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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 will close this year
View:
Post by theTransporter on Dec 24, 2020 12:51pm

FIRE will close this year

as the most UNDERPERFORMING cannabis stock in the sector.

Sad.

Hope 2021 is a complete game changer for Supreme.  Part of that will be their leadership actualy giving a sh1t for shareholders, and taking action to address factors that are hurting their stock price unecessarily.  Primary factor is the ATM that is still open.  To me, if they didn't need the money, they would have closed it.  Something tells me they need that money otherwise there is no logical reason for it.

All other cannabis stocks have put some distance between their 52wk low and their current SP.  Supreme just likes to stay close to it.

Last day of tax loss selling is on Tuesday December 29.  I like to see some more green going forward but it's in managements' hands to make it happen.
Comment by Nearnorth1234 on Dec 24, 2020 2:08pm
very sad ....
Comment by watchmeplz on Dec 24, 2020 2:14pm
In my opinion, maybe you missed all the reasons I was talking about previously, this literally has no chance of breaking through this, have you noticed black market cannabis slashed prices again? next quarter going to be stockpiles too the moon as the black market or should I say licensed differently market gets stronger with prices they can afford to slash down to.
Comment by watchmeplz on Dec 24, 2020 2:19pm
Oh, btw, incase you guys wanted the link the new native indigenous bloom opened up in Abbotsford right on highway #1. I believe their going to line the highway with adspace as that's all native land too. For the rookies, this is another unlicensed native store with cheaper pricing and NO TAX, with only more and more opening daily, have fun dealing with that one government and LP's, but ...more  
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