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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 Nov 22, 2019 12:16pm

Solid Move Forward

It is sink or swim time for the sector, players will have to have the ability to generate solid growth on strong revenue and healthy net margins...Griese looks to have the pedigree necessary for the company now that it is ramping up to full production here and across the pond and over a short period of months.

Just had to add a little at $0.73, 20k won't move my balance to any significant degree but just couldn't let it pass, when I didn't think we would see these SP levels again, it's the principle of it all.

Add KK, Pax et al, the KKE oil is lovely, to the finest menu in the industry and the balance sheets over the coming quarters are going to put plenty of lift in the SP. Getting the current grow/ production assets operating at full production, especially the in-house packaging is going to push FIRE to the front end of the pack. The FIRE story is about to be written as it should be and there will few if any that will realize this level of growth and reward for those that own over the next 12-18mos, JMHO...Opt
Comment by watchmeplz on Nov 22, 2019 12:29pm
Have fun with the remaining 50mil each quarter to hit guidance. Wonder what the share price is gonna do when they miss there mark? This is floating around book value of assets but what the investors here are missing et and al is that book value of these particular assets go for less than pennies on the dollar.. gonna get ugly here pretty quick folks protect your capital. JMHO.. watch   ...more  
Comment by OptGreen on Nov 22, 2019 2:08pm
Still trying to pizz down everyone's back and call it rain I see watch, and here I was giving credit for loading up but I see you couldn't find your azz whole with both hands and a flashlight. Yes I will have fun along with the rest that own as they hit $200mil per year and blow past that a year or so out...you sure spend a lot of time trying to convince everyone to sell FIRE when they ...more  
Comment by watchmeplz on Nov 22, 2019 2:18pm
IMHO, They just took out a 90 MILLION dollar loan, secured by the entire facility and are already into it 55 million paying huge interest. They just had dismal revenues of 11 mil, losing tons of dough on the quarter, when guidance was stating they needed to be roughly 30-40mil. They have a boat load of shares outstanding 350Million+ and no room left to dilute anything and facility not even done ...more  
Comment by George141 on Nov 22, 2019 12:30pm
...Totally agree Opt...if Doug Ford..opens up Uber style distribution system...750 to 1000 stores..well than the cream will rise to the top on no time. Coupled with recent developments on both sides of the border and good results should happen consistently. Met a fellow that works in a MJ store...he says Broken coast pot and the 7 Acres stuff (Supreme) are top sellers even though they are priceier ...more  
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