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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 Pedal2themetal7 on Feb 08, 2020 1:46pm

Sorry Guys

Opts, I'm not sorry for anything, had a long day yesterday and when I saw Sorry Guys for the subject on many messages I wrote it in my subject.

When it comes to the15 million figure, it is strickly my personal acceptable number. I don't like predictions due to many unknows and unpredictable obstacles, expenses etc etc.  Do I believe everything is in place to achieve 20 million +, of course I do but there has been a number of transitions experienced by the company, and probably challenges not privy to investors at the moment which could affect the final outcome. I'm always conservative with my own predictions. Just being realistic but also hopeful they will achieve a good quarter.

With a large number of LP's having experienced high profile negative exposures the investing community is reluctant in investing until the industry can prove it can be a profitable venture. 

I've researched the timeline for a number of companies, and in my opinion Supreme plus two others are probably in the strongest position to succeed. 

Will they succeed, IMO it is too early to tell, but they sure have numerous pieces in place supporting they can succeed. No reputable professional would put their reputation on the line for a company not expected to succeed. To date Supreme has kept a low profile, and worked tirelessly to establish themselves as the leading producer of premium cannabis at scale, which I believe they have achieved, without drama while maintining integrity and professionalism.

The management team is an impressive group, and with this world class operation completed and fully operational I believe they can achive it's goals.

But again, it is a volatile industry in its infancy, and still a lot of unknowns ahead. Only the companies with the flexibility to manoeuver and adapt to those unpredictable obstacles will survive.  IMHO
Comment by OptGreen on Feb 08, 2020 3:27pm
Agreed Ped and was just asking about what you were thinking with the "sorry", thanks for clarifying...your assessment is very reasonable, while remembering that everything on the board is talk/ opinion, with the exception or NRs and other fact based info. I may be leaning more to the upside to some degree and while I agree we could as easily as not see $10mil for the period, I see much ...more  
Comment by Buggered123 on Feb 08, 2020 10:02pm
First off I have held this stock for 3yrs now. And I'm am so frustrated with this company. I actually like hearing what transporter, bk, dub and what a few others have to say and there opinions of this company. And you guys say what you want about tommy, but he has made predictions in the past when this stock was over 2 bucks and what direction it was going and even how low it would go and ...more  
Comment by OptGreen on Feb 09, 2020 12:04am
Offended, Bug I appreciate your feedback and honesty but remember I have the same problem, it has been too long for me as well.....not too mention still holding better than 95% of my shares and I have a lot of shares riding on this stock, of which is neither to brag or seek pity. I could have sold it all anywhere north of $2 and had more than I needed but didn't see it getting down here. So I ...more  
Comment by Go0B3r on Feb 09, 2020 1:10am
Hey BUG you hypocrite , WEEEEEEEE!!!, you held that piece of sh!t ACB while telling others not to sell, now you sold and want in on this stock a bit cheaper so you decide to redicule guys doing exactly what you've done past cause you're frustrated?  What a joke.  You don't deserve the 1's and 0's.. I'd call you a part of the twatwaffles, but you're just a ...more  
Comment by Buggered123 on Feb 09, 2020 6:12am
yes goob I "owned" both cgc & acb and I made out better then I could of imagined on both of them. The road they are both down now, I wouldn't touch either one of them personally. june,July and aug. of 2018 were some great times to make  money, especially if you owned cgc. I bought a ton of  acb @ $1.90 yrs ago and got out in the high 14's almost the peak.  ...more  
Comment by maritimedreamer on Feb 09, 2020 7:43am
Morning bugger, IMO you may of answered your own question about Supreme in your post. “Personally I think supreme is a way better company then both of those, I like their method of growing in small grow rooms, there product compared to cgc's and acb's there's no comparison." Some people here believe Supreme created long term value for shareholders by not creating a house of ...more  
Comment by Vulcan on Feb 09, 2020 8:35am
Comment by Buggered123 on Feb 09, 2020 9:20am
Good morning Md   I have kept up with your posts over the years and actually have a lot of respect for you because you come off as a genuine. And seem just as concerned. I don't think there is anything wrong with me expressing how I feel about how this company is being run. That's what this platform is for. I as an investor would like to hear more out of the company. How about ...more  
Comment by Bever73 on Feb 09, 2020 2:50pm
Moore is likely the reluctant winner of the iron throne. I think nav and john got canned for all their chitty purchases , backwards vision and lack of communication. Now the sector is in a chitstorm....dust of your crystal ball and forecast what they will be fetching 18mon from now and then buy /sell. I see huge oversupply and a cutthroat environment which will favor the biggies.
Comment by OptGreen on Feb 09, 2020 2:17pm
Agreed md and you would think based on 7acres as a template and the automation upgrades, CPG etc that we may see more grow area added by next year....maybe Stateside? Like you say it is not easy to grow quality herb on a consistant basis in quantity on a consistant basis...if we are to see the FIREmenu on shelves across the country, and stocked at all times, generating sales in the $70mil per ...more  
Comment by Go0B3r on Feb 09, 2020 9:24am
Thanks Bugg, just needed you to confirm you're looking for cheaper shares.  I'm guessing, as your investment account stands, if you were to start buying now you'd pop this stock up into the 50's on your own.  I'm also going to guess there are more people like you out there than are willing to admit on these forums(smart of them), specially with the pending doom ...more  
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