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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) > Beena is Worth Investing In!
View:
Post by Stockjayz on Mar 03, 2021 12:23pm

Beena is Worth Investing In!

https://www.newswire.ca/news-releases/supreme-cannabis-announces-financial-results-for-q2-2021-834019989.html

 Can't wait to see next quarters earnings!

Fire.ca (Supreme Cannabis) now has $40M + in cash on hand to continue to manufacture, sell to Shoppers Drug Mart, sell Internationally, and even supply other brands like Tilroy!

Beena is VERT smart, and she moves where the money and margins are, and I am being patient and bet BIG on Supreme Cannabis utilizing that capital to GROW HUGE!

and they'll do a share buy back I'm sure increasing shareholder value for all the investors who believed in Beena. She said herself, she very much values the shareholders, so buy, buy, buy, at these levels, it's an unbelievable price to invest in what could be one of the largest Cannabis Companies in North America with Shumer and other Democrats about to legalize Cannabis Federally - which would provide Supreme a Massive Expansion Opportunity to Ship to the US since they're already shipping to Israel, Australia, and if they start shipping to the US, you guys would have missed the whole trade!

Buy now when Supreme Cannabis is on the VERGE of to BIG TIME! 

*Disclaimer for any shorts betting against Beena and Supreme, I would highly recommend against shorting Supreme. The upside is $.27 if they go bankrupt and they just got $25M from BMO so not likely. Better off shorting Tesla which is CrAzY Overvalued, not a company that's $.27 and on the verge of GROWING HUGE. Next quarter is going to CRUSH earnings again and I bet Beena announces news before then. 


Prediction Fire.ca = $5+  before end of 2021

Comment by 541house on Mar 03, 2021 12:55pm
Share buyback? That is hilarious!!!! Only way this stock see 2bucks is if they do a 5to1 reverse split
Comment by vulcan123456789 on Mar 03, 2021 1:09pm
house your proper way to trade it is to bash it ... no respect for anyone else here.. sad.. i trade at times too to build share count .. but only take advantage of the manipulation not bash a great company. .. why are you not trading sugr
Comment by Stockjayz on Mar 03, 2021 5:07pm
If they did a reverse 5-1 split or even 10 to 1. Will it hurt current shareholders?   Im down a bit but averaged out at $.33 (figuring the BMO raise of $.31 would be the floor? Can't figure that out? But should I take my loss and buy back after a reverse split? Will I be hurt if I'm in when they announce it? please advise... Thanks!  
Comment by Kalsabor on Mar 03, 2021 5:12pm
wondering about that "bmo effect " too....
Comment by vulcan123456789 on Mar 03, 2021 5:16pm
i dont see a reverse split. other companies have similar share structure..as far as manipulation goes it would still happen until they are ready to move it.. a reverse split is almost never good for shareholders for what i see.. doesnt stop price from.declining but once it does if it does they just issue more shares eventually.. supreme has to.make the value work for current share count ...more  
Comment by Pedal2themetal7 on Mar 03, 2021 5:57pm
I've studied, witnessed and sadly invested in a company which conducted a RS, and based on my experience a RS is bad news and most investors veer away from those stocks. At times you'll have deep pockets investors partnered with companies not performing and want to artificially increase the SP. Deep pockets might be able to sustain the increase in SP for some time but if the company doesn& ...more  
Comment by InvestorXpert on Mar 03, 2021 7:07pm
Hey Vulcan, I'm a long and have a total of 140k shares at 0.36 so I'm quite underwater in the moment so definitely frustrating to see this but I have to correct you on one thing. you are right that reverse split is never good but having 700 million shares and if you think they will do a share buy back you can forget about that. We are sooo far away from being able to do that as we need ...more  
Comment by VK400S on Mar 03, 2021 7:33pm
I'm ready to sacrifice 20% drop due to RS if it gets us to Nasdaq.
Comment by vulcan123456789 on Mar 03, 2021 7:44pm
investor.. appreciate your imput.. many opinions if constructed are appreciated.. dif opinions are what makes the board interesting. the only people i go after are shorts... consider we were on the venture and well over 2 bucks .. the tsx.. was to.. take us to the next level.. ..it didnt..we only went down.. i dont necessarly believe the Nasdaq to be the shinny penny we need....if we get there on ...more  
Comment by vulcan123456789 on Mar 03, 2021 7:48pm
investor just to add when i say share buy back i dont mean anywhere in the near future... we have to be making some dam good profit first and not need that for initiatives... eventually many yrs out this industry could also pay dividends... many yrs out after industry matures cheers
Comment by VK400S on Mar 03, 2021 7:21pm
To get this company really moving and get evaluated the same way as the "big boys", they need to get uplisted on a better exchange, no doubt here at all. And the only way to get to Nasdaq or similar, they will have to RS. They just anounced the ATM reopening 10 minutes ago, dilution won't let them raise the SP to few dollar to be considered for another excange. And as a result it ...more  
Comment by GustheGreek on Mar 03, 2021 5:21pm
The way it looks, with the shorters punishing this stock, a reverse split is imminent. Sometimes it can be a good thing, but with these small caps, we tend to see a dip in the market cap more often than not. This imo is a very undervalued and overlooked stock. We need some "strong" buyers to step in and squash the sc@mbag shorters!!!
Comment by 541house on Mar 03, 2021 5:45pm
gusthegreek the longs and shorters are going to be mad at you now!!!
Comment by chauncy2 on Mar 03, 2021 7:05pm
Make up your mind Gus... or let me help you, your a shorter, period. Anything to steal from the weak.. eh? You wont get mine.. double period.
Comment by 541house on Mar 03, 2021 6:13pm
Stockjaz there will not be a reverse split any time soon, dont change your thinking because of someones post here!! There also will not be any buying back of shares by Beena either!! 
Comment by Freelancer7777 on Mar 03, 2021 7:36pm
It’s been at $3.20 in past so your $2 theory is wrong there was no reverse split then fool