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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) > Fire is undervalued!
View:
Post by johnale on Jun 11, 2020 3:32pm

Fire is undervalued!

It has a NAV/share of 45 cents after being AUDITED.

selling at any price below that is like throwing money away. 


cover while the market is taking a bath .... but this company is only improving from here. 

In the event of a takeover - canopy/aphria/tilray - it would be at a premium to that as well.

Comment by OptGreen on Jun 11, 2020 5:14pm
Agreed undervalued joh but $0.45 is a fire sale asset value, this company is a going concern with plenty of upside and if not the top gainer close to it as we ramp up to full production. But a takeover, how can you see that happening? Any thing is possible but Supreme doesn't need anything but execution of business plan and that is amply underway as we speak. Beena wouldn't have pulled up ...more  
Comment by vulcan123456789 on Jun 11, 2020 6:53pm
agreed opt... but supreme needs to do a much better job to promote themselves to investors.. as well the public.. more frequent news releases will also help.. when new product is introduced put out a news release and take that opprotunity to update on sales give us a tidbit of how things are doing.. I.e. rosin is now out here and flower and prerolls are selling fast with huge increases .. or h and ...more  
Comment by RealistGhost21 on Jun 11, 2020 7:05pm
I agree that it is OVERVALUED not the other way around.
Comment by OptGreen on Jun 11, 2020 10:08pm
I think FIRE is in better stead than ever newV and I am not panicked in the least of where we are today, nor am I attacking or disagreeing with joh...Beena is very focussed on maximizing profit and SH value but we need to let her get started before we can expect change and growth. FIRE has done as much or more on the business marketing side, including promotion, in the last 6mos than the last 4yrs ...more  
Comment by johnale on Jun 11, 2020 9:16pm
I obviously agree OPT - no chance this is being sold - I'm just responding to the shorts that in the absolute worst case scenario this company even today is worth significantly more than where it's trading.  we do need solid growth and solid revenues for q4 to really make a move.  so I do expect guidance after the quarter ends at some point - as it's q4 and official ...more  
Comment by OptGreen on Jun 12, 2020 1:39am
I think so and thought I would support that, but on the growth it sure looks like product, stocking shelves and increasing product lines along with overall footprint to me and if this continues through the end of the month we are going to a very solid Q over Q gain. Agreed we will see guidance in the reports from here on for the most part and this Qreport will be quite interesting for several ...more  
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