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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) > Looks like we're in for the long haul..
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Post by George141 on Nov 14, 2019 5:36pm

Looks like we're in for the long haul..

..overall I for one accept that this is a long term investment...Too many iffs and butts..but at these levels one would have to be foolish to sell..besides is there a better company out there/...Canopy is now being investigated for fraud...possible class action suit in the works. So you know some of that investment money may be coming to Supreme. Overall the quarter did have some positives. Will the price crash from here ...I don't think so...we are priced at almost 4 year old levels...with a heck of a lot more going for us than we had 4 years ago. The company is diversified in Europe as well...so there will be sales there as well. It is true that many countries are growing pot...but with the benefits of pot medicinally and recreationally things should go well. Yes I am somewhat disappointed but yet I remain hopefullRome was not built in one day...maintain
Comment by watchmeplz on Nov 14, 2019 5:49pm
Its more expensive to get product to europe, more licensing to deal with european GMP certifications, margins are even tighter than here in Canada. LP's were always touting international plans because they found out Canada completely destroyed the industry and then realised they can't really go anywhere else except into hemp like WEED because margins and the play doesnt make sense, no ...more  
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