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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 BCmountainman on Jul 20, 2020 1:01pm

Company

This stock has not had a good green day in over a year. Fantastic job on creating sharehilder value management job well done not.
Comment by Stongy79 on Jul 20, 2020 1:23pm
I agree it can be very frustrating if you're trader and want to make quick coin. I'm not a trader, I'm an investor!   I'm here for the long term because I honestly think they have more going from them than any other mid to large sized LP, sure the craft growers are going to have better bud but I can honesty say that 7Acres bud and oils and their concentrates will beat ...more  
Comment by OptGreen on Jul 20, 2020 2:39pm
Spot on Strong, what you speak to are sound business practices and a better than competitive product menu, with a completed, 'right sized' state of the art facility that is just starting to produce and maximize its potential in a brand new market that will be as big or better than .COM and globally. The correction for the Short selling is going to be a big shot in the arm for the sector ...more  
Comment by Method on Jul 20, 2020 2:53pm
  Anyone in for the "long term" probably ends up in a better place in 15 months with the FIRE.DB. You will probably end up with more shares then you have with the same dollars invested or you will make 4x your money, Both outcomes seem like a better risk/reward than the common shares over that time period.  You do give up liquidity for what is almost certainly higher ...more  
Comment by vulcan123456789 on Jul 20, 2020 3:13pm
you have a dif opinion then.the longs is all.. to each their own good luck for us all with the exception of the short crew.. jmho cheers
Comment by BCmountainman on Jul 20, 2020 3:23pm
You have correcy
Comment by theTransporter on Jul 20, 2020 3:37pm
Method's advise on buying debentures is very logical. More than likely the company will settle their debenture debt with re-negotiating a much lower conversion price to entice debenture holders to convert vs. paying them out in cash upon maturity.  This is a win-win for both debenture holders and the company, but not good for common shareholders who's shares will become more diluted ...more  
Comment by BCmountainman on Jul 20, 2020 4:41pm
Comment by RealistGhost21 on Jul 20, 2020 7:26pm
Method if the §P do not reach over $2,45 CAD you won't get any shares at all.
Comment by brentkosta on Jul 21, 2020 9:37am
This post has been removed in accordance with Community Policy
Comment by Stongy79 on Jul 21, 2020 9:42am
100% I'm a bag holder, if that what long term investors who average down to get more shares in something they believe in, then fn right I'm a proud BAG HOLDER! What are you Besides a super negative person who has nothing better to do than troll this board to try and spew cra* about one of the only stand up LP's in the game? lol, seriously you guys make me laugh, Rome wasn't ...more  
Comment by watchmeplz on Jul 21, 2020 11:01am
In my opinion, it's been years since the holy "legalization" and no one can make a legit profit but yet the day is still coming? LPs are cutting their facility production, reducing grow rooms and selling assets, but yet this stands out.. how? Because they bought an expensive trimmer and now can't claim high end product? Because they sign KKE which no one knows about, cant market ...more  
Comment by brentkosta on Jul 21, 2020 2:39pm
This post has been removed in accordance with Community Policy
Comment by Stongy79 on Jul 21, 2020 3:51pm
You look at the glass half empty don't you? As long as there is more money in those bags than I started with I'll be happy! 
Comment by Method on Jul 21, 2020 4:14pm
I'm not a proud bag holder (but still a bag holder) but at least they fill the bag with cash every 6 months in the FIRE.DB.
Comment by Stongy79 on Jul 21, 2020 4:18pm
Lol, yeah I probably shouldn't have put Proud Bag Holder, I just get annoyed by the constant need to put this company down, there must be a good reason for that!   GLTA 
Comment by brentkosta on Jul 21, 2020 5:53pm
This post has been removed in accordance with Community Policy
Comment by watchmeplz on Jul 21, 2020 6:54pm
In my opinion, just be careful on the liquidity. Once everyone jams the sell button together that puppy gonna be worthless. Way better than the debt side of the transaction no doubt, should they have the ability to continue past expiration which the under par pricing is suggesting risk. All the best though, I'm confident you'll make the right moves unlike a lot of the others here.
Comment by vulcan123456789 on Jul 21, 2020 7:32pm
a bit of good news in the sector.. or we beat targets.. stores ramp up faster.. anything can cause everyone to push the buy button.. would not want to be in your position.. lot more room for upside then there is for downside.. I trust you will make the right decision. if not get dads advice .. jmho
Comment by brentkosta on Jul 21, 2020 8:20pm
This post has been removed in accordance with Community Policy
Comment by vulcan123456789 on Jul 20, 2020 1:25pm
its a buying opportunity bought more today at .255.. hold till time comes. couple quarters will change things.. I not worried it's the shorts who should be worried come sept..jmho
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