30am
Agree with most of your claim except for Fowler staying, I think they have had enough of him and like a two year old he stamped his feet and sold off his stock. I believe he is an egotistical arrogant individual who is self righteous (most lawyers) and the slow removal is a blessing in disguise for all shareholders. You may give him credit for the work in the early years but the recent positioning ...more  
Comment by Dunworkin2 on Oct 09, 2019 7:04am
Well said.
Comment by OnlyOIL on Oct 09, 2019 7:11am
This post has been removed in accordance with Community Policy
Comment by maritimedreamer on Oct 09, 2019 7:57am
not sure if you are reading those tea leaves properly....... I don't see Fowler leaving any time soon (now could be totally wrong here) but i believe your impression of Fowler is far off...... So you say he is taking retribution on Supreme for what? and at all time lows? He was selling at much lower levels then he could of.... i believe this is more of a 'time in his life' then a 2 ...more  
Comment by George141 on Oct 09, 2019 8:21am
I personally would like to see John Fowler stay on. If he had a solid reason to sell (like buying a house) then good for him. hopefully he has a huge backyard with a garden to grow "tomatoes and peppers"..and a couple of German Shepherds to keep the "rabbits" away. I am sure the man knows what he is doing...he has done wonders for Supreme. maintain
Comment by Fastlane2 on Oct 09, 2019 9:02am
maritimedreamer said ".....I think this story is getting blown out of proportion..... If he was buying more shares would that justify a promotion?" Selling portions of his portfolio near the middle or the top in small quantities is usually the normal course of action but a large quantity at or near the low is an indicator of something more. You can spin your thesis I will spin mine but ...more  
Comment by Southybird on Oct 09, 2019 10:36am
I agree with Fast on this one. We (long-term) shareholders haven't sold and are still accumulating. I know I am at least have been up until and including last Friday. Great to see others within the company supporting the vision as we head into Cannabis 2.0. A stronger managment team is what is needed to attract more long-term holders including investment funds.  If people truly ...more  
Comment by maritimedreamer on Oct 09, 2019 12:26pm
i think yourself and fast are making good valid points here..... i need to be more critical of SUpreme (a hedge) to make sure my emotions does not outstrip reality. That being said i'm certainly a true believer in supreme.... and to me it all starts with the finished product.... which we all know is top shelf. That being said, i was certainly not happy AT ALL with fowler dumping as much as he ...more  
Comment by Fastlane2 on Oct 09, 2019 2:06pm
An honest and constructive reply maritime and nothing wrong with being brutal honest with a company even though you strongly believe in their fundamentals and future endeavors.
Comment by maritimedreamer on Oct 09, 2019 3:33pm
thanks fast, and don't get me wrong i very much appreciate your input even though it may not be what i wanted to hear, i still need to hear it anyways.... this beeleding of potstocks is absolutely amazing.... i'm concerned where this SP will be going short term.... but that concern should dissappear if i look at a longer time frame out...... i was really hopeful to cash out this year or ...more  
Comment by OptGreen on Oct 09, 2019 12:51pm
Agreed Fast except for the Fowler part, what Linton did and where he was going was going to end in disaster. With Fowler they have restructured their management system and have moved the team into areas that are the most suitable/ productive for the company as a whole, of which Fowler was a part of as well. They have had to go through a learning curve, like all in the sector. and have made ...more  
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