I don't think people realize the devastating effect this crisis is having on the global economy. The greatest economical minds in the world have no idea what the new normal will be, therefore the so called expert analysts don't have a clue what's is happening.
The one thing I know is the cannabis industry is one of the least impacted industries, and Supreme with it's mediocre market cap and penny stock status keeps on delivering.
With it's cost saving initiatives, it's transition from B2B, international exposure, vape etc etc and financing in place for the foreseeable future, Supreme appears to be structured to survive this crisis.
If they can deliver an acceptable Q3, with positive news regarding the progression of the company, and can show steady Q over Q growth this company could surprise a few investors.
Many young investors haven't experienced economical crisis, I've experienced a few and strong fundamentals, superior management, and experience navigating turbulent times have been key for many companies. I like the fact Colin Moore is presently steering this ship during this crisis.
The industry and the global economy is extremely volatile and will be for some time, but with most companies attempting to restructure during these extremely difficult times, Supreme is getting stronger by the quarter. Could be an interesting 12-18 months. Gonna be an interesting ride, we'll find out what this management team is made of.
IMHO