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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) > What to do with 20 Mil
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Post by valuetrader17 on Jan 29, 2021 11:39am

What to do with 20 Mil

I'm not too concerned about this dilution or MMCAP being the principal beneficiary...besides there's an argument for ensureing that those that fund you growth will always benefit...that's what keeps them interested.  

Personally I'd like to see supreme enter retail with their own branded chain of dispensaries...HITI and FAF are the main players in Canada so far and it would be good for supreme to be more vertically integrated and get more return from their own supply chain.

Comment by johnale on Jan 29, 2021 12:06pm
Volume is insane today too. 23mil...... not even half way through the day.  Cashed up, de-risked - time for supreme to get its due. This needs to run to .40 now.  How many Reddit forums do we need to get this out there to. It's not even a pump - it's just to get in line with peer valuations!!!'n 
Comment by OptGreen on Jan 29, 2021 12:34pm
Agreed joh,huge volume so far with a lot of buying at $.17....add what sounds like plenty of news through to the 11th and action with product shevled at Shoppers any day, they are loading 20 new SKUs per day on the site I hear. Good numbers on the 11th should give the SP some serious lift but there could be much better in the docs and tel con...with guidance flat to weak won;t get it done, we ...more  
Comment by Nearnorth1234 on Jan 29, 2021 2:48pm
almost 17 million now just on the TSX, surely MMcap must be close to finished selling by now?? and the ATM??
Comment by maritimedreamer on Jan 29, 2021 2:49pm
Yeah the volume is insane!