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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) > Coocked Turkey dinner...
View:
Post by WCoyote on Jan 21, 2020 2:39pm

Coocked Turkey dinner...

The fundamentals for the company are outstanding.  There is no arguing that.  However, as most of you know, the fundamentals don’t amount to much these days.  Perception is everything.  There have been too many tiny little slip-ups on the part of Supreme over the years.  They also have a penchant for over-promising and under delivering.  Never a good thing in a perspective game.  It’s stuff like this that has given Supreme a bad reputation and all the great financial fundamentals in the world don’t stand a chance against a bunch tiny “Uh-oh’s” and unrealized promises.

It’s going to take a lot to turn this around.  A good quarter, or even profits are not going to do it.  It needs a face lift and can of paint, if you know what I mean.  This won’t happen if the management teams don’t care about us, their investors.  They do not hold much of a stake in the company, so there is no incentive to correct the market perspective.
Comment by HitBids on Jan 21, 2020 3:00pm
The new interim CEO Colin Moore will go a long way to fixing that sentiment. Retail investors might not realize the substantial importance that this change has made, but major banking and other big brand companies do.
Comment by OptGreen on Jan 21, 2020 3:58pm
Agreed WC on the focus of past performance, the past has passed and the changes with Moore taking the helm will leave the poor performance where it belongs, in the past, but not forgotten for lessons learned. To not deal with the changes and the guidance is unrealistic, we need to see the results of the next 7mos to determine anything about today or the future...while the Fowler tenure was ...more  
Comment by brentkosta on Jan 21, 2020 6:49pm
This post has been removed in accordance with Community Policy
Comment by MaxTMaxT on Jan 21, 2020 9:25pm
Supreme has Never Overpromised ..they hhave always been Consevative in their estimates.
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