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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) > Complete disaster from Supreme's management
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Post by RealistGhost21 on Nov 14, 2019 6:15pm

Complete disaster from Supreme's management

No excuse from Supreme,

They did not even get half of the analyst expectation. Only $11 millions in revenue serioulsy???
It is not even 2000Kg of pot siold at $6/per gram. Doesn't make sense at all.
Also, I can see the hypocrit announcement from the Management by showing up first the $90 millions credit they got from BMO instead of showing the earning of only $11 milions and the $5 millions lost.

IMO, I suspect a fraud here from compagny. I hope the AMF will initiated an investigation.

Too many things happen recently that do not make sense like the noncompletion of the 7 Acres facility still after more than 6 mouths overdue they still haven't got the approval form Health Canada for the remainig room to reach 50 000Kg.

It is not true that Supreme as good fundamentals the proof is that they do not communicate well and they do not respect their shareholders at all.
Comment by MaxTMaxT on Nov 14, 2019 6:24pm
BS...look at some of the other LPs....Aurora for instance lost 44 M compared to 27 M last quarter....all the MJ stocks had  difficulyy during the last quarter market conditions..when the market stabilizes FIRE will reign SUPREME   Cheer$$$$$,,,and F#$@K all the bashers LOL.....MaxT
Comment by RealistGhost21 on Nov 14, 2019 6:30pm
I do not believe we will see a SP of $2 again even in 10 years from now. I expect a complete dsaster incoming. They are not making any profit and they can't even sell their product (too expensive). 
Comment by watchmeplz on Nov 14, 2019 6:46pm
Your absolutely right, bloodshed until Canada corrects what they've wronged and every step like the allard and parker lawsuit canada takes, good or bad, going to be litigation for years to come, this will have 50x rollbacks before canada figures there shite out. The provincial distribution is the ONLY place recreationally the LP's can sell to.. what does that mean? They cap your margins ...more  
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